According to data compiled by STR Global, hotels
in the Asia Pacific region experienced mixed results in the three
key performance metrics in January 2013 when reported in U.S.
In January 2013, the Asia Pacific region's
occupancy ended the month with a 7.7% increase to 65.2%, ADR
decreased 6.3% to US$130.39 and RevPAR was up 1.0% to US$85.00.
"Despite having a 6.3% ADR decline in U.S.
dollars for January 2013, the occupancy increase of 7.7% for the
month helped the region achieve a positive RevPAR growth of 1% in
US$," said Elizabeth Randall Winkle, managing director of STR Global. "For Central and South Asia, India is driving down the ADR
with a drop of 9.3% US$ for the month of January. Northeast Asia,
which includes the regions of China and Japan, had their
year-on-year changes impacted by the Chinese New Year. In 2013,
the celebrations were held entirely in February, whereas in 2012
it was split between January and February. Overall, Northeast Asia
saw an ADR decline of 11.2% in US$."
Highlights from key
market performers for January in local currency (year-on-year
- Four markets experienced occupancy
increases of more than 20%: Ho Chi Minh City, Vietnam (+37.6% to
76.3%); Shanghai, China (+33.3% to 57.7%); Hanoi, Vietnam (+28.4%
to 68.0%); and Beijing, China (+23.5% to 63.5%).
Indonesia, posted the only double-digit occupancy decrease,
falling 19.5% to 61.3%.
- Taipei, Taiwan (+23.1% to
TWD5,961.48), and Jakarta, Indonesia (+21.8% to IDR1,026,606.50)
experienced the largest ADR increases for the month.
India, fell 11.4% in ADR to INR7,337.10, posting the largest
decrease in that metric.
- Three markets achieved RevPAR
increases of more than 30%: Shanghai (+37.1% to CNY345.54);
Beijing (+34.8% to CNY388.30); and Ho Chi Minh City (+34.7% to
Highlights from key market performers for
January in U.S. dollars (year-on-year comparisons):
Taipei achieved the largest ADR increase, rising 24.3% to
- Delhi (-16.6% to US$137.30) and Osaka, Japan
(-14.1% to US$111.94), posted the largest ADR decreases for the
- Three markets experienced RevPAR increases of more
than 35%: Shanghai (+37.4% to US$54.95); Ho Chi Minh City (+36.6%
to US$97.45); and Beijing (+35.1% to US$61.75).
- Delhi fell
19.6% in RevPAR to US$86.66, reporting the largest decrease in
In January, the Americas region reported a 3.3%
increase in occupancy to 51.3%, a 4.8% gain in ADR to US$109.21
and an 8.3% jump in RevPAR to US$56.04.
Among the key
markets in the region, New York, New York, reported the largest
occupancy increase, rising 11.4% to 73.8%. Buenos Aires, Argentina
(-12.2% to 52.7%), and Panama City, Panama (-12.2% to 50.3%)
posted the largest occupancy decreases for the month.
markets experienced double-digit ADR increases: Washington, D.C.
(+17.0% to US$151.75); Miami, Florida (+12.2% to US$211.11); and
San Juan, Puerto Rico (+11.2% to US$209.30).
achieved RevPAR increases of more than 15%: Washington, D.C.
(+25.8% to US$79.24); San Juan (+18.4% to US$158.09); Miami
(+17.5% to US$174.26); and New York (+16.3% to US$145.17).
Panama City reported the largest ADR (-9.4% to US$113.93) and
RevPAR (-20.5% to US$57.27) decreases for the month.
"In euros, Europe's first month of the new year posted
negative RevPAR results, being driven by a decline in ADR," said
Ms Randall Winkle.
"Western Europe was the only region in Europe to post positive
RevPAR growth, with an increase in occupancy of 1.4% and ADR of
0.3% in euros. Germany is one of the main contributors within
Western Europe to achieve positive results during the first month
of 2013, achieving a RevPAR growth of 7.2% in euros."
Highlights from key market performers for January 2013 include
(year-on-year comparisons, all currency in euros):
Bratislava, Slovakia (+20.9% to 42.8%), and Copenhagen, Denmark
(+10.2% to 51.0%), reported the largest occupancy increases for
Iceland, reported the largest ADR increase, rising 23.1% to
EUR68.88, followed by Tallinn, Estonia, with an 11.9% increase to
- Warsaw, Poland, reported the only double-digit ADR
decrease, falling 12.1% to EUR63.12.
- Three markets
experienced RevPAR increases of more than 15%: Reykjavik (+26.5%
to EUR30.31); Bratislava (+18.4% to EUR26.94); and Tallinn (+16.4%
The region reported an 8.2%
increase in occupancy to 59.8%, a 1.3% increase in ADR to
US$182.81 and a 9.6% increase in RevPAR to US$109.29.
entire region posted a 9.6% increase in RevPAR for the first month
of 2013 and was the best global performer in RevPAR% change,"
Ms. Randall Winkle said. "The
Middle East is growing in both occupancy and ADR. Whilst still recovering in occupancy, the ADR in the African nations is still
suffering as a result of continued political turmoil. Southern
Africa showed a growing ADR of 8.3% (local currency)."
Highlights among the region's key markets for January 2013 include
(year-on-year comparisons, all currency in U.S. dollars):
- Manama, Bahrain, reported the largest occupancy increase,
rising 40.0% to 56.6%, followed by Cairo, Egypt (+17.2% to 42.7%),
and Muscat, Oman (+14.9% to 67.9%).
- Amman, Jordan, fell 29.4%
in occupancy to 45.7%, posting the largest decrease in that
- Jeddah, Saudi Arabia, increased 14.0% in ADR to
US$241.24, achieving the largest increase in that metric.
Beirut, Lebanon, experienced the only double-digit ADR decrease,
falling 25.5% to US$157.26.
- Manama (+39.8% to US$120.39) and
Cairo (+14.5% to US$44.83) achieved the largest RevPAR increases
for the month.
- Beirut fell 34.7% in RevPAR to US$72.79,
reporting the largest decrease in that metric, followed by Amman
with a 22.5% decrease to US$72.60.
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