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.
