ADRs throughout Thailand have risen dramatically

South East Asian destinations experienced a significant rise in hotel room rates from June to August, a recent report has revealed.

The HotelsCombined’s year-over-year price index showed rates in Thailand, Malaysia and the Philippines all rose by a healthy 14 percent over the three months.

The highest increases for the region were in Thailand’s Phuket and Chiang Mai, with prices soaring 37 percent and 33 percent respectively, followed by Pattaya and Koh Samui, which experienced increases of 27 percent and 25 percent.

According to HotelsCombined, the rise in rates in Thailand can be attributed to increased development of hotels and resorts over the past 12 months.

Also experiencing high increases were Singapore (32 percent), Malaysia's Pangkor Island (33 percent) and Langkawi (26 percent), the Philippines' Boracay (25 percent) and Tagaytay (20 percent) and Hong Kong (20 percent).

Vietnam was one of the few countries in the region to post a decrease in prices with a slight decline of five percent in Hanoi and three percent in Ho Chi Minh City.

HotelsCombined head of international strategy, Hichame Assi, said overall the results coming out of Asia were impressive.

“We’re seeing enormous growth not only in regards to the number of hotels being developed in South East Asia, but also in the availability of boutique and luxury accommodation."