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

In year-over-year measurements, the Asia/Pacific region’s occupancy dropped 10.8 percent to 56.2 percent; average daily rate declined 16.3 percent to US$111.85; and revenue per available room fell 25.3 percent to US$62.88.

“The recent tragic events in Jakarta unfortunately will impact hotel performance in Indonesia, which year-to-June was one of only two countries we track on the Asia Pacific Hotel Review to report positive RevPAR results (+8.1 percent) when reported in local currency”, said James Chappell, managing director of STR Global. “Bali and Jakarta were the only two markets to report RevPAR increases in the month of June and for the year-to-date in local currency”.

Among the key markets, Melbourne, Australia, ended the month virtually flat in occupancy with a 0.7-percent decrease to 70.5 percent. Sydney, Australia (-1.3 percent to 70.3 percent) and Brisbane, Australia (-1.0 percent to 78.2) also experienced minimal occupancy decreases. Four markets reported occupancy decreases of more than 20 percent: Bangkok, Thailand (-31.6 percent to 46.3 percent); Hong Kong, China (-24.8 percent to 59.7 percent); Phuket, Thailand (-24.8 percent to 36.4 percent); and Osaka, Japan (-21.5 percent to 58.5 percent).

Tokyo, Japan, experienced the largest ADR increase, jumping 7.4 percent to US$210.75. Bali, Indonesia (+5.9 percent to US$119.34) and Osaka (+1.1 percent to US$106.40) were the only other markets to report ADR increases. Two markets experienced ADR decreases of more than 30 percent: Mumbai, India (-33.8 percent to US$173.57) and New Delhi, India (-31.9 percent to US$155.16).

Tokyo posted the smallest RevPAR decrease for the month, down 3.1 percent to US$137.33. Jakarta (-9.4 percent to US$46.99) and Bali (-6.4 percent to US$83.10) also reported single-digit RevPAR decreases. Four markets experienced RevPAR decreases of more than 35 percent: New Delhi (-41.5 percent to US$80.31); Bangkok (-41.3 percent to US$41.64); Mumbai (-39.3 percent to US$95.12); and Hong Kong (-36.2 percent to US$88.91).

Performance of key countries in June (all monetary units in local currency):
Country

OCC

% change

ADR

% change

RevPAR

% change
Australia

66.8%

-2.7%

AUD158.56

-3.8%

AUD105.94

-6.4%
China

49.7%

-10.8%

CNY657.14

-19.4%

CNY326.74

-28.1%
India

52.3%

-6.4%

INR6047.07

-24.9%

INR3163.59

-29.7%
Japan

62.8%

-12.8%

JPY12577.85

-7.7%

JPY7905.17

-19.5%
Singapore

72.9%

-5.3%

SGD229.07

-26.3%

SGD166.97

-30.2%

About STR Global 

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the

hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, segmentation data, forecasts, annual profitability, pipeline and census information. Hotel operators can join the surveys on a complimentary basis and benefit from free industry data. STR Global is part of the STR family of companies and is proudly associated with STR, STR Analytics and Hotel News Now. For more information, please visit www.strglobal.com.

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