Wednesday, July 29, 2009

STR Global posts June 2009 results for Asia/Pacific region

LONDON—Hotels in the Asia/Pacific region experienced double-digit decreases when reported in U.S. dollars for all three key performance metrics for June 2009, according to data compiled by STR Global.
In year-over-year measurements, the Asia/Pacific region’s occupancy dropped 10.8 percent to 56.2 percent; average daily rate declined 16.3 percent to US$111.85; and revenue per available room fell 25.3 percent to US$62.88.

Read more:
http://www.hotelnewsnow.com/articles.aspx?ArticleId=1596

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