Leading hotel group Choice Hotels Asia-Pac has reported a successful recovery for the region in 2022. Despite two years of challenges posed by the global pandemic, Choice Hotels Asia-Pac has delivered impressive RevPAR growth across its Asia-Pac hotel portfolio for the financial year ending December 2022.
Choice Hotels Asia- Pac CEO Trent Fraser said: “Choice Hotels Asia-Pac’s results throughout the year have achieved growth in revenue per available room (RevPAR) and average daily rates (ADR) each quarter when compared to 2019 pre-pandemic figures.”
Australian figures for revenue per available room (RevPAR) in 2022 were 31 percent higher than full year 2019, with average daily rates (ADR) up 10 percent on 2019. Australian revenue managed hotels 2022 RevPAR were up 40 percent and ADR was up 10 percent on 2019 figures.
New Zealand has been slower to bounce back, with international border restrictions extended through until July 2022. New Zealand RevPAR in 2022 recovered, up 7 percent on 2019, with ADR for the year up 10 percent.
“Revenue management services continued to benefit in New Zealand’s tight market, with hotels using the service seeing RevPAR increases of 11 percent and ADR increases of 7 percent over 2019 numbers,” said Mr Fraser.
“The rebound in 2022 has been exciting for Choice Hotels Asia-Pac, with the end of lockdowns signalling a return to normal and a thirst for travel among domestic and international guests,” said Mr Fraser.
“2023 will have its own economic challenges, which I feel confident our Asia-Pac hotels are well prepared to meet. We saw 19 new properties join the group in 2022, with many coming online over the end of year holiday period in Thailand, New Zealand, Australia, India, and Japan. There are many more in the pipeline for 2023 ready to reap the benefits of being part of the Choice Hotels Asia-Pac family.”
Direct online bookings boomed in 2022, with EOFY room nights through ChoiceHotels.com and the Choice Hotels App were up 61 percent on 2021 and 88 percent on 2019 respectively. The Choice Privileges loyalty program reached over half a million members across Australia and New Zealand, joining and global membership of 66 million, and helping to drive repeat business for hotels and benefits for members.
Corporate bookings for the group have grown, with global distribution system (GDS) room nights up 42 percent compared to 2021.
“Over 2020 and 2021 we doubled down on our marketing campaigns, promoting our brands and preparing for the inevitable return to travel. We see continued strong interest and attractiveness in travelling at home, and expect that to continue in 2023,” Mr Fraser said.
“Choice Hotels Asia-Pac’s investment in revenue management and marketing technologies have contributed to the results we’re delivering to our hotels and help our properties remain front of mind for corporate and leisure travellers in the Asia-Pacific region,” he said.
New properties in 2022 were:
Quality Apartments Castle Hill, Australia
Quality Hotel Canterbury International, Australia
Comfort Hotel Melbourne Central, Australia
Quality Apartments Melbourne Central, Australia
Comfort Inn Whyalla, Australia
Econo Lodge Rivervale, Australia
Econo Lodge East Adelaide, Australia
Quality Inn Acapulco Taupo, New Zealand
Quality Resort & Spa Patong Beach, Thailand
Clarion Patong Beach, Thailand
Comfort Hotel Yokkaichi, Japan
Comfort Hotel Takamatsu, Japan
Quality Inn Bez Krishnaa, India
Quality Inn Mcleodganj, India
Clarion Bangalore, India
Comfort Inn Udaipur, India
Comfort Resort Morbi Beach, India
Quality Inn Rockwell Grand, India
Comfort Hotel Amristar, India
