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STR Global: Asia/Pac. results for May 2011

06/28/2011| 5:20:46 PM| 中文

LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during May 2011 when reported in U.S. dollars, according to data compiled by STR Global.

LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during May 2011 when reported in U.S. dollars, according to data compiled by STR Global.

In year-over-year measurements, the Asia/Pacific region’s occupancy ended the month virtually flat with a 0.2-percent decrease to 64.0 percent, average daily rate increased 13.5 percent to US$138.54, and revenue per available room jumped 13.3 percent to US$88.72.

“Supply increases outpaced demand for the first five months of this year growing 2.6 percent and 2 percent, respectively”, said Elizabeth Randall, managing director of STR Global. “Therefore the occupancy levels across the region are down slightly by 0.6 percent, year to date. Occupancy continued to improve across Central & South Asia, Southeastern Asia and Oceania.

Read full story at: http://www.hotelnewsnow.com/articles.aspx/5812/STR-Global-Asia-Pac-results-for-May-2011

TAGS: STR
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