Hotels in the Asia/Pacific region experienced mixed results in the three key performance metrics in February 2013 when reported in US dollars, according to data compiled by STR Global.
 
In February, the Asia/Pacific region's occupancy ended the month with an 8.1-percent decrease to 62.5 percent, its average daily rate increased 3.5 percent to US$135.50 and its revenue per available room was down 4.8 percent to US$84.76.

Highlights from key market performers for February in local currency (year-over-year comparisons):

• Bangkok, Thailand, rose 10.7 percent to 83.5 percent, reporting the largest occupancy increase.
• Beijing, China (-29.4 percent to 45.3 percent), and Shanghai, China (-29.0 percent to 43.3 percent), posted the largest occupancy decreases for the month.
• Four markets experienced double-digit ADR increases:  Jakarta, Indonesia (+20.6 percent to IDF1,083,227.38); Bali, Indonesia (+16.9 percent to IDF1,302,882.66); Phuket, Thailand (+13.6 percent to THB5,276.98); and Tokyo, Japan (+10.3 percent to JPY15,016.74).
• Ho Chi Minh City, Vietnam, fell 13.9 percent in ADR to VND2,520,607.40, reporting the largest decrease in that metric. Beijing followed with an 11.4-percent decrease in ADR to CNY527.62.
• Four markets achieved RevPAR increases of more than 15 percent: Phuket (+21.0 percent to THB4,756.75); Bali (+19.5 percent to UDR832,071.37); Osaka, Japan (+18.3 percent to JPY8,365.03); and Bangkok (+17.1 percent to THB2,733.03).
• Beijing (-37.4 percent to CNY238.85) and Shanghai (-34.6 percent to CNY251.15) reported the largest RevPAR decreases.

Highlights from key market performers for February in U.S. dollars (year-over-year comparisons):

• Phuket (+15.7 percent to US$176.67) reported the largest ADR increase in February, followed by Jakarta (+13.3 percent to US$111.46) and Manila, Philippines (+10.9 percent to US$136.80).
• Delhi-NCR, India, fell 18.3 percent in ADR to US$145.04, posting the largest decrease in that metric.
• Three markets experienced RevPAR increases of more than 10 percent: Phuket (+23.2 percent to US$159.25); Bangkok (+19.3 percent to US$91.50); and Bali (+12.2 percent to US$85.62).
• Beijing (-37.2 percent to US$37.97) and Shanghai (-34.5 percent to US$39.93) reported the largest RevPAR decreases for the month.

The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for February 2013, according to data compiled by STR Global.



Highlights from key market performers for February 2013 include (year-over-year comparisons, all currency in euros):

• Bratislava, Slovakia, rose 23.6 percent in occupancy to 45.1 percent, reporting the largest increase in that metric, followed by Tallinn, Estonia, with an 11.2-percent increase to 45.6 percent.
• Tel Aviv, Israel, reported the largest occupancy decrease, falling 14.7 percent to 59.1 percent.
• Istanbul, Turkey, ended the month with the only double-digit ADR increase, rising 14.8 percent to EUR127.34.
• Warsaw, Poland, fell 12.6 percent in ADR to EUR65.41, posting the largest decrease in that metric.
• Three markets achieved RevPAR increases of more than 15 percent: Bratislava (+23.6 percent to EUR29.22); Tallinn (+17.1 percent to EUR29.07); and Istanbul (+15.4 percent to EUR80.94).
• •Geneva fell 18.1 percent in RevPAR to EUR120.05, reporting the largest decrease in that metric.

The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during February 2013, according to data compiled by STR and STR Global.

In February, the Americas region reported a 1.9-percent increase in occupancy to 58.8 percent, a 3.9-percent gain in average daily rate to US$110.94 and a 5.8-percent jump in revenue per available room to US$65.28.

Among the key markets in the region, Boston, Massachusetts (+5.8 percent to 60.0 percent), and New York, New York (+5.8 percent to 76.3 percent), reported the largest occupancy increases for the month. Panama City, Panama, reported the only double-digit occupancy decrease, falling 16.3 percent to 54.7 percent.

Miami, Florida, rose 9.6 percent in ADR to US$220.95, achieving the largest increase in that metric. Santiago, Chile, followed with an 8.8-percent increase to US$168.95. Panama City posted the largest ADR decrease, falling 8.4 percent to US$119.62, followed by Buenos Aires, Argentina (-6.2 percent to US$142.89).

Two markets experienced double-digit RevPAR increases: Miami (+13.2 percent to US$190.66) and New York (+10.0 percent to US$149.43). Panama City (-23.3 percent to US$65.48) and Buenos Aires (-11.2 percent to US$84.26) reported the only double-digit RevPAR decreases for the month.



The Middle East/Africa region reported positive performance results in February 2013 when reported in U.S. dollars, according to data compiled by STR Global.

The region reported a 6.4-percent increase in occupancy to 66.4 percent, a 2.9-percent increase in average daily rate to US$176.55 and a 9.5-percent increase in revenue per available room to US$117.24.

Highlights among the region's key markets for February 2013 include (year-over-year comparisons, all currency in U.S. dollars):

• Three markets experienced double-digit occupancy increases: Abu Dhabi, United Arab Emirates (+18.3 percent to 76.4 percent); Muscat, Oman (+16.2 percent to 83.0 percent); and Cape Town, South Africa (+13.1 percent to 83.6 percent).
• Amman, Jordan, fell 31.9 percent in occupancy to 53.6 percent, posting the largest decrease in that metric.
• Jeddah, Saudi Arabia, increased 10.3 percent in ADR to US$227.49, reporting the only double-digit increase in that metric.
• Beirut, Lebanon, reported the largest ADR decrease, falling 19.8 percent to US$156.07.
• Four markets achieved double-digit RevPAR increases: Abu Dhabi (+24.2 percent to US$143.41); Muscat (+15.8 percent to US$205.47); Jeddah (+10.5 percent to US$179.95); and Dubai, United Arab Emirates (+10.4 percent to US$238.36).
• Amman (-25.8 percent to US$83.83) and Beirut (-25.6 percent to US$83.27) reported the largest RevPAR decreases for the month.

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