Peninsula Hotels' Greater China Room Revenue Rises 18% Last Quarter

Hongkong and Shanghai Hotels released third-quarter operating data, with average revenue per available room rising across all four major markets for its Peninsula hotels. RevPAR for Peninsula hotels in Greater China was $2,912, up about 18 per cent year on year, the largest increase; room revenue in Europe was $10,600, up about 15 per cent year on year; and in the United States it was $6,534, up about 9 per cent.