Price Index Shows Jump in Asia Room Rates

The latest Hotel Price Index, released April 6 from, showed Asia jumping 4 percent in prices paid per room, per night last year, when compared to 2009.

China's room rates are up 19 percent and additional increases in hotel rates can be seen across the region. Singapore is up 33 percent, Malaysia up 17 percent, Indonesia up 13 percent and South Korea up 10 percent.

Bali's room rates increased an impressive 35 percent, which may be attributable to the destination's featured spot in the movie Eat, Pray, Love. Rooms averaged almost $188 per night during 2010.


Suggested Articles:

Grand Bohemian Hotel Charlotte opened on August 5 in the heart of uptown Charlotte with 254 rooms, including 32 suites. Learn more here.

MSC Cruises will restart cruising in the Mediterranean for Schengen residents only with MSC Grandiosa and MSC Magnifica. Read more here.

Victor Betro, who started his Kempinski career at the Aqaba hotel in 2011, returns as general manager. Read more here.