Hotels in the Asia Pacific region experienced mostly positive performance results during February 2014 when reported in U.S. dollars, according to data compiled by STR Global.
Hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during August 2013 when compared with August 2012 and reported in U.S. dollars, according to data compiled by STR Global.
RSC will utilize RateGain’s rate intelligence tool PriceGain, to power RSC’s PRIMES RMS with accurate and comprehensive data for its Hotels and resorts in the Asia Pacific region.
Hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during July 2013 when reported in U.S. dollars, according to data compiled by STR Global.
The Group has been actively acquiring new properties in the Asia Pacific region with over 1000 rooms joining the network this financial year. Annual earnings have grown by over $16 million over the past four years.
The Asia Pacific Region's occupancy ended the month with a 0.4-percent decrease to 67.1 percent, its average daily rate dropped 3.8 percent to US$116.29 and its revenue per available room was down 4.2 percent to US$77.99.
In May, the Asia/Pacific region’s occupancy ended the month with a 1.3-percent decrease to 65.9 percent, its average daily rate dropped 2.5 percent to US$119.69 and its revenue per available room was down 3.8 percent to US$78.82.
In April, the Asia/Pacific region’s occupancy ended the month with a 0.5-percent decrease to 68.6 percent, its average daily rate dropped 2.3 percent to US$127.20 and its revenue per available room was down 2.8 percent to US$87.22.
Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during October 2011 when reported in U.S. dollars.
STR Global’s Market Forecast is projecting mostly year-on-year improvements in revenue per available room for the remainder of 2011 with some slowdown expected in 2012 for the 45 markets available.