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169. 1,096 Hotels with 274,648 Rooms in Asia Pacific Hotel Development Pipeline in February 2011
1,096 Hotels with 274,648 Rooms in Asia Pacific Hotel Development Pipeline in February 2011. According to the February 2011 STR Global Construction Pipeline Report, the Asia Pacific hotel development pipeline comprises 1,096 hotels totalling 274,648 rooms. Among the key markets in the region, Shanghai, China, reported the largest number of rooms in the In Construction phase with 9,
170. 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 month’s only double-digit rise in ADR (+10.9% to US$142.00). Occupancy in the market rose 2.2% to 76.6%.
171. Hotels in Asia Pacific Report January 2017 Increase in ADR and RevPAR
In U.S. dollar constant currency, year-on-year comparisons, the Asia Pacific region reported a decline of 0.8% to 64.8% in occupancy, an increase of 4.6% to US$108.10 in ADR while RevPAR grew 3.7% to US$70.07. Occupancy in Vietnam was up 1.3% to 68.4% in January 2017 while ADR increased 4.2% to VND2,882,582.04 and RevPAR was up 5.5% to VND1,971,396.72.
172. Hotels in U.S.A. Report February 2017 Increase in ADR and RevPAR
According to data from STR, the U.S. hotel industry reported mixed results in the three key performance metrics in February 2017. In a year-on-year comparison with February 2016 occupancy dropped 0.5% to 61.2%, ADR grew by 1.7% to US$123.24 and RevPAR increased 1.2% to US$75.37.
173. Hotels in Asia Pacific Report February 2017 Increase in OR and RevPAR
In U.S. dollar constant currency year-on-year comparisons, occupancy in the Asia Pacific region grew by 8.0% to 68.7% while ADR fell 5.0% to US$102.95 and RevPAR increased 2.6% to US$70.67. According to the Association of Thai Travel Agents, arrivals from Mainland China decreased 23.1% from 1 January to 10 March 2017 when compared with the same date range in 2016
174. 11% Surge in Phuket Airport Arrivals in H1 2012
According to the Phuket Mid-Year Hotel Update report by hospitality consulting firm C9 Hotelworks, an 11% surge in airport arrivals in the first six months of 2012 for a total of 2.32 million passengers is driving Phuket's hospitality market as the destination chalks up a healthy 75% hotel occupancy island wide.
175. 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.
176. 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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