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Hotel Room Rentals Phuket – Hotel Market View Q2 2013

By on Oct 08, 2013 in Hotel-Tourism, Research

Phuket Hotel Rental Performance During the Low Season was Cushioned by Asian Tourists.

Quarterly Highlights

  • Occupancy of upscale hotel room rentals during the low season in Phuket was relatively stable at around 60% compared to the same period last year.
  • The Average Daily Rate (ADR) of hotels of all grades decreased slightly from the same period last year.
  • Revenue per Available Room (RevPAR) in Phuket has decreased Y-o-Y largely due to the decrease in the ADR.
  • Total supply is expected to increase by 29% by the end of 2016.

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