According to Deloitte, Asia Pacific is leading the recovery in global hotel performance, achieving the strongest revenue per available room (revPAR) growth during the first four months of 2010, up 24.1% to US$83.
Commenting on the recovery, Alex Kyriakidis, Global Managing Partner of Tourism, Hospitality & Leisure at Deloitte, said: “With an outlook of strong economic recovery for Asia Pacific, hotel performance has benefited and revPAR is only US$14 short of levels achieved pre-recession, for the same period in 2008.
Read the full story at http://www.hotelmarketing.com/index.php/content/article/asia_pacific_hotels_lead_global_recovery/
