Hotels in the Asia Pacific region reported negative results in the three key performance metrics during October 2019, according to data from STR.
![STR: Asia Pacific hotel performance for October 2019](https://b508955.smushcdn.com/508955/wp-content/uploads/sites/6/2019/11/STR-1.jpg?lossy=2&strip=1&webp=1)
U.S. dollar constant currency, October 2019 vs. October 2018
Asia Pacific
- Occupancy: -0.9% to 71%
- Average daily rate (ADR): -2.4% to US$100.25
- Revenue per available room (RevPAR): -3.4% to US$71.16
Local currency, October 2019 vs. October 2018
Phuket, Thailand
- Occupancy: +5.5% to 65.6%
- Average daily rate (ADR): -5.5% to THB2,813.53
- Revenue per available room (RevPAR): -0.3% to THB1,846.25
STR analysts note that group demand (+40.3%) drove the lift in occupancy, while demand in the transient segment fell 1.8%. Hoteliers may have lowered rates due to the appreciation of the Baht and a more competitive marketplace with a 3.1% rise in room inventory from last October.
Tokyo
- Occupancy: -2.8% to 87.9%
- Average daily rate (ADR): +19.5% to JPY23,663.64
- Revenue per available room (RevPAR): +16.2% to JPY20,808.51
The decline in occupancy was due to a surge in new supply (+6.9%) outpacing demand (+4.0%). However, STR analysts note that performance was boosted by the Rugby World Cup 2019 (20 September through 2 November). Tokyo saw a double-digit increase in ADR (+46.7%) and a subsequent jump in RevPAR (+44.3%) during the knockout stage of the event (19 October through 2 November).