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More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth

More Asian countries stay ahead of 2023 levels, Japan maintains significant rate growth
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

More global hotel markets growing RevPAR

STR s global "bubble chart" update as of 9 March 2024 shows that 77% of markets increased revenue per available room (RevPAR) from the comparable period in 2023, which was 4% more than the last update. Occupancy and average daily rate (ADR) were also steadily higher than last year.

74% of global markets increased RevPAR to start 2024

STR s global "bubble chart" update as of 10 February 2024 shows that 74% of markets increased revenue per available room (RevPAR) from the comparable period in 2023. Growth was balanced with 64% of markets showing increased occupancy and 70% achieving a higher average daily rate (ADR) than last year.

90% of global markets post RevPAR growth above 2019, most of China included : Monday, 23rd October 2023 : 4Hoteliers

90% of global markets post RevPAR growth above 2019, most of China included : Monday, 23rd October 2023 : 4Hoteliers
4hoteliers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 4hoteliers.com Daily Mail and Mail on Sunday newspapers.

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