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57. Hotels in Asia Pacific Report Q1 2017 Increase in OR and RevPAR
The Asia Pacific hotel industry reported mostly positive results in the three key performance metrics during the first quarter of 2017. In U.S. dollar constant currency, Q1 2017 vs. Q1 2016, occupancy in Asia Pacific grew by 3.3% to 68.3%, ADR decreased 0.3% to US$104.00 while RevPAR was up 3.0% to US$71.04.
58. Hotels in APAC Report Q2 2017 Increase in ADR, OR and RevPAR; Vietnam’s RevPAR Up 13.7%
According to data compiled by STR, the Asia Pacific hotel industry reported positive results in the three key performance metrics during the second quarter of 2017. In U.S. dollar constant currency, Q2 2017 vs. Q2 2016, the Asia Pacific region reported a 3.1% increase in Occupancy to 70.1%, an increase in ADR of 0.9% to US$97.39, and RevPAR jumped 4.1% to US$68.24.
59. Hotels in APAC Report July 2019 Drop in ADR; Hong Kong RevPAR Down -12.9%
In U.S. dollar constant currency, hotels in Asia Pacific reported a July 2019 occupancy increase of +0.2% to 73.2%, ADR dropped -1.5% to US$95.48 and RevPAR fell -1.3% to US$69.91 when compared to July 2018. In Hong Kong, occupancy decreased -4.1% to 83.4%, while ADR fell -9.1% to HKD1,163.21 and RevPAR plummeted -12.9% to HKD970.42.
60. Planet Payment selected as preferred Starwood's DCC service provider
Planet Payment selected as preferred Starwood's DCC service provider.
61. Hotel Rate Growth Shifts from Europe to Asia
Hotel Rate Growth Shifts from Europe to Asia. Hotels around the world have reported rate growth of 4% in the first half of 2011, according to the latest hotel survey from Hogg Robinson Group (HRG). Of the 50 cities surveyed, 33 reported a year-on-year increase in hotel rates with strong growth in Asia and an unexpected boost from cities such as Istanbul. Key trends noted by HRG inc
62. Asia Pacific Travelers Use ATMs as the Smarter Way to Access Cash
Asia Pacific Travelers Use ATMs as the Smarter Way to Access Cash. The survey, which covered 13 countries and territories found that almost half (46%) of respondents had withdrawn cash at an ATM overseas during their last holiday. Four in ten (38%) respondents also said they prefer to only take a small amount of cash to cover initial expenses and access more cash overseas when requ
63. Singapore Hotels Returning to Pre-Crisis Levels; Still Cheaper than HK
Singapore Hotels Returning to Pre-Crisis Levels; Still Cheaper than HK. Singapore hotels seem to be returning to pre-crisis levels with the vibrant city-state leaping 19 places as most expensive city in the world for business travellers, according to the Global Hotel Market Survey from the Hogg Robinson Group.
64. SAS Launches Travel Cash Service
SAS has launched Travel Cash, a brand new service which is designed to make travel easier for the airline’s frequent fliers by allowing 12 different currencies to be loaded onto their EuroBonus card. Travellers can also earn EuroBonus points every time the card is used to make a purchase.

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