STR Global: Asia/Pacific hotel results for May 2012
27 June 2012
Hotels in the Asia/Pacific region experienced positive results in all three key performance metrics for May 2012 when reported in US dollars, according to data compiled by STR Global.
In year-over-year measurements, the Asia/Pacific region's occupancy increased 2.3 percent to 65.5 percent, its average daily rate increased 1.0 percent to US$135.85 and its revenue per available room was up 3.3 percent to US$88.94.
Highlights from key market performers in May 2012 in local currency (year-over-year comparisons):
- Tokyo, Japan, reported the largest occupancy increase, rising 28.1 percent to 80.4 percent, followed by Phuket, Thailand, with a 19.0-percent increase to 60.9 percent.
- Delhi, India, fell 14.3 percent in occupancy to 51.5 percent, posting the largest decrease in that metric.
- Jakarta, Indonesia (+20.4 percent to IDR924,524.45), and Tokyo (+19.2 percent to JPY14,915.74), experienced the largest ADR increases for the week.
- Two markets posted double-digit ADR decreases: Delhi (-10.8 percent to INR6,476.82) and Hanoi, Vietnam (-10.1 percent to VND2,218,689.50).
- Four markets achieved RevPAR increases of more than 20 percent: Tokyo (+52.8 percent to JPY11,991.13); Phuket (+37.7 percent to THB2,009.08); Bangkok, Thailand (+21.3 percent to THB1,991.59); and Jakarta (+20.3 percent to IDR674,150.30).
- Delhi fell 23.6 percent in RevPAR to INR3,332.95, posting the largest decrease in that metric.
Highlights from key market performers for May 2012 in U.S. dollars (year-over-year comparisons):
- Tokyo increased 21.6 percent in ADR to US$188.20, reporting the largest increase in that metric, followed by Beijing (+12.0 percent to US$115.05) and Phuket (+10.5 percent to US$103.71).
- Delhi (-28.4 percent to US$114.75) and Mumbai, India (-23.7 to US$136.21), posted the largest ADR decreases in May.
- Three markets achieved RevPAR increases of more than 20 percent: Tokyo (+55.9 percent to US$151.30); Phuket (+31.5 percent to US$63.11); and Osaka (+20.2 percent to US$110.40).
- Delhi fell 38.7 percent in RevPAR to US$59.05, posting the largest decrease in that metric.
