JLL: 2014 sees 1,662 new rooms added to upscale hotels in Shanghai
According to Jones Lang LaSalle IP’s report ‘Hotel Destinations Asia Pacific’, some 1,662 new rooms were added to Shanghai’s upscale hotels in calendar 2014. Over the year as a whole, the city received 7.9mn international visitors. The average occupancy rate was 66.3%. The average daily rate (ADR) per room was USD171 per night. Revenue per available room (REVPAR) was USD113 per night.
Source : 31 Mar 2015/JLL/Shanghai/HOT