Modest growth for Aus hotels in 2012

Modest growth for Aus hotels in 2012
By admin


Asia Pacific hotel occupancies remained virtually flat in 2012 with Australian hotels just ahead of the trend, according to new data from analyst firm STR Global.

Regional occupancy climbed just 0.5 percentage points over the year to 68.3% with Australian occupancy creeping up by 0.8 percentage points to 73.9%.

The average daily rate (ADR) at an Australian property rose 3.1% to $175.32 while RevPAR climbed 3.9% to $129.49. The figures are above the regional ADR increase of 0.9% to US$129.26 (AU$122.71) and 1.4% rise in RevPAR to US$88.25 (AU$83.78).

Bangkok and Tokyo saw the largest occupancy increases for the year, up 11% and 10.4% respectively.

Meanwhile, Ho Chi Minh City and Bali recorded the largest declines of 5.4% and 4.1%.

But New Zealand saw the largest decline in RevPAR across the region, down 8.5% on 2011 when it hosted the Rugby World Cup.

STR managing director Elizabeth Randall Winkle said the figures showed Asia Pacific growth has slowed in all three key performance indicators during 2012 compared with 2011.

"Looking at the underlying factors of supply and demand, demand has been outpacing supply increases over the past three years, and demand grew 3.5% during 2012," she said.

But she stressed that regional RevPAR of US$88.25 (AU$83.78) is "just short" of the 2008 figure of US$89.71 (AU$85.18), which was the highest RevPAR achieved over the last 14 years.

 

Latest News

  • Cruise

P&O rescues Rotary volunteers after collapse of Air Vanuatu

P&O Cruises Australia has answered a plea for help from a group of young Australian Rotary volunteers, stranded in Vanuatu following the collapse of Air Vanuatu. The students, many of them teenagers from Albury, NSW, were volunteering for a youth project run by the Hive Rotary Club Australia when the airline abruptly cancelled all flights, […]

  • Destinations

Intrepid continues expansions with launch of first DMC in Jordan

Intrepid has increased its presence in the Middle East with the opening of its first destination management company in Jordan. Based in Amman, the local team will operate Intrepid’s range of nine experiential small group tours in Jordan from this summer, with a view to expanding the range for 2025 and beyond. Zina Bencheikh, managing […]

  • Appointments

Minor hotels appoints Puneet Dhawan to key Asia role

Global hotel owner and operator Minor Hotels has appointed Puneet Dhawan as head of Asia as the group plots its growth in Asia and India. From July, Dhawan will be responsible for the performance of all Minor Hotels properties in Asia, working in close collaboration with the Minor Hotels senior leadership team and will report […]

  • Appointments

Abercrombie & Kent and Crystal appoint Evon Ler to director of sales, Asia

Abercrombie & Kent Travel Group have announced that Evon Ler will join them in the new role of director of sales, Asia. She will work closely with Tony Archbold (VP, Sales, APAC, Crystal) and Susan Haberle (VP, Sales & Partnerships, APAC, A&K) with trade support across the region. Ler comes to the A&K family with more […]