{"id":221209,"date":"2023-05-16T05:15:00","date_gmt":"2023-05-15T22:15:00","guid":{"rendered":"https:\/\/www.ttrweekly.com\/site\/?p=221209"},"modified":"2023-05-16T06:08:15","modified_gmt":"2023-05-15T23:08:15","slug":"jakarta-hotel-rates-rise","status":"publish","type":"post","link":"https:\/\/www.ttrweekly.com\/site\/2023\/05\/jakarta-hotel-rates-rise\/","title":{"rendered":"Jakarta hotel rates rise"},"content":{"rendered":"\n<p>SINGAPORE, 16 May 2023: Jakarta\u2019s hotel industry posted its highest monthly average daily rate (ADR) since August 2018, according to preliminary April 2023 data from STR.<\/p>\n\n\n\n<p><strong>April 2023 (year-over-year % change)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Occupancy: 45.0% (-1.7%)<\/li>\n\n\n\n<li>Average daily rate (ADR): IDR1,015,991.89 (+32.9%)<\/li>\n\n\n\n<li>Revenue per available room (RevPAR): IDR456,808.80 (+30.6%)<\/li>\n<\/ul>\n\n\n\n<p>When looking at daily data, Jakarta hotels reported their highest occupancy level on Wednesday, 12 April (at 59.4%). Overall, the market\u2019s daily occupancy levels fluctuated between 30-60% throughout the month, with only one day falling below the 30% mark \u2013 Wednesday, 19 April (at 29.7%).<\/p>\n\n\n\n<p>More of STR\u2019s industry analysis can be found <a href=\"https:\/\/str.com\/data-insights-blog\/coronavirus-hotel-industry-data-news\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a> <\/p>\n\n\n\n<p>(Source: STR)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, 16 May 2023: Jakarta\u2019s hotel industry posted its highest monthly average daily rate (ADR) since August 2018, according to preliminary April 2023 data from STR. April 2023 (year-over-year % change) When looking at daily data, Jakarta hotels reported their highest occupancy level on Wednesday, 12 April (at 59.4%). Overall, the market\u2019s daily occupancy levels [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":220347,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[640,235],"tags":[],"class_list":{"0":"post-221209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hotels","8":"category-indonesia"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jakarta hotel rates rise - TTR Weekly<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ttrweekly.com\/site\/2023\/05\/jakarta-hotel-rates-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jakarta hotel rates rise - TTR Weekly\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE, 16 May 2023: Jakarta\u2019s hotel industry posted its highest monthly average daily rate (ADR) since August 2018, according to preliminary April 2023 data from STR. 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