After a typhoon paralyzed Tokyo on September 21, the performance of hotels in the city has already bounced back to normal.
According to data from STR Global, on the night of the event, occupancy level peaked to 84.7%, an addition of 30.1%. The average occupancy rate for the month, up to September 28, was down 6.5% compared to the same period last year.
The average daily rate percent change for the night of the typhoon, on the other hand, remained in line with the rest of the month, down 4%. As a result, revenue per available room increased by 25% for one night compared to a weaker monthly trend.
“Natural events affect life in many different ways. Travellers anticipating a possible disruption find shelter, comfort and safety in hotels around the city”, said Elizabeth Randall, managing director of STR Global. “As the weather storm passed, daily life returned to normal in Tokyo for both hoteliers and commuters.”
STR Global tracks more than 5,800 rooms in Tokyo, mainly in the upper-upscale and luxury market segment.