STR Global: Asia/Pac Results for September
Hotels in the Asia Pacific region experienced positive results in two of the three key performance metrics when reported in US dollar constant currency, according to September 2015 data compiled by STR Global.
Compared to September 2014, the Asia Pacific region reported a 0.5% decrease in occupancy to 68.1%. However, average daily rate was up 2.0% to US$108.23, and revenue per available room increased 1.6% to US$73.71.
(Read more at: HotelNewsNow.com)