STR: Asia/Pacific hotel performance for February 2020
STR: Asia/Pacific hotel performance for February 2020
20 MARCH 2020 9:38 AM

Asia/Pacific hotel occupancy decreased 37.7% to 41.2% in February, and despite a 1.9% ADR increase to $107.35, RevPAR dropped 36.5% to $44.27.

SINGAPORE—Reflecting the effects of the COVID-19 pandemic, hotels in the Asia Pacific region reported a significant decline in occupancy but fairly steady room rates during February 2020, according to data from STR.

U.S. dollar constant currency, February 2020 vs. February 2019

• Occupancy: -37.7% to 41.2%
• Average daily rate (ADR): +1.9% to US$107.35
• Revenue per available room (RevPAR): -36.5% to US$44.27

The Asia Pacific region was the first to show a significant COVID-19 hotel performance impact. STR continues to monitor the situation and issue preliminary data press releases, such as one specific to Melbourne performance through 8 March. More information, including recent Asia Pacific webinars and analysis articles, can be found here.

In February specifically, China’s occupancy dropped 75.9% to an absolute level of 14.0%. Also of note, Singapore was down 46.9% to 46.4%; South Korea dropped 30.0% to 42.7%; and Japan fell 22.4% to 64.7%.

At the market-level, Sanya’s occupancy plummeted 89.8% to 7.8%. Shanghai was down 82.0% to 9.7%. Hong Kong fell 73.0% to 24.0%.

Download STR's February 2020 global hotel review.

A note to editors
All references to STR data and analysis should cite “STR” as the source. Please refrain from citing “STR, Inc.” “Smith Travel Research” or “STR Global” in sourcing.

About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit and

International Media Contact:
Rebeca Vélez Mínguez
Communications Executive
+44 (0)203 890 0056 ext. 0056

General Media Inbox:

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editorial Director Stephanie Ricca at

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.