Starwood revPAR declines 7.2% in Q4
Starwood Hotels & Resorts has reported a 7.2% year-on-year decline worldwide revenue per available room (revPAR) for the fourth quarter of 2009. The group’s hotels in Asia Pacific however, compared performed better than the global average, with revPAR in the region’s hotels rising 1.1% – the only region’s to see an improvement. The Middle East & Africa saw an 11.7% decline. In terms of brand, W Hotels saw the lowest revPAR decline (-2.3%), followed by St Regis & Luxury Collection (-4.4%), Westin (-7.2%), Sheraton (-7.6%), Four Points (-8.8%) and Le Meridien (-8.9%).