Global Travel Media » Blog Archive » STR: Asia Pacific hotel performance for November 2019

Home » Hotel Trends » Currently Reading:

STR: Asia Pacific hotel performance for November 2019

December 24, 2019 Hotel Trends No Comments Email Email


Hotels in the Asia Pacific region reported mostly negative results in the three key performance metrics during November 2019, according to data from STR.

U.S. dollar constant currency, November 2019 vs. November 2018

Asia Pacific

  • Occupancy: +0.5% to 72.5%
  • Average daily rate (ADR): -2.2% to US$99.19
  • Revenue per available room (RevPAR): -1.7% to US$71.95

Market Focus, Local currency

Mumbai

  • Occupancy: +16.1% to 85.4%
  • Average daily rate (ADR): +4.3% to INR9,530.90
  • evenue per available room (RevPAR): +21.0% to INR8,141.73

The absolute occupancy level was the highest for a November in STR’s Mumbai database. STR analysts note that the calendar shift of the Diwali festival pushed more demand into November. The usual slowdown in corporate travel associated with the festival month occurred in October.



Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS

%d bloggers like this:
%d bloggers like this:
sitemap