LONDON – Jakarta’s 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)

• Occupancy: 45.0% (-1.7%)
• Average daily rate (ADR): IDR1,015,991.89 (+32.9%)
• Revenue per available room (RevPAR): IDR456,808.80 (+30.6%)

When looking at daily data, Jakarta hotels reported their highest occupancy level on Wednesday, 12 April (at 59.4%). Overall, the market’s daily occupancy levels fluctuated between 30-60% throughout the month, with only one day falling below the 30% mark – Wednesday, 19 April (at 29.7%).

More of STR’s analysis can be found here.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Manager
+1 (216) 278 0627
STR