Thai hotels enjoy a better July

Thailand achieved double-digit increases in revenue  per available room, last July, while reporting healthy gains in another two key performance metrics according to the latest STR Global report. Thailand and French Polynesia both enjoyed double increases in RevPAR in the report that covers hotels in 15 Asia Pacific nations. Thailand also registered its best July performance in occupancy since 2006 at 67.8%, beating its July 2006 performance of 67.1%. However, its average daily rate of Bt3,062 for last July was still below the July 2008 peak of Bt3,315. “We have seen demand for hotel accommodation across the country increasing for seven months this year (+10.3%) resulting from an increase in international visitors, especially from China, as reported by the Tourism Authority of Thailand,” said STR Global managing director, Elizabeth Randall Winkle. STR also reported highlights from other key markets, which saw Hanoi in Vietnam register the largest increase across the region in occupancy,  up by 23.7% to 64.8%, while Jakarta in Indonesia and Kuala Lumpur in Malaysia reported the largest decrease, down by 10.3% to 73.1% and 10% to 78.4% respectively. Despite Jakarta reporting the largest decrease in occupancy, the city registered the highest ADR increase across the region in July, up by 21.6% to IDR954,878.37 followed by Taipei in Taiwan (+18.6% to TWD5,554.87) and Phuket, Thailand (+16.9% to Bt3,155.18). Three markets reported improvements in RevPAR metric of more than 15%. They were Phuket with an increase of 26.2% to Bt2,309.32 followed by Hanoi up 25% to VND1,432,239.53 and Tokyo up 19.9% to JPY11,375.45. Two main cities in India, Delhi and Mumbai, struggled with RevPAR. Delhi registered the largest decrease in RevPAR metric across the region, down by 14.4% to INR3,383.47. In the Asia Pacific region another 375,917 rooms are under construction with China leading with 136,424 rooms, followed by India (27,908 rooms), Indonesia (11,081 rooms), Thailand (8,361 rooms) and Vietnam (7,102 rooms). From ttrweekly