Wow. Singapore’s average daily room rate cracked S$300 in April while hotels there averaged 81.7% occupancy for the month, according to the latest stats from STR Global. Room rates also surged in Phuket, Jakarta and Tokyo, which has spectacularly rebounded from last year’s tsunami and is now running occupancy of more than 80%, as is Osaka. India and Vietnam went backwards. Popular flights from Singapore to Hong Kong have also boosted hotel occupancy in Hong Kong.

Highlights from key market performers in April 2012 in local currency (year-over-year comparisons):

  • Tokyo, Japan, reported the largest occupancy increase, rising 63.0 percent to 84.8 percent, followed by Osaka, Japan, with a 22.3-percent increase to 87.0 percent.
  • Ho Chi Minh City, Vietnam, fell 6.8 percent in occupancy to 64.5 percent, posting the largest decrease in that metric.
  • Tokyo rose 25.3 percent in ADR to JPY14,499.46, achieving the largest increase in that metric, followed by Jakarta, Indonesia (+21.8 percent to IDR932,278.05), and Phuket, Thailand (+18.3 percent to THB3,931.25).
  • New Delhi, India, fell 10.0 percent in ADR to INR7,117.90, ending the month with the only double-digit ADR decrease.
  • Six markets experienced RevPAR increases of more than 20 percent: Tokyo (+104.3 percent to JPY12,294.86); Phuket (+25.8 percent to THB3,112.21); Osaka (+24.5 percent to JPY9,532.78); Taipei, Taiwan (+23.8 percent to TWD4,554.61); Jakarta (+21.4 percent to IDR656,761.02); and Beijing, China (+20.4 percent to CNY561.91).
  • New Delhi (-12.8 percent to INR4,445.58) and Mumbai, India (-10.8 percent to INR4,976.59) reported the largest RevPAR decreases for the month.

Performances of key countries in April 2012 (all monetary units in local currency):

Country

Occupancy

% change

ADR

% change

RevPAR

% change

Australia

70.5%

-2.6%

AUD168.96

+1.6%

AUD119.12

-1.0%

China

63.8%

-0.2%

CNY837.02

+4.6%

CNY534.31

+4.4%

India

59.8%

-0.6%

INR5,994.47

-5.8%

INR3,585.66

-6.4%

Singapore

81.7%

+0.3%

SGD300.16

+9.1%

SGD245.18

+9.4%

*percentages are increases/decreases for April 2012 vs. April 2011

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