Hotels in the Asia Pacific region reported mostly negative results in the three key performance metrics during January 2020, according to data from STR.
U.S. dollar constant currency, January 2020 vs. January 2019
Asia Pacific
- Occupancy: -11.3% to 57.8%
- Average daily rate (ADR): +4.3% to US$104.03
- Revenue per available room (RevPAR): -7.5% to US$60.15
Local currency, January 2020 vs. January 2019
Hong Kong SAR
- Occupancy: -37.2% to 56.2%
- Average daily rate (ADR): -30.0% to HKD999.88
- Revenue per available room (RevPAR): -56.0% to HKD561.85