In the third quarter, the average room rate of Peninsula Hotels in the Greater China region fell by over 4%
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HK&S HOTELS announced its third-quarter results, with the average room rate of Peninsula Hotels in the Greater China region decreasing by 4.12% year-on-year to 3,697 yuan; revenue per available room increased by 19.03% year-on-year to 2,477 yuan, with an occupancy rate of 67%. In other Asian regions, room rates decreased by 5.51%, while revenue per available room grew by 6.97%. In Europe and the United States, both room rates and revenues saw an increase
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