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STR Global: Asia Pacific hotel results for June

July 25, 2013 Statistics & Trends No Comments Email Email

Hotels in the Asia Pacific region experienced decreases in the three key performance metrics during June 2013 when reported in U.S. dollars, according to data compiled by STR Global.

The region’s occupancy ended the month with a 0.4-percent decrease to 67.1 percent, its average daily rate dropped 3.8 percent to US$116.29 and its revenue per available room was down 4.2 percent to US$77.99.

During the first half of the year, the region reported a 1.0-percent decrease in occupancy to 66.3 percent, a 2.6-percent drop in ADR to US$125.19 and a 3.5-percent fall in RevPAR to US$82.97.

“During the first half of 2013 hotels in this region reported negative growth in all three key performance metrics”, said Elizabeth Winkle, managing director of STR Global. “However, some markets are performing quite well, and it appears travellers’ desires for sun, sea and sand continue to be strong as French Polynesia, Maldives and Thailand reported 33.3 percent, 16 percent and 16.6 percent RevPAR growth, respectively”.

Highlights from key market performers for June in local currency (year-over-year comparisons):

* Phuket, Thailand, reported the largest occupancy increase, rising 10.9 percent to 60.1 percent.
* Taipei, Taiwan, fell 10.3 percent in occupancy to 67.5 percent, posting the only double-digit decrease in that metric.
* Two markets achieved double-digit ADR growth: Jakarta, Indonesia (+13.0 percent to IDR1,077,711.51), and Osaka, Japan (+10.8 percent to JPY10,424.68).
* Mumbai, India, fell 6.8 percent in ADR to INR7,047.03, reporting the largest decrease in that metric. Delhi-NCR, India, followed with a 6.5-percent decrease to INR5,985.26.
* Five markets experienced double-digit RevPAR increases: Bangkok, Thailand (+15.7 percent to THB2237.87); Osaka (+15.7 percent to JPY8,612.26); Tokyo, Japan (+13.7 percent to JPY13,009.20); Jakarta (+12.9 percent to IDR825,752.15); and Melbourne, Australia (+11.6 percent to AUD134.20).
* Delhi-NCR was the only market to report a double-digit decrease in RevPAR, falling 11.2 percent to INR2,797.61.

Highlights from key market performers for June in U.S. dollars (year-over-year comparisons):

* Taipei (+8.9 percent to US$228.39) and Bangkok (+8.8 percent to $98.70) reported the largest ADR increases for the month.
* Tokyo reported the largest ADR decrease, falling 14.1 percent to US$151.45, followed by Mumbai with a 12.2-percent decrease to US$118.11.
* Two markets achieved double-digit RevPAR increases: Bangkok (+18.1 percent to US$71.92) and Phuket (+10.8 percent to US$57.27).
* Delhi-NCR posted the only double-digit RevPAR decrease, falling 16.4 percent to US$46.89.

For complete media releases with table, open the attached Word document.

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