ASIA Travel Tips.com

Occupancy Rates in Bangkok Hotels Up 26% year-to-May 2011

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Thursday, 28 July 2011

According to data compiled by STR Global, hotel performance across Thailand has bounced back after a troubled year. Year-on-year RevPAR for the first six months of 2011 is up in all major markets across the country.

Bangkok, which suffered from the well-publicised political demonstrations and violence of last year, has seen occupancy recover by 26% for the year-to-May 2011, albeit compared to a weak previous period.

While ADR for the same period has shown weaker growth (0.5%) there has been a stronger recovery in ADR over the last three months. The percentage change in Bangkok's ADR was 4% in April, 15% for May and 11% for June. This has resulted in recent year-on-year RevPAR growth for Bangkok, exceeding that of the Thai market as a whole for the first time since the beginning of 2010.

It should be noted however, that the ADR for the first half of 2011 of THB3,043 is still some 16% below the most recent peak of THB3,621 for the same period in 2008.

"After a difficult few years when the global economic slowdown was exacerbated by violent demonstrations, the Thai hotel industry is on a recovery path," said Elizabeth Randall, managing director of STR Global. "As overall demand and international tourist arrivals picked up again, more and more guests will again experience the Thai hospitality."

STR Global has 150 hotels in Thailand participating in its benchmarking survey.

See other recent news regarding: Airlines, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Interviews, Videos, STR, Thailand, Bangkok, Samui, Lanta, Phuket, Hua Hin


Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also s
tay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Chef Wan, Chef Amporn and Chef Tammasak to Perform at Organic Gourmet Festival in Chiang Mai Golf: Hyatt Open 2014 in Hua Hin (Thailand) Raises Over 1.1 Million Baht This exclusive HD video interview with Mr. Vincent Hoogewijs, Regional Vice President and General Manager of the Four Seasons Hotel Bangkok, took place on 2 May 2014
Organic Gourmet Festival Hyatt Open 2014 Four Seasons Bangkok
Making a Difference: Hansar Hotels and Resorts' CSR Initiatives - Interview with CEO HD video tour of a Sea View and a Sea View XL Room at the luxurious Hansar Samui in Thailand ATR Demonstrates 72-600 Flight Simulator During Singapore Airshow 2014
Hotel CSR Hansar Samui ATR Simulator
Anantara Bangkok Riverside - Exclusive HD Video Interview with GM, Nikolaus Priesnitz GECAS to Lease 10 New Boeing Aircraft to Myanma Airways An exclusive HD video interview about the elegant Airbus A350 XWB with David Velupillai, Marketing Director for Airbus Corporate Jets at Singapore Airshow 2014
Anantara Riverside Myanma Airways Airbus A350
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Contact Details | Privacy | About Us | ASIA Travel Tips.com © Copyright 1997 - 2014 - ASIA Travel Tips.com - All rights reserved