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Asia Pacific and both Americas show best RevPAR in 2011

News New portion of statistics by STR Global – according to the report of the famous organization, the Americas and Asia Pacific are the leaders in the growth of RevPAR in 2011.

Asia Pacific countries show the revenue per available room (RevPAR) of US$93.84. Even though the occupancy was almost the same throughout the year (2011 ended with a slight growth of 0.2% and estimated66.8%), average hotel rates went up by 9.5% to US$140.44, causing the growth of RevPAR. The room rates reported are the highest ones for last seven years starting from 2005. However, the experts do not foresee further growth of revenues for Asia Pacific in 2012 due to the global cooling of world economy.

Both Americas showed the increase of occupancy by 4.2% (the total occupancy estimates 60.2%). Coupled with the growth of daily rates by 3.8% (the average room rate in 2011 estimated US$104.26), hotels in this region reached RevPAR of US$62.79. Hotels in Sao Paulo and Rio de Janeiro feature biggest growth of RevPAR in the Americas (+ 27.8% and +21.1% respectively).

The revenues of European accommodations are more modest – here RevPAR grew by 3.5% in December 2011. The occupancy went up by 2.2% and estimated 53.9%, RevPAR estimated €51.63 (US$67.13), and ADR added 1.2% to €95.76 (US$124.52).

Finally, the Middle East countries and Africa were mostly not successful in 2011. The total decrease of occupancy estimated 6.8% (57.1% in total), but the increase of average daily rates of 5.3% to US$162.8 helped RevPAR to fall only by 1.8% to the level of US$92.99.


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