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137. STR Reports Global Hotel Performance for May 2010
STR Reports Global Hotel Performance for May 2010. According to data compiled by STR Global, hotels in the Asia Pacific region experienced increases in all three key performance metrics for May 2010 when reported in U.S. dollars. In year-over-year measurements, the Asia Pacific region's ORs rose 15.3% to 63.1%, ADR increased 8.6% to US$125.52, and RevPAR jumped 25.2% to US$79.24.
138. Oakwood Suites to Open in Bangkok and Yokohama
Oakwood, a subsidiary of Mapletree Investments, has signed two new properties, one in Bangkok, Thailand, and another in Yokohama, Japan. The Oakwood Suites Bangkok is scheduled to open by the end of this year, while Oakwood Suites Yokohama, a Mapletree-owned property, is set to open in mid-2020.
139. Oakwood Premier Incheon to Open 23 July 2014
Oakwood has confirmed that the Oakwood Premier Incheon, South Korea will open on 23 July 2014. To celebrate, the property is offering rates from KRW 150,000 + service charge + taxes for a Studio Superior apartment. The property brings the number of Oakwood branded properties in the Asia Pacific region to 28, and represents the company’s second Oakwood branded property in South Kore

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