Asia/Pacific hotel results for February
In year-over-year measurements, the Asia/Pacific region's occupancy increased 3.6 percent to 66.5 percent, its average daily rate increased 2.8 percent to US$145.92 and its revenue per available room was up 6.5 percent to US$97.08.
The changing dates for Chinese New Year, which started 23 January 2012 compared to 3 February 2011, impacted select results across the region, said Elizabeth Randall, managing director of STR Global. Demand grew again (by 6.4 percent) for February 2012 on a like-for-like basis against February 2011, picking up from a weaker January result.