Southeast Asia Hotel Revenue Performance Results: March 2025
- EDITOR
- Mar 31
- 1 min read
(Projections based on Q1 2025 trends, forward bookings, and regional developments)
1. Market Performance Overview
A. RevPAR (Revenue Per Available Room) Trends
Market | RevPAR vs. 2024 | Key Drivers |
Singapore | +12–15% | MICE demand, Formula 1 prep |
Bangkok | +8–10% | Songkran festival (April) early bookings |
Bali | +18–22% | Chinese/Indian holiday surge |
Ho Chi Minh | +5–7% | Corporate travel rebound |
Kuala Lumpur | +6–9% | New convention center events |
Luxury/Resorts outperformed cities (+20–25% in Maldives, Phuket).
Midscale/Budget lagged (+3–5%) due to competition from Airbnb.
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