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- 113. Hotels in Asia Pacific Experience Drop in ADR, OR and RevPAR
According to data compiled by STR Global, hotels in the Asia Pacific region in June 2015 experienced nearly flat performance in the three key performance metrics when reported in U.S. dollar constant currency. Compared to June 2014, hotels the Asia Pacific region reported a 0.2% decrease in occupancy to 66.2%, a 0.1% drop in ADR to US$102.32 and a 0.3% decline in RevPAR to US$67.70
- 114. MEA Reports 14.5% Increase in RevPAR for September 2014
According to data compiled by STR Global, hotels in the Middle East/Africa region reported positive performance during September 2014 when reported in U.S. dollars. In September, in year-on-year comparisons, the region reported a 13.1% increase in occupancy to 65.5%, a 1.3% increase in ADR to US$145.12 and a 14.5% increase in RevPAR to US$94.99.
- 115. Hotels in APAC Report July 2016 Increase in Occupancy and RevPAR
According to July 2016 data from STR, hotels in the Asia Pacific region recorded mostly positive results in the three key performance metrics when reported in U.S. dollar constant currency. Bangkok, Thailand, reported increases in each of the three metrics: occupancy (+4.7% to 81.1%), ADR (+4.3% to THB3,264.95) and RevPAR (+9.2% to THB2,648.47). The market reported relatively low s
- 116. Hotels in Canada Report 2016 Increase in ADR, OR and RevPAR
According to data compiled by STR, the Canadian hotel industry reported positive year-on-year results in the three key performance metrics during 2016. Compared with 2015, occupancy increased 0.6% to 64.5%, ADR rose 4.3% to CAD149.19 and RevPAR grew 5.0% to CAD96.25.
- 117. 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
- 118. Super Bowl 51 to Give Houston Hotels Significant RevPAR Growth
STR has forecast that the hotel industry in Houston will see overall performance growth between 150% and 350% during Super Bowl 51 weekend. For the purposes of its projection, STR noted that each of the last nine Super Bowl host markets experienced year-on-year RevPAR growth of more than 100%, including Houston in 2004 (+384%).
- 119. Hotels in Americas Report Positive ADR, OR and RevPAR
According to July 2015 data compiled by STR, hotels in the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollar constant currency. Compared to July 2014, hotels in the Americas region reported a 2.2% increase in occupancy to 74.8%, a 5.8% increase in ADR to US$124.78 and an 8.2% increase in RevPAR US$93.37.
- 120. Hotels in Seoul and Phuket Report Largest RevPAR Decreases for November 2014
According to data compiled by STR Global, hotels in the Asia Pacific region experienced performance decreases during November 2014 when reported in U.S. dollars. In November 2014, the region’s occupancy was down 0.4% to 72.2%; ADR fell 3.0% to US$115.70; and RevPAR decreased 3.4% to US$83.48.
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