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73. Hotels in Asia Report OR, ADR and RevPAR Decreases for October 2014
According to data compiled by STR Global, hotels in the Asia Pacific region experienced performance decreases during October 2014 when reported in U.S. dollars. In October 2014, the occupancy rates of hotels in the region was down 0.6% to 72.0%; ADR fell 3.6% to US$117.54; and RevPAR decreased 4.2% to US$84.65.
74. STR Reports European Hotel Performance for February; ADR in Manchester Up 24.9%
According to data compiled by STR Global, the European hotel industry posted mixed results in year-on-year metrics when reported in U.S. dollars, Euros and Great British Pounds for February 2015. Northern Europe saw double-digit growth for both ADR (+14.8% to EUR108.13) and RevPAR (+18.3% to EUR76.96).
75. Hotels in APAC Report Q2 2017 Increase in ADR, OR and RevPAR; Vietnams RevPAR Up 13.7%
According to data compiled by STR, the Asia Pacific hotel industry reported positive results in the three key performance metrics during the second quarter of 2017. In U.S. dollar constant currency, Q2 2017 vs. Q2 2016, the Asia Pacific region reported a 3.1% increase in Occupancy to 70.1%, an increase in ADR of 0.9% to US$97.39, and RevPAR jumped 4.1% to US$68.24.
76. Hotels in Central/South America Report May 2016 Decrease in OR and RevPAR
Compared with May 2015, ADR in the region was up 7.7% to US$88.86 but RevPAR fell 1.8% to US$46.11 and occupancy for the month fell 8.8% to 51.9%. Costa Rica experienced growth in occupancy (+13.3% to 60.0%) and RevPAR (+8.0% to CRC37,509.43). ADR in the country was down 4.6% to CRC62,511.88. Occupancy increased year-on-year for the 14th consecutive month, and absolute occupancy re
77. Hotels in Canada Report Positive Q3 2015 ADR, OR and RevPAR
In year-on-year results, the Canadian hotel industrys occupancy increased 0.2% to 76.6%; ADR was up 6.1% to CAD$154.95; and RevPAR increased 6.9% to CAD$113.76. Among the provinces, Prince Edward Island reported the largest increase in occupancy, up 7.5% to 89.6%. Nova Scotia followed with a 6.2% increase to 81.9%.
78. STR Reports MEA Hotel Results for November 2015
Compared to November 2014, hotels in the Middle East subcontinent reported a 3.3% decrease in occupancy to 69.2%, while ADR for the month was down 3.3% to US$204.97. RevPAR dropped 6.5% to US$141.90. Hotels in the Northern Africa and Southern Africa subcontinents experienced a 5.0% decline in occupancy to 58.8%, and an increase of 9.7% in ADR to US$115.33. RevPAR increased 4.2% to
79. STR and Tourism Economics Forecast Rise in ADR, OR, and RevPAR for US Hotel Industry
For 2016, the U.S. hotel industry is predicted to report a 0.6% increase in occupancy to 65.9%, a 4.4% rise in ADR to US$125.30 and a 5.0% increase in RevPAR to US$82.60. During that same period, demand growth (+2.3%) is expected to outweigh supply growth (+1.7%).
80. Hotels in US Report Increase in RevPAR, ADR and OR; Orlando Leading OR and RevPAR Growth
In year-on-year results, the U.S. hotel industrys occupancy rates increased 2.3% to 75.3%; ADR rose 5.9% to US$124.32; and RevPAR increased 8.3% to US$93.61. Ten of those markets posted double-digit RevPAR growth, led by Orlando, Florida (+19.4% to US$93.24). Nashville, Tennessee (+17.4% to US$102.16), and Atlanta, Georgia (+15.1% to US$82.72), were the other two markets to post R

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