The region’s occupancy ended the month with a 3.0-percent increase to 71.8 percent, its average daily rate dropped 5.3 percent to US$119.88, and its revenue per available room was down 2.5 percent to US$86.09.
Highlights from key market performers for August 2013 in local currency (year-over-year comparisons):
• Kuala Lumpur, Malaysia, reported the largest occupancy increase, rising 17.1 percent to 78.8 percent. Ho Chi Minh City, Vietnam, followed with a 15.0-percent increase to 64.3 percent.
Read full story at: http://www.hotelnewsnow.com/Article/11298/STR-Global-Asia-Pacific-results-for-August
