Occupancy rates in Asia up in July, performances vary

Occupancy rates at hotels in Asia Pacific rose 2.1 percent to 70.7 percent in July, at least when reported in US dollars.
Hospitality intelligence provider STR Global reported the rise last week, noting that average daily rates (ADR) increased 1.1 percent to $105.12 with a 3.2 percent increase in revenue per available room to $74.34. 
Amidst this regional increase, performance varied significantly among the various countries in the region. 
The performance in China was flat for the month, with occupancy rising just 0.1 percent and ADR actually down 1.7 percent to CNY522.27.
Singapore reported a 1.9 percent jump in occupancy to 87.4 percent but ADR dropped 3.1 percent to SGD279.59 and revenues per room decreased 1.3 percent. Singapore is facing increased competition for Thailand and losing Chinese travellers who are heading to Europe instead of Asia, STR Global reported. 
Meanwhile Thailand experienced the largest year-on-year increase in the region in occupancy, which jumped 30.5 percent to 76.5 percent with revenues per room going up 34.5 percent to THB2,494 and ADR rising 3.1 percent to THB3,261.
Hong Kong and Tokyo also dropped but the performance in Sydney improved somewhat.