STR Global Posts Asia/Pacific Performance Results for February 2010

Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for February 2010 when reported in U.S. dollars, according to data compiled by STR Global.
In year-over-year measurements, the Asia/Pacific region’s occupancy rose 4.7 percent to 60.6 percent, average daily rate increased 16.2 percent to US$131.36, and revenue per available room jumped 21.6 percent to US$79.65.
“The Asia-Pacific region continues on its recovery path and reported 20 percent RevPAR increase for the first two months of the year”, said Elizabeth Randall, managing director of STR Global. “This follows on from a 2 percent RevPAR increase for the 4th quarter 2009, which underlines that the bounce of poor performance last year is taking on strength. Asia-Pacific is currently leading the way in RevPAR improvements”.
Highlights from key market performers for February 2010: (year-over-year comparisons, all currency results in U.S. dollar)
•
Source: STR Global / Nevistas

More News:


My Trip

My Password Reset

To reset your password, please enter your email address below. An email containing further instructions will be immediately sent to the email address associated with your account.

OR

Register as Traveler

OR

Register as Local
Register as Tour Guide

OR

Close
Yes No
CONFIRM CHANGE TIME
Yes No

To top