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Q1 results for EMEA, Asia, Latin America: STR

STR reported Q1 data versus the previous year for EMEA, Asia and Latin America with strength in Europe leading the way. Through March, European hotels reported increases in each of the three key performance metrics. Conversely, the Middle East reported negative performance results during the first quarter of 2017.

Europe
Occupancy: +4.1% to 63.5%
Average daily rate (ADR): +2.3% to EUR100.94
Revenue per available room (RevPAR): +6.5% to EUR64.06

Middle East
Occupancy: -1.4% to 70.5%
Average daily rate (ADR): -6.8% to US$173.06
Revenue per available room (RevPAR): -8.2% to US$122.07

Africa
Occupancy: +5.0% to 56.0%
Average daily rate (ADR): +9.8% to US$111.15
Revenue per available room (RevPAR): +15.3% to US$62.19

Asia Pacific
Occupancy: +3.3% to 68.3%
Average daily rate (ADR): -0.3% to US$104.00 
Revenue per available room (RevPAR): +3.0% to US$71.04

Central/South America
Occupancy:  -1.6% to 55.3%
Average daily rate (ADR): -6.1% to US$101.60
Revenue per available room (RevPAR): -7.6% to US$56.16

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