Starwood 2012 Annual Report Download - page 133
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Segment Results
The following table summarizes REVPAR, ADR and occupancy for our Same-Store Owned Hotels for the
year ended December 31, 2012 and 2011. The results for the year ended December 31, 2012 and 2011 represent
results for 39 owned, leased and consolidated joint venture hotels (excluding 11 hotels sold and 14 hotels
undergoing significant repositionings or without comparable results in 2012 and 2011).
Year Ended
December 31,
2012 2011 Variance
Worldwide (39 hotels with approximately 13,400 rooms)
REVPAR (1) ............................................ $160.01 $159.85 0.1%
ADR ................................................. $220.71 $221.17 (0.2)%
Occupancy ............................................ 72.5% 72.3% 0.2
Americas (25 hotels with approximately 10,000 rooms)
REVPAR (1) ............................................ $138.06 $135.38 2.0%
ADR ................................................. $195.78 $192.22 1.9%
Occupancy ............................................ 70.5% 70.4% 0.1
EAME (10 hotels with approximately 2,100 rooms)
REVPAR (1) ............................................ $243.98 $259.18 (5.9)%
ADR ................................................. $321.49 $342.36 (6.1)%
Occupancy ............................................ 75.9% 75.7% 0.2
Asia Pacific (4 hotels with approximately 1,300 rooms)
REVPAR (1) ............................................ $191.37 $185.35 3.2%
ADR ................................................. $232.06 $228.50 1.6%
Occupancy ............................................ 82.5% 81.1% 1.4
The following table summarizes REVPAR, ADR and occupancy for our Same-Store Systemwide Hotels for
the year ended December 31, 2012 and 2011. Same-Store Systemwide Hotels represent results for same-store
owned, leased, managed and franchised hotels.
Year Months Ended
December 31,
2012 2011 Variance
Worldwide (901 hotels with approximately 265,900 rooms)
REVPAR (1) ............................................ $116.51 $112.93 3.2%
ADR ................................................. $169.55 $168.49 0.6%
Occupancy ............................................ 68.7% 67.0% 1.7
Americas (544 hotels with approximately 163,800 rooms)
REVPAR (1) ............................................ $114.17 $107.93 5.8%
ADR ................................................. $161.02 $156.05 3.2%
Occupancy ............................................ 70.9% 69.2% 1.7
EAME (199 hotels with approximately 50,100 rooms)
REVPAR (1) ............................................ $132.37 $137.47 (3.7)%
ADR ................................................. $203.82 $215.18 (5.3)%
Occupancy ............................................ 64.9% 63.9% 1.0
Asia Pacific (158 hotels with approximately 52,000 rooms)
REVPAR (1) ............................................ $108.79 $105.36 3.3%
ADR ................................................. $166.29 $166.49 (0.1)%
Occupancy ............................................ 65.4% 63.3% 2.1
(1) REVPAR is calculated by dividing room revenue, which is derived from rooms and suites rented or leased,
by total room nights available for a given period. REVPAR may not be comparable to similarly titled
measures such as revenues.
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