Hotels in the Asia/Pacific region reported double-digit decreases when reported in US dollars for all three key performance metrics for January 2009, according to data compiled by STR Global.

The Asia/Pacific region’s occupancy dropped 18.3 percent to 54.3 percent; ADR declined 12.2 percent to US$125.31; and RevPAR fell 28.3 percent to US$68.09.

Highlights from key individual markets in the Asia/Pacific region include (percentages are January 2009 vs. January 2008, data in US dollars):

  • Three key markets posted increases in ADR and RevPAR: Tokyo rose 25.9 percent to US$238.91 in ADR and 12.4 percent to US$144.19 in RevPAR; Bali rose 28.0 percent to US$142.65 in ADR and 17.5 percent to US$105.87 in RevPAR; and Osaka, Japan, reported a 16.4-percent increase in ADR and an 11.6-percent rise in RevPAR.
  • Seoul, South Korea, reported an increase in occupancy, rising 5.2 percent to 73.6 percent.
  • Four markets reported decreases in occupancy of less than 5 percent. Those markets include: Brisbane, Australia
  • (-3.9 percent); Osaka, Japan (-4.1 percent); Sydney, Australia (-4.2 percent); and Melbourne, Australia (-4.3 percent).
  • Three markets posted large decreases in ADR for the month: Seoul (-33.4 percent); New Dehli, India (-34.2 percent); and Mumbai, India (-37.7 percent).

Performances of key countries in January (all monetary units in local currency):

Country Occupancy % change ADR % change RevPAR % change
Australia 70.8% -2.3% AUD175.96 +0.4% AUD124.56 -1.8%
China 42.5% -29.2% CNY767.19 -10.7% CNY326.05 -36.7%
India 57.0% -23.2% INR8401.83 -16.2% INR4791.15 -35.7%
Japan 60.9% -7.2%% JPY13709.44 -2.1% JPY8343.62 -9.1%
Singapore 63.0% -21.1% SGD259.81 -11.3% SGD163.65 -30.1%

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Konstanze Auernheimer (STR Global)
Director of Marketing
+44 (0)207 922 1961
STR Global