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- 129. 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.
- 130. Hotels in Europe Report October 2016 Drop in ADR, OR and RevPAR
The United Kingdom saw a 1.8% decline in occupancy to 80.9%. The decrease came in comparison with a record-high occupancy level for an October (2015), when the UK hosted major events like the Rugby World Cup. ADR dropped 2.9% in October 2016 to GBP91.84, and RevPAR dipped 4.7% to GBP74.29. Overall, the UK’s supply continued to grow, up 1.9% in October, while demand was flat.
- 131. April 2014 Performance of Hotels in Asia; Bangkok RevPAR Down 13.4%
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results during April 2014 when reported in U.S. dollars. The region’s occupancy during April rose 1.2% to 68.8%; ADR dropped 2.7% to US$118.44; and RevPAR decreased 1.6% to US$81.46.
- 132. Hotels in Asia Pacific Report Q3 2016 Increase in Occupancy; RevPAR Nearly Flat
Philippines experienced nearly flat occupancy (-0.4% to 65.7%). However, a 2.0% rise in ADR to PHP5,129.42 pushed RevPAR up 1.5% to PHP3,368.74. Through August, visitor arrivals to the country increased 12.6%, according to the Department of Tourism. Support for the hotel industry has been enough to outpace a 4.4% year-to-date increase in supply.
- 133. Positive 2012 RevPAR Forecast for Beijing, Hong Kong, Singapore and Sydney
RevPAR growth is expected to be mainly driven by increasing ADR, following strong occupancy performances in Singapore, Hong Kong and Sydney during 2011. The markets posted occupancy of more than 80% for the year, while Beijing achieved just less than 70%.
- 134. Singapore RevPAR Growth Led by Rate Increases
In the Marina Bay area, RevPAR grew by 13.2% to Sin$277.46. The increase was led by ADR (+8.0%) growth year to June, while occupancy grew slightly less (+4.8%). During the six-month period, occupancy peaked in February (89.3%) as a result of additional demand growth, in part from the Airshow. ADR increased year to June by 8.0% to Sin$321.02. February 2012 recorded the highest ADR l
- 135. US Hotel Industry Reports September 2016 Increase in ADR, OR and RevPAR
Seven additional markets saw a double-digit lift in RevPAR: New Orleans, Louisiana (+18.8% to US$92.97); Orlando, Florida (+16.9% to US$67.83); Phoenix, Arizona (+16.5% to US$66.11); Los Angeles/Long Beach, California (+14.3% to US$140.88); Atlanta, Georgia (+13.0% to US$80.15); Washington, D.C.-Maryland-Virginia (+11.7% to US$124.76); and San Diego, California (+11.2% to US$122.17
- 136. Increase in ADR, OR and RevPAR for Hotels in U.S.A.
According to data compiled by STR, the U.S. hotel industry opened the year with positive results in the three key performance metrics. In a year-on-year comparison with January 2016 occupancy increased 0.5% to 54.1%, ADR was up 3.2% to US$120.72 and RevPAR grew by 3.8% to US$65.33.
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