Jakarta Hotel ADR and RevPAR Highest Since October 2018

STR | July 18, 2023

LONDON— Jakarta’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) levels since October 2018, according to preliminary June 2023 data from STR.   June 2023 (year-over-year % change): Occupancy: 66.7% (+1.2%) Average daily rate (ADR): IDR 996,926.80 (+19.4%) Revenue per available room (RevPAR): IDR 664,759.69 (+20.8%) The market’s occupancy level was the highest for any month since December 2022. When looking at the daily data, the highest occupancy (82.2%) and RevPAR (IDR 820,272.66) levels were recorded on Thursday, 22 June. More of STR’s analysis can be f...