The Asia/Pacific hotels" results for May 2010

STR · · 2010-06-29 09:31:37

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  【迈点网】Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for May ...

  【迈点网】Hotels in the Asia/Pacific region experienced increases in all three key performance metrics for May 2010 when reported in U.S. dollars, according to data compiled by STR Global.

  In year-over-year measurements, the Asia/Pacific region’s occupancy rose 15.3 percent to 63.1 percent, average daily rate increased 8.6 percent to US$125.52, and revenue per available room jumped 25.2 percent to US$79.24.

  Highlights from key market performers for May 2010: (year-over-year comparisons, all currency in U.S. dollars)

  • Shanghai, China, experienced the largest occupancy increase, rising 55.0 percent to 71.7 percent, followed by Beijing, China (+34.4 percent to 65.3 percent); Hong Kong, China (+28.7 percent to 78.3 percent); and Osaka, Japan (+27.8 percent to 77.3 percent).

  • Bangkok, Thailand, posted the only occupancy decrease, falling 38.4 percent to 26.2 percent.

  • Shanghai reported the largest ADR increase, up 29.3 percent to US$142.52.

  • Four markets reported ADR decreases: Bangkok (-11.9 percent to US$76.77); New Delhi, India (-7.7 percent to US$148.37); Osaka (-5.9 percent to US$119.95); and Mumbai, India (-4.4 percent to US$171.84).

  • Shanghai’s RevPAR soared 100.5 percent to US$102.18, reporting the largest increase in that metric. Three other markets posted RevPAR increases of more than 40 percent: Hong Kong (+51.9 percent to US$145.58); Beijing (+45.4 percent to US$62.74); and Kuala Lumpur, Malaysia (+40.4 percent to US$71.65).

  • Bangkok reported the only RevPAR decrease, falling 45.8 percent to US$20.10.

Performances of key countries in May 2010 (all monetary units in local currency)

  *percentages are increases/decreases for May 2010 vs. May 2009

  Relative Reading:

       The Asia/Pacific hotel pipeline for May 2010

       The Asia/Pacific hotels" results for April 2010

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