According to data compiled by STR Global, hotels
in the Asia Pacific region experienced mixed results in the three
key performance metrics during August 2013 when compared with
August 2012 and reported in U.S. dollars.
The region’s occupancy ended the month with a
3.0% increase to 71.8%, ADR dropped 5.3% to US$119.88, and RevPAR
was down 2.5% to US$86.09.
“Occupancy was up for all sub regions in Asia
Pacific during August while ADR is down for all except for
Southeastern Asia when measured in USD terms,” said Elizabeth
Winkle, managing director of STR Global. “Southeastern Asia
continues to be the only sub region to report positive results.
Performance in markets in Malaysia and Indonesia was stronger in
August due to the shift of Ramadan from July in 2012 to August in
2013. Jakarta and Kuala Lumpur reported double-digit occupancy and
RevPAR increases for the month, when measured in USD.”
Highlights from key market performers for August 2013 in local
currency (year-on-year comparisons):
• Kuala Lumpur,
Malaysia, reported the largest occupancy increase, rising 17.1% to
78.8%. Ho Chi Minh, Vietnam, followed with a 15.0% increase
• Manila, Philippines, fell 4.1% in occupancy to
62.3%, posting the largest decrease in that metric.
markets experienced double-digit ADR increases: Jakarta, Indonesia
(+19.0% to IDR1,092,154.58); Kuala Lumpur (+13.0% to MYR391.10);
and Osaka, Japan (+11.0% to JPY12,145.94).
• Ho Chi Minh
fell 6.3% in ADR to VND2,491,250.62, reporting the largest
decrease in that metric.
• Four markets achieved RevPAR
increases of more than 15%: Jakarta (+34.6% to IDR640,472.30);
Kuala Lumpur (+32.3% to MYR308.20); Bangkok, Thailand (+23.4% to
THB2,518.45); and Melbourne, Australia (+15.9% to AUD154.48).
Seoul, South Korea, fell 7.7% in RevPAR to KRW162,929.03, posting
the largest decrease in that metric.
Highlights from key
market performers for August in U.S. dollars (year-over-year
• Kuala Lumpur rose 7.2% in ADR to US$118.64,
reporting the largest increase in that metric. Bangkok followed
with a 6.5% increase to US$97.24.
• Mumbai, India (-21.3% to
US$102.49), and Delhi-NCR, India (-19.4% to US$88.84), experienced
the largest ADR decreases in August.
• Three markets achieved
double-digit RevPAR increases: Kuala Lumpur (+25.6% to US$93.49);
Bangkok (+20.8% to US$78.25); and Jakarta (+17.7% to US$58.48).
• Delhi-NCR fell 17.9% in RevPAR to US$44.84, reporting the
largest decrease in that metric.
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