Negative performance from Asia Pacific in April

Osaka city skyline.

Hotel performance in the Asia Pacific was down across the three key metrics in April 2019, according to STR.

Australia and Oceania only experienced a minor drop in performance compared to April 2018. The occupancy rate in decreased 0.3 percent, the average daily rate went down $2.04 (USD), and RevPAR went down $1.85 (USD).

Not every area in the Asia Pacific saw drops in performance though. Central and South Asia notably had an average daily rate increase of 7.0 percent and a 4.7 percent boost to RevPAR.

However, every area in the Asia Pacific saw a decline in occupancy, where the most significant drop came from Southeastern Asia, which dropped -2.8 percent.

Year-to-date in April 2019 the Asia Pacific region had occupancy decrease -1.7 percent, ADR by -0.7 percent and RevPAR by -2.3 percent.

Alternatively, all three metrics increased in the Americas, and only occupancy (-0.3) went down in Europe.