Hotels in the Asia Pacific region experienced
double-digit decreases when reported in U.S. dollars for all three
key performance metrics for June 2009, according to data compiled
by STR Global.
In year-over-year measurements, occupancy rates
in the Asia Pacific region dropped 10.8% to 56.2%; the ADR
declined 16.3% to US$111.85; and RevPAR fell 25.3% to US$62.88.
“The recent tragic events in Jakarta unfortunately will impact
hotel performance in Indonesia, which year-to-June was one of only
two countries we track on the Asia Pacific Hotel Review to report
positive RevPAR results (+8.1%) when reported in local
currency,” said James Chappell, managing director of STR Global.
“Bali and Jakarta were the only two markets to report RevPAR
increases in the month of June and for the year-to-date in local
Among the key markets, Melbourne, Australia,
ended the month virtually flat in occupancy with a 0.7%
decrease to 70.5%. Sydney, Australia (-1.3% to 70.3%) and Brisbane, Australia (-1% to 78.2%) also
experienced minimal occupancy decreases.
Four markets reported
occupancy decreases of more than 20%: Bangkok, Thailand
(-31.6% to 46.3%); Hong Kong, China (-24.8%
to 59.7%); Phuket, Thailand (-24.8% to 36.4%); and Osaka, Japan (-21.5% to 58.5%).
Tokyo, Japan, experienced the largest ADR increase, jumping
7.4% to US$210.75. Bali, Indonesia (+5.9% to
US$119.34) and Osaka (+1.1% to US$106.40) were the only
other markets to report ADR increases.
Two markets experienced ADR
decreases of more than 30%: Mumbai, India (-33.8% to
US$173.57) and New Delhi, India (-31.9% to US$155.16).
Tokyo posted the smallest RevPAR decrease for the month, down
3.1% to US$137.33. Jakarta (-9.4% to US$46.99) and
Bali (-6.4% to US$83.10) also reported single-digit RevPAR
Four markets experienced RevPAR decreases of more than
35%: New Delhi (-41.5% to US$80.31); Bangkok (-41.3% to US$41.64); Mumbai (-39.3% to US$95.12); and Hong
Kong (-36.2% to US$88.91).
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