STR: Asia Pacific hotel performance for October 2019

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  • Phuketroom rates down due to supply growth, appreciation of the Baht
  • Tokyoperformance boosted by Rugby World Cup

Hotels in the Asia Pacific region reported negative results in the three key performance metrics during October 2019, according to data from STR.

U.S. dollar constant currency, October 2019 vs. October 2018

Asia Pacific

  • Occupancy: -0.9% to 71%
  • Average daily rate (ADR): -2.4% to US$100.25
  • Revenue per available room (RevPAR): -3.4% to US$71.16

Local currency, October 2019 vs. October 2018

Phuket, Thailand

  • Occupancy: +5.5% to 65.6%
  • Average daily rate (ADR): -5.5% to THB2,813.53
  • Revenue per available room (RevPAR): -0.3% to THB1,846.25

STR analysts note that group demand (+40.3%) drove the lift i

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