1QFY2021 global revenue per average room (RevPAR) fell 51.7% y-o-y to $44.60 from the previous year’s $92.40.
Photo: The Edge Singapore
In its 1Q business update released on May 19, City Developments Limited (CDL) has reported a 15.7 percentage point drop y-o-y to 36.8% in global occupancy for the 1QFY2021, down from the 52.5% reported in the 1QFY2020 for its hotel operations segment.
