Hotels in the Asia Pacific region experienced mixed results during the first six months of 2014 when reported in U.S. dollars, according to data compiled by STR Global.
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The region’s occupancy for February rose 8.1 percent to 67.1 percent; its average daily rate dropped 4.6 percent to US$125.03; and its revenue per available room increased 3.1 percent to US$83.88.
Accor is to open 47 Pullman hotels in Asia by 2018. The upscale brand s new properties will include 38 in China, three in India and two in Indonesia. Pullman currently has 45 hotels in its Asia Pacific portfolio.
The Asia Pacific hotel development pipeline comprises 2,049 hotels totaling 453,790 rooms, according to the February STR Global Construction Pipeline Report.
The region’s occupancy for January fell 3.6 percent to 62.1 percent; its average daily rate dropped 1.9 percent to US$125.75; and its revenue per available room decreased 5.4 percent to US$78.03.
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The region’s occupancy ended the month with a 3.1-percent increase to 72.5 percent; its average daily rate dropped 3.7 percent to US$126.51; and its revenue per available room was down 0.7 percent to US$91.69.
Accor has released the results of the inaugural Accor Hotels Asia Pacific Social Media Monitor, highlighting interesting differences in the social media habits of travellers from across Asia Pacific.
Hotel investment volumes in Asia more than doubled in the first nine months of this year as robust tourism markets across the region helped boost sentiment among investors.
Marriott International has announced the promotion of Bart Buiring to the position of senior vice-president – Lodging Services and Operations, Marriott International in Asia-Pacific.
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10,000 jobs per year created as region’s largest hotelier expands network amidst industry staff shortages.
Hotels in the Asia Pacific region experienced a downturn revPAR (revenue per available room) in the first half of 2013.
Four Points by Sheraton has unveiled its global pipeline of hotels that sets the stage for a milestone 200th opening in 2014. The brand reached its 175th hotel in 2013.
GCP Hospitality, Hong Kong-based operators of lifestyle brand Hotels G, announced Thursday it is adding two more properties to its portfolio in 2013, and another four in the next two years.
Franz Zeller has been appointed Senior Vice President, Asia at Millennium Hotels & Resorts in New York - NY, USA.
In March, the Asia/Pacific region’s occupancy ended the month with a 1.0-percent decrease to 70.0 percent, its average daily rate dropped 0.8 percent to US$129.44 and its revenue per available room was down 1.9 percent to US$90.60.
In 2012, the Asia/Pacific region’s occupancy ended the year virtually flat with a 0.5-percent increase to 68.3 percent, its average daily rate increased 0.9 percent to US$129.26 and its revenue per available room was up 1.4 percent to US$88.25.
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