STR Global: Asia/Pac Result for April 2015
Hotels in the Asia Pacific region experienced mixed year-over-year results in the three key performance metrics during April 2015 when reported in U.S. dollars, according to data compiled by STR Global.
The region’s occupancy for April increased 1.6 percent to 69.6 percent. However, the region’s average daily rate dropped 5.6 percent to US$109.77, and its revenue per available room decreased 4.1 percent to US$76.43.
(Read more at: HotelNewsNow.com)