OCCUPANCY, average daily rate (ADR) and RevPAR for hotels in Asia-Pacific fell in March, although South-east Asia boasted positive growth.
Hotel occupancy dropped one per cent year-on-year to 70 per cent, while ADR slid 0.8 per cent to US$129.40 and RevPAR tumbled 1.9 per cent to US$90.60, according to statistics from STR Global.
Unsurprisingly, figures from 1Q2013 echoed similar negativity – occupancy was down 0.9 per cent to 65.8 per cent, ADR fell 1.6 per cent to US$131.60 and RevPAR decreased 2.5 per cent to US$86.60.
However, South-east Asia and Taiwan were the bright spots in the region.
Elizabeth Winkle, managing director, STR Global, said: “In US dollar terms, the region overall started off the year slow. However, South-east Asia, Australia and Oceania posted positive RevPAR growth during the first quarter.”
“Coinciding with the Easter vacation, South-east Asia reported an almost six per cent increase in ADR, signifying its continued popularity as a leisure destination for many Europeans,” she said.
In US dollars, Taipei and Phuket displayed the largest ADR increases in March, with 25.7 per cent and 13 per cent respectively. Bangkok (27.3 per cent), Phuket (23.8 per cent) and Taipei (19.3) also had RevPAR growth of over 15 per cent.
In terms of local currency, Bangkok reported the largest occupancy increase year-on-year, growing 13.6 per cent to 80.9 per cent, followed by Hanoi, which rose 10.7 percentage points to 78.1 per cent.
Of the three markets that saw ADR rise by more than 15 per cent, Jakarta and Bali posted 18.9 per cent and 18.2 per cent growth respectively. The third was Taipei, expanding 30.3 per cent.
Bangkok (21.5 per cent), Phuket (18.2 per cent) and Jakarta (17.8 per cent) were three of the four markets that secured RevPAR increases of over 15 per cent, with the last being Taipei (23.6 per cent).
