Thailand reported the highest RevPAR growth in the region and the highest RevPAR for any November on record in the country.
LONDON – Hotels in the Asia Pacific region reported positive year-over-year results in the three key performance metrics during November 2017, according to data from STR.
U.S. dollar constant currency, November 2017 vs. November 2016
Asia Pacific
- Occupancy: +3.9% to 74.6%
- Average daily rate (ADR): +2.8% to US$103.05
- Revenue per available room (RevPAR): +6.8% to US$76.87
Local currency, November 2017 vs. November 2016
Thailand reported the highest RevPAR growth in the region (+16.6%). The absolute RevPAR level (THB2,973.29) was the highest RevPAR for any November on record in the country.
Indonesia was affected by the eruption of Mount Agung, resulting in a 2.2% decline in RevPAR. Occupancy in Bali fell 7.4%, which caused RevPAR to decline 8.3% for the month.
Angelos is the news editor for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). His role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. He currently studies Communication, Media & Culture in Panteion University of Political & Social Studies of Athens.
