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81. Hotels in U.S. Report August 2017 Increase in ADR, OR and RevPAR
Among the Top 25 Markets, Nashville, Tennessee, posted the only double-digit increase in RevPAR (+13.4% to US$108.76), due primarily to the months only double-digit rise in ADR (+10.9% to US$142.00). Occupancy in the market rose 2.2% to 76.6%.
82. U.S. Hotel Industry Reports Increase in ADR, OR and RevPAR
According to data from STR, the U.S. hotel industry reported positive results in the three key performance metrics during August 2018. In a year-on-year comparison with August 2017, the industry posted an 1.2% increase in Occupancy to 71.4%, ADR grew by 2.3% to US$130.71 and RevPAR jumped 3.5% to US$93.37.
83. Hotels in U.S. Report Q2 2016 Increase in ADR, OR and RevPAR
Compared with Q2 2015, the U.S. hotel industrys occupancy was almost flat (+0.6% to 69.4%) in Q2 2016. ADR was up 2.9% to US$124.47 and RevPAR increased 3.5% to US$86.33. Three Top 25 Markets experienced a double-digit lift in RevPAR for the quarter: Dallas, Texas (+12.1% to US$80.64); Los Angeles/Long Beach, California (+11.1% to US$140.60); and Nashville, Tennessee (+10.6% to US
84. U.S. Hotels Report November 2016 Increase in ADR, OR and RevPAR
Among the Top 25 Markets, Norfolk/Virginia Beach, Virginia, recorded the only double-digit increase in occupancy (+11.0% to 53.3% and the largest increase in RevPAR (+14.0% to US$43.17). ADR in the market was up 2.6% to US$81.00. Three additional markets reported double-digit growth in RevPAR for the month: Chicago, Illinois (+12.9% to US$107.24); Los Angeles/Long Beach, Californi
85. Hotels in Asia Pacific Report Q3 2017 Increase in ADR, OR and RevPAR
In New Zealand, Occupancy rose by 0.7% to 75.9%, ADR was up 10.3% to NZD177.89, and RevPAR increased 11.0% to NZD134.99. Figures from the Ministry of Business, Innovation and Employment showed that the country welcomed a record-breaking 3.7 million international visitors through August, which is a 9.2% increase compared with the same eight months in 2016. Holiday arrivals were the
86. Hotels in Asia Report Almost Flat Results for October 2016
Compared with October 2015, hotels in the Asia Pacific region reported a 0.5% increase in occupancy to 71.3%, a slight drop of 0.4% to US$103.77 in ADR, while RevPAR was mostly flat at +0.1% to US$74.02. Taiwans hotels have struggled since September 2015, and October 2016 was no exception with a 5.5% drop in occupancy to 66.5%. The market recorded relatively flat ADR (+0.2% to TWD
87. Hotels in Asia Pacific Report May 2020 Decrease in ADR, OR and RevPAR
According to data from STR, the Asia Pacific hotel industry continued to report monthly lows in the three key performance metrics for May 2020. In U.S. dollar constant currency, May 2020 vs. May 2019, OR was down -47.3% to 35.8%, ADR decreased -40.2% to US$55.93 and RevPAR plummeted -68.5% to US$20.04.
88. STR Predicts U.S. Hotel Industry to Continue ADR, OR and RevPAR Growth in 2016
For the remainder of 2015, the U.S. hotel industry is predicted to report a 1.7% increase in occupancy to 65.5%, a 4.8% rise in ADR to US$120.46 and a 6.5% increase in RevPAR to US$78.90. During that same period, demand growth (+2.8%) is expected to outweigh supply growth (+1.1%). When looking at the Top 25 Markets, 22 are expected to experience RevPAR increases of 5.0% or higher f

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