Hotel occupancy in the Asia Pacific region fell 3.6% to 62.1% in January, while average daily rates (ADR) slid 1.9% to US$125.75. This pushed revPAR down 5.4% from just over US$82 in January 2013 to US$78.03 last month. “There has not been a lot of positive news coming out of the region, and that is reflected in hotel performance in January,” Elizabeth Winkle, managing director of STR Global, admitted. “Thailand performance was varied in January, as the country reported declines in both occupancy (-13.8%) and revPAR (-3.9%), when measured in local currency. Bangkok reported steep performance declines while ADR and revPAR in Phuket were positive when measured in local currency,” she added. Across the region, only Bali reported a double-digit occupancy increase, rising 10.2% to 66.0%, but four markets experienced double-digit occupancy declines: Bangkok (-25.8% to 57.0%), Beijing (-13.8 to 54.7%), Hanoi (-10.7% to 60.8%) and Ho Chi Minh City (-10.0% to 65.0%). Get the full story at Travel Daily Asia