While Thailand and the Maldives remain popular destinations, hotels in Dubai and Japan have been struck by geopolitical conflicts, prompting softer performance in the second quarter, according to Centara Hotels and Resorts.
The company reported a second-quarter dip in revenue per available room (RevPar) of 10% year-on-year, down to 3,328 baht, mainly attributed to war in the Middle East.
Centara Mirage Beach Resort Dubai posted a 61% RevPar reduction to 2,385 baht, and the average occupancy rate decreased from 83% to 44% as a result of the conflict that started in February.
The company said the hotel remained open throughout the period and did not have any physical damage, supported by staycation demand during holidays.
Centara's Japanese hotels recorded a 46% year-on-year reduction of RevPar to 4,185 baht, with the occupancy rate falling from 86% to 63% in the second quarter.
