Monday, January 4, 2010

STR Global posts November 2009 increases for Asia/Pacific region

LONDON—Hotels in the Asia/Pacific region experienced increases when reported in U.S. dollars for all three key performance metrics for November 2009, according to data compiled by STR Global.

In year-over-year measurements, the Asia/Pacific region’s occupancy grew by 2.2 percent to 68.0 percent; average daily rate increased by 1.2 percent to US$129.46; and revenue per available room jumped 3.4 percent to US$88.05.

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