Americas Region

The Americas region reported declines in all three key performance metrics when reported in U.S. dollars for March 2009, according to data compiled by STR and STR Global. Occupancy for the region dropped 11.2 percent to 55.7 percent; average daily rate dropped 10.5 percent to US$100.94; and revenue per available room dropped 20.5 percent to US$56.18.

Performances of key countries in March (all monetary units in local currency):

Country	Occupancy	% change	ADR	% change	RevPAR	% change
Argentina	57.6%	-20.7%	ARS538.28	+7.4%	ARS310.08	-14.8%
Brazil	63.9%	-0.3%	BRL189.87	+3.5%	BRL121.40	+3.2%
Canada	55.3%	-6.4%	CAD123.83	-1.9%	CAD68.45	-8.2%
Mexico	59.9%	-10.5%	MXN1685.51	+6.4%	MXN1010.10	-4.8%
United States	55.2%	-11.6%	USD99.42	-9.6%	USD54.93	-20.0%

Europe

The European hotel industry reported mixed year-over-year results when reported in U.S. dollars, euros and British pounds for March 2009, according to data compiled by STR Global. Figures for occupancy, average daily rate and revenue per available room ranged from double-digit losses to single-digit gains, depending on the market and the currency used for comparison.

Performances of key countries in March (all monetary units in local currency):

Country	Occupancy	% change	ADR	% change	RevPAR	% change
Germany	59.7%	+6.0%	EUR84.76	+0.7%	EUR50.60	+6.7%
Italy	52.8%	-7.9%	EUR121.09	-8.4%	EUR63.99	-15.6%
Russia	45.2%	-15.7%	RUB6827.83	-8.8%	RUB3088.48	-23.0%
Spain	54.0%	-14.1%	EUR78.72	-13.9%	EUR42.48	-26.1%
United Kingdom	66.0%	-4.4%	GBP78.31	-1.7%	GBP51.65	-6.0%

Asia/Pacific

Hotels in the Asia/Pacific region reported double-digit decreases when reported in U.S. dollars for all three key performance metrics for February 2009, according to data compiled by STR Global. The Asia/Pacific region’s occupancy dropped 14.4 percent to 60.6 percent; average daily rate declined 19.5 percent to US$117.46; and revenue per available room fell 31.1 percent to US$71.14. “Hotel performance continues to tumble in Asia, with a combination of oversupply and the global economic slowdown wiping out many of the gains made over the previous couple of years,” said James Chappell, managing director of STR Global.

Performances of key countries in March (all monetary units in local currency):

Country	Occupancy	% change	ADR	% change	RevPAR	% change
Australia	74.7%	-3.6%	AUD175.07	-2.4%	AUD130.72	-5.9%
China	51.0%	-19.7%	CNY711.52	-19.2%	CNY362.92	-35.1%
India	56.2%	-21.6%	INR7399.97	-23.0%	INR4155.31	-39.6%
Japan	71.1%	-9.0%	JPY13833.80	-5.9%	JPY9838.51	-14.4%
Singapore	69.3%	-15.8%	SGD254.95	-15.1%	SGD176.72	-28.5%

Middle East/Africa

The Middle East/Africa region reported mixed year-over-year results when reported in U.S. dollars for March 2009, according to data compiled by STR Global. The region’s occupancy dropped 11.0 percent to 66.3 percent; average daily rate decreased 5.6 percent to US$159.04; and revenue per available room decreased 16.0 percent to US$105.51.

Performances of key countries in March (all monetary units in local currency):

Country	Occupancy	% change	ADR	% change	RevPAR	% change
Egypt	70.1%	-16.9%	EGP445.93	-0.7%	EGP312.56	-17.5%
Saudi Arabia	63.4%	+11.8%	SAR688.47	+11.9%	SAR436.72	+25.1%
South Africa	64.9%	-13.0%	ZAR847.62	+2.9%	ZAR550.45	-10.5%
United Arab Emirates	76.4%	-14.0%	AED944.60	-24.3%	AED721.22	-34.9%