Monthly Archives: February 2013

According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics in January 2013 when reported in U.S. dollars. In January 2013, the Asia Pacific region's occupancy ended the month with a 7.7% increase to 65.2%, ADR decreased 6.3% to US$130.39 and RevPAR was.
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InterContinental Hotels Group (IHG) achieved a strong 10% rise in profits last year. The company generated a full-year operating profit of US$614 million in 2012, up from US$559m in 2011. The company’s revenue per available room (revPAR) increased 5.2% year-on-year, driven by a 3.2% rise in average daily rates (ADR). But perhaps surprisingly, IHG’s main growth market.
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Hilton Worldwide announced the opening of its first DoubleTree by Hilton property in Phuket, Thailand. The 250-room DoubleTree Resort by Hilton - Surin Beach is located on the west coast of the island on Surin Beach, which is approximately 24 kilometers from Phuket International Airport. "Hilton Worldwide has been in Thailand since 1983 and we.
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