LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during April 2011 when reported in U.S. dollars, according to data compiled by STR Global.
In year-over-year measurements, the Asia/Pacific region’s occupancy fell 2.1 percent to 64.7 percent, average daily rate increased 14.6 percent to US$143.99, and revenue per available room jumped 12.2 percent to US$93.19.
“Asia/Pacific’s overall RevPAR performance continues to be driven by improvements in average room rates”, said Elizabeth Randall, managing director of STR Global. “Out of the 15 countries tracked in our Asia/Pacific Hotel Review, only Japan, following the devastating March earthquake and tsunami, reported a decline in average room rates. Occupancy levels across the region, following a strong re-bounce last year, declined slightly compared to last year”.
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