Phuket reported double-digit increases in occupancy and RevPAR. Occupancy rose by 10.4 points to 76.8 per cent and RevPAR increased by 26.6 per cent to B2,315.92. It was the largest increase in each sector for the entire region.
Other destinations that reported RevPAR increases of more than 20 per cent were Jakarta, up 24.7 per cent to IDR467,740, and Tokyo, up by 22.7 per cent to ¥11,784.54.
Despite these increases, the overall performance for Asia Pacific ended the month virtually flat with occupancy decreases of 0.1 of a point to 68.1 per cent, while average daily rate rose by 0.7 per cent to US$139.49 and RevPAR was up by 0.7 per cent to US$95.
“Average room rate growth across the region slowed down in recent months with a 2 per cent increase for the first eight months this year after a stronger performance last year”, said STR Global managing director, Elizabeth Winkle.
“Rates for YTD are within US$4, just below their YTD 2008 performance, reflecting strong market conditions across most of Asia/Pacific”.