Star Asia Investment Logs 90% Occupancy Rate in April

MT Newswires Live
26 May

Star Asia Investment (TYO:3468) recorded an occupancy rate of 90% for its hotels in April, a Tokyo bourse filing on Friday.

The average daily rate (ADR) stood at 16,939 yen for the month, with revenue per available room (revPAR) at 15,241 yen.

For the cumulative period of Feb. 1 to April 30, the occupancy rate stood at 89.4%, while ADR and revPAR were 15,750 yen and 14,076 yen, respectively.

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