Hotels in the Asia Pacific region experienced nearly flat performance in the three key performance metrics when reported in U.S. dollar constant currency.
There are 2,403 hotels totaling 553,895 rooms under contract in the Asia/Pacific region, according to the April 2015 STR Global Construction Pipeline Report.
The region’s occupancy for March fell 0.3% to 68.7%. Affected by the continued devaluation of the Japanese yen.
The region’s occupancy for February fell 3.6% to 64.6%; its ADR dropped 3.6% to $117.64; and its RevPAR decreased 7% to $75.97.
Hotels in the Asia Pacific region experienced negative year-over-year results in the three key performance metrics during February 2015 when reported in US dollars.
A growing economy and diversified tourism base in Vietnam are drawing increased interest from investors the world over.
Hotels in the Asia Pacific region experienced mixed results during the first six months of 2014 when reported in U.S. dollars, according to data compiled by STR Global.
The Asia Pacific hotel development pipeline comprises 1,625 hotels totaling 374,604 rooms.
In year-over-year measurements, the Asia Pacific region"s occupancy increased 3.8% to 67.6%, its average daily rate increased 3.6% to US$145.01 and its revenue per available room was up 7.6% to US$98.07.
LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during July 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 July 2011 when reported in U.S. dollars, according to data compiled by STR Global.
Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for January 2010 when reported in U.S. dollars, according to data compiled by STR Global.
Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for January 2010 when reported in U.S. dollars, according to data compiled by STR Global.
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