---
title: "In the third quarter, the average hotel room rate in the Greater China region of HK&S HOTELS fell by 4.12% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264390934.md"
description: "HK&S HOTELS announced its third-quarter operating data, showing that the average room rate in the Greater China region fell by 4.12% year-on-year to HKD 3,697. Despite the decline in room rates, the average revenue per available room increased by 19.03% to HKD 2,477, with the occupancy rate rising to 67%. In addition, rental prices for residential and office buildings increased by 2.17% and 3.03%, respectively, while mall rents decreased by 2.22%"
datetime: "2025-11-05T09:24:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264390934.md)
  - [en](https://longbridge.com/en/news/264390934.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264390934.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/264390934.md) | [繁體中文](https://longbridge.com/zh-HK/news/264390934.md)


# In the third quarter, the average hotel room rate in the Greater China region of HK&S HOTELS fell by 4.12% year-on-year

HK&S HOTELS (00045.HK) announced its third-quarter operating data, with the average revenue per available room for Peninsula Hotels in the Greater China region at HKD 2,477, an increase of 19.03% year-on-year, and the average room rate at HKD 3,697, a decrease of 4.12% year-on-year, with the occupancy rate rising by 13 percentage points to 67%.

In terms of rental properties, the average monthly rent per square foot for residential and office buildings was HKD 47 and HKD 68, respectively, an increase of 2.17% and 3.03% year-on-year; the average monthly rent per square foot for shopping malls was HKD 132, a decrease of 2.22% year-on-year. Additionally, the occupancy rates for residential and shopping malls each increased by 2 percentage points, reaching 94% and 89%, respectively, while the occupancy rate for office buildings decreased by 9 percentage points to 76%

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- [HK&S HOTELS (00045.HK)](https://longbridge.com/en/quote/00045.HK.md)

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