LONDON – Jakarta’s lodge business posted its highest month-to-month common day by day charge (ADR) since August 2018, in line with preliminary April 2023 information from STR.
April 2023 (year-over-year % change)
- Occupancy: 45.0% (-1.7%)
- Common day by day charge (ADR): IDR1,015,991.89 (+32.9%)
- Income per out there room (RevPAR): IDR456,808.80 (+30.6%)
When day by day information, Jakarta lodges reported their highest occupancy degree on Wednesday, 12 April (at 59.4%). Total, the market’s day by day occupancy ranges fluctuated between 30-60% all through the month, with solely someday falling beneath the 30% mark – Wednesday, 19 April (at 29.7%).
Extra of STR’s evaluation might be discovered right here.
About STR
STR supplies premium information benchmarking, analytics and market insights for international hospitality sectors. Based in 1985, STR maintains a presence in 15 international locations with a North American headquarters in Hendersonville, Tennessee, a global headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a number one supplier of on-line actual property marketplaces, data and analytics within the industrial and residential property markets. For extra data, please go to str.com and costargroup.com.
Haley Luther
Communications Supervisor
+1 (216) 278 0627
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