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257. Gold Coast Hotels Record Triple-Digit Growth During Commonwealth Games
The Gold Coast’s hotel performance was largely driven by high rate premiums during the event (4-15 April). ADR came in at AUD347.38, which was a 76.7% increase over the same 12-day period in 2017. The market’s growth in RevPAR exceeded 100% most nights during the event, with the peak level occurring the night of the opening ceremony on 4 April when RevPAR jumped 205.4% to AUD294.26
258. Performance of Hotels in Asia Pacific - June 2009
Performance of Hotels in Asia Pacific - June 2009. In year-over-year measurements, occupancy rates in the Asia Pacific region dropped 10.8% to 56.2%; the ADR declined 16.3% to US$111.85; and RevPAR fell 25.3% to US$62.88.
259. European Hotel Industry Performance in July 2009
European Hotel Industry Performance in July 2009. Glasgow, Scotland, was the only key market to report increases in all three key metrics. Occupancy was up 8.3% to 81.2%, ADR rose 3.2% to EUR76.52, and RevPAR increased 11.8% to EUR62.11.
260. London Hotels Report Strong ADR, RevPAR as London 2012 Gets Underway
According to STR Global, hoteliers across London reported 84.4% occupancy and £224.72 average room rates from 27 July until 29 July 2012. The London 2012 Olympic Games officially started Friday, 27 July 2012.
261. Flooding in Thailand Impacts Hotels in Capital City
According to daily performance data from STR Global, Bangkok's hotel industry didn't experience major declines in terms of occupancy and rate during the first few weeks of historic flooding across Thailand. In fact, until the beginning of the week when the flood waters reached the capital, daily occupancy levels remained around the 65% mark and ADR held fairly close to the same lev
262. STR Reports Performance of Hotels in Asia Pacific for November 2013
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics during November 2013 when reported in U.S. dollars. The region’s occupancy ended the month with a 1.1% increase to 72.4%; ADR dropped 4.9% to US$123.13; and RevPAR was down 3.8% to US$89.12.
263. Corporate Travel Reservations Grew by Over 30% in March 2011
Corporate travel reservations grew in March 2011 over 2010 by +30%, while revenue climbed +42.5%, aided by a +6.9% increase in average daily rate (ADR). Following a growth dip in February, March global leisure bookings achieved the second highest growth pace in the last year, climbing +10.8%, while revenue jumped +15.5%.
264. UK Hotel Industry Performance in August 2009
UK Hotel Industry Performance in August 2009. Overall, UK city destinations recorded the most promising OR performances, such as London (82.4%), Cardiff (68.8%) and Manchester (70.8%), all posting lower decreases in August than in previous months. Spurred by leisure demand, Edinburgh managed to record OR growth again (+3.3 points), and together with only a small ADR drop, sustains

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