Marriott International has reported its results for the first five months of 2011, with Asia Pacific leading the company’s performance growth. Revenue per available room (revPAR) at Marriott’s Asian hotels jumped 19.3% to US$94 – by far the strongest year-on-year rise of any region. The growth was driven by a combination of higher occupancy (+7.0% to 68.8%) and average daily rates (+7.1% to US$137).
Globally, revPAR increased 6.6% to US$110. Marriott expects full-year revPAR for 2011 to increase 6-8%, excluding the Middle East and Japan markets.