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73. Hotels in Asia Report Almost Flat Results for October 2016
Compared with October 2015, hotels in the Asia Pacific region reported a 0.5% increase in occupancy to 71.3%, a slight drop of 0.4% to US$103.77 in ADR, while RevPAR was mostly flat at +0.1% to US$74.02. Taiwan’s hotels have struggled since September 2015, and October 2016 was no exception with a 5.5% drop in occupancy to 66.5%. The market recorded relatively flat ADR (+0.2% to TWD
74. Hotels in Asia Pacific Report Q1 2017 Increase in OR and RevPAR
The Asia Pacific hotel industry reported mostly positive results in the three key performance metrics during the first quarter of 2017. In U.S. dollar constant currency, Q1 2017 vs. Q1 2016, occupancy in Asia Pacific grew by 3.3% to 68.3%, ADR decreased 0.3% to US$104.00 while RevPAR was up 3.0% to US$71.04.
75. Hotels in Asia Pacific Report May 2020 Decrease in ADR, OR and RevPAR
According to data from STR, the Asia Pacific hotel industry continued to report monthly lows in the three key performance metrics for May 2020. In U.S. dollar constant currency, May 2020 vs. May 2019, OR was down -47.3% to 35.8%, ADR decreased -40.2% to US$55.93 and RevPAR plummeted -68.5% to US$20.04.
76. STR Reports Global Hotel Performances for September 2012
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics for September 2012 when reported in U.S. dollars. In year-on-year measurements, the Asia Pacific region's occupancy fell 1.1% to 67.5%, its ADR rose 3.7% to US$140.44 and its RevPAR was up 2.5% to US$94.74.
77. Hotels in Asia Report January 2016 Increase in ADR, OR and RevPAR
Compared with January 2015, hotels in the Asia Pacific region reported a 3.5% increase in occupancy to 66.1%, ADR was up 0.4% to US$104.60 and RevPAR grew 4.0% to US$69.15. Bangkok, Thailand, posted increases across the three key performance metrics: occupancy (+4.5% to 80.6%), ADR (+3.1% to THB3,547.66) and RevPAR (+7.8% to THB2,858.54). Stable supply growth (+0.6%) coupled with r
78. Hotels in Asia Pacific Report April 2016 Increase in ADR, OR and RevPAR
Compared with April 2015, the Asia Pacific region reported a 2.0% increase in occupancy to 70.5%, ADR was up 1.5% to US$102.34 and RevPAR rose 3.6% to US$72.13. Hong Kong reported increases across the three key performance metrics: occupancy (+4.1% to 87.0%), ADR (+3.8% to HK$1,503.72) and RevPAR (+8.0 to HK$1,307.69).
79. Hotels in Asia Report Increase in ADR, OR and RevPAR
Compared to August 2014, hotels in the Asia Pacific region reported a 1.3% increase in occupancy to 72.7%, a 1.0% rise in ADR to US$109.21 and a 2.3% increase in RevPAR to US$79.41. Bangkok, Thailand, experienced double-digit growth in occupancy (+10.4% to 76.3%) and RevPAR (+16.0% to THB2,469.93). ADR in the market increased 5.1% to THB3,235.02. The positive results came even with
80. Koos Klein named Asia Pacific Hotelier of the Year 2007
Koos Klein named Asia Pacific Hotelier of the Year 2007. The ninth recipient to receive the prestigious award, Mr Koos Klein has spent an illustrious 16 years of his 27-year career in Asia Pacific. Since his appointment as President, Hilton Hotels - Asia Pacific in 1997, Mr Klein has spearheaded dynamic growth of the famous hotel brand, from 25 hotels to 60 today. He was responsibl

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