Bali Average Room Rates Grow 10% In 2011
Category: Hotels, Posted:24 Feb 2012 | 06:00 am
According to data compiled by the Bali Hotel Association marketwide room rates rose 10.3% last year compared to 2010.
While occupancy only grew slightly due to a number of new hotel openings, the effect of rates on RevPAR saw the indicator push up by 11.2%.
In terms of geographic success stories on the island Kuta rules in occupancy while Ubud has the highest ADR's(average daily rates).
Rate and RevPAR growth were at their highest in the midscale and luxury segments.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]