Hotel Industry in the Asia Pacific Region Posts Positive Results For December 2012

Hotels in the Asia/Pacific region experienced positive results in the three key performance metrics in 2012 when reported in U.S. dollars, according to data compiled by STR Global.

In 2012, the Asia/Pacific region’s occupancy ended the year virtually flat with a 0.5-percent increase to 68.3 percent, its average daily rate increased 0.9 percent to US$129.26 and its revenue per available room was up 1.4 percent to US$88.25.

Highlights from key market performers for 2012 in local currency (year-over-year comparisons):

• Bangkok, Thailand (+11.0 percent to 70.5 percent), and Tokyo, Japan (+10.4 percent to 82.5 percent), achieved the largest occupancy increases for the year.
• Ho Chi Minh City, Vietnam, fell 5.4 percent in occupancy to 63.7 percent, posting the largest decrease in that metric, followed by Bali, Indonesia, with a 4.1-percent decrease to 69.8 percent.
• Three markets experienced double-digit ADR increases: Jakarta, Indonesia (+17.9 percent to IDR930,099.39); Taipei, Taiwan (+12.0 percent to TWD5,599.24); and Tokyo (+10.2 percent to JPY14,528.61).
• Four markets achieved RevPAR growth of more than 10 percent: Tokyo (+21.6 percent to JPY11,990.11); Jakarta (+19.0 percent to IDR667,120.13); Bangkok (+16.9 percent to THB2,052.69); and Phuket, Thailand (+10.9 percent to THB2,851.38).
• Auckland, New Zealand, reported the largest ADR (-13.9 percent to NZD136.42) and RevPAR (-15.1 percent to NZD102.62) decreases for the year.

Highlights from key market performers for 2012 in U.S. dollars (year-over-year comparisons):

• Taipei rose 11.9 percent in ADR to US$189.38, reporting the largest increase in that metric.
• Delhi, India (-16.7 percent to US$141.91), and Mumbai, India (-14.9 percent to US$149.05), posted the largest decreases for the year.
• Four markets experienced RevPAR growth of more than 10 percent: Tokyo (+19.8 percent to US$149.56); Bangkok (+15.8 percent to US$65.95); Jakarta (+11.3 percent to US$70.75); and Phuket (+10.6 percent to US$91.80).
• Delhi fell 17.2 percent in RevPAR to US$88.34, reporting the largest decrease in that metric.

In December 2012, the Asia/Pacific region reported a 0.2-percent increase in occupancy to 66.6 percent, it rose 1.2 percent in ADR to US$133.00 and it was up 1.4 percent in RevPAR to US$88.64.

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About STR Global:

STR Global provides clients-including hotel operators, developers, financiers, analysts and suppliers to the hotel industry-access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia/Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, RRC Associates, STR Analytics and HotelNewsNow.com. For more information, please visit www.strglobal.com.


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