Home / Travel / Tourism/ Asia Pacific hotels report August 2017 increase in ADR, OR and RevPAR

Asia Pacific hotels report August 2017 increase in ADR, OR and RevPAR

Comments / {{hitsCtrl.values.hits}} Views / Friday, 6 October 2017 00:00

According to data compiled by STR, hotels in the Asia Pacific region reported positive results in the three key performance metrics during August 2017.

In US dollar constant currency, August 2017 vs. August 2016, hotels in Asia Pacific reported an increase in Occupancy of 3.3% to 75.3%, ADR was up 2.3% to $ 99.98 and RevPAR jumped 5.7% to $ 75.33.

In local currency, Occupancy in Maldives fell -2.6% to 64.7%, ADR was up 9.9% to MVR 7,898.31 and RevPAR increased 7.0% to MVR 5,110.69.

A 3.0% year-on-year increase in supply outpaced relatively flat demand (+0.3%) in the country, but rate growth drove hotel performance for the month. Maldives currently has 19 hotel projects accounting for 2,610 rooms in the pipeline, representing 20.0% of the country’s existing supply.

Occupancy in Singapore rose 1.8% to 85.8%, ADR was down -2.6% to SGD 273.20 and RevPAR dipped -0.8% to SGD 234.28.

According to the Singapore Tourism Board, the country welcomed 8.54 million tourist visitors in the first half of 2017, a 4.5% increase from H1 2016. Despite a 3.3% increase in demand driving occupancy levels in August, ADR declined for the 18th consecutive month.

In Thailand, Occupancy was up 2.3% to 80.9%, ADR rose 3.5% to THB 3,440.35 and RevPAR jumped 5.9% to THB 2,782.71.

The absolute occupancy level was the highest for any August on record in the country. According to Thailand’s Ministry of Tourism and Sports, the country welcomed a record 3.13 million tourists in August, which falls in the market’s typical low tourism season. STR analysts note that a stronger Thai baht has yet to deter international visitors, and demand growth (+5.3%) outpaced supply growth (+2.9%) for the month. Thailand currently has 100 hotel projects in the pipeline, accounting for 21,615 rooms, which represents 11% of the country’s existing hotel supply.

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

The no-confidence motion against Ranil will create further chaos

Friday, 23 March 2018

The Mahinda Rajapaksa-backed Joint Opposition yesterday submitted a no-confidence motion against Prime Minister Ranil Wickremesinghe

Making green cars greener: $15 b opportunity not to be missed

Friday, 23 March 2018

Fortunately for me,W.A. Wijewardena wrote an article on Dhammika Perera’s presentation at the Colombo School of Business and Management

Women’s bodies, masculinities and economic insecurities

Thursday, 22 March 2018

Cat’s Eye was deeply saddened to witness another wave of anti-Muslim violence, yet again, under a Government which promised to protect them from such violence. It was reported that the first round of violence in Ampara was sparked by a claim that

Strong brands can sustain shocks!

Thursday, 22 March 2018

The recent media highlighted the impact of communal violence on the tourism industry. The press conference earlier this week threw out a number as high as 10% whilst the actual cancellation was around 500 room nights around the Kandy vicinity was rep

Columnists More