The Hongkong and Shanghai Hotels' (HKG:0045) second-quarter revenue per available room for its Peninsula hotels in Greater China remained largely flat year over year at HK$2,448, according to a Hong Kong bourse filing Wednesday.
RevPAR for other Asian locations rose to HK$2,821 from HK$2,218 a year earlier, while that for its US locations increased to HK$5,415 from HK$4,801, and European locations grew to HK$7,838 from HK$6,416.
Occupancy rates for its Greater China locations swelled to 63% from 56% in the year-ago period, while the rates for its other Asian locations increased to 61% from 53%.
Occupancy rates in the US grew to 72% from 69% while Europe's occupancy jumped to 62% from 53%.
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