Rates on the rise in ASEAN

Mimi Hudoyo (2010-01-26)

HOTELS in major ASEAN cities are poised for an occupancy boost, reversing declines last year and making average room rate increases in some areas a certainty this year.

Horwath HTL research – presented at Sunday's ASEAN Hotel & Restaurant Association (AHRA) meeting – showed occupancies rising for all major cities.

But while price increases were tipped for Manila, Kuala Lumpur, Jakarta and Bali, they were expected to fall in Hanoi, Bangkok and Phuket. Prices in Singapore were expected to remain flat.

- Full report in TTG Asia