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- 145. Global Hotel Industry records Positive ADR and RevPAR Growth in July 2008
Global Hotel Industry records Positive ADR and RevPAR Growth for July 2008. The global hotel industry recorded positive growth in average daily rate and revenue per available room for the month of July 2008, according to data from STR and STR Global. July occupancies fell in all but one world region. Data for the survey was gathered from more than 36,150 hotels comprising 4.93 mil
- 146. Hotels in Americas Report April 2015 Increase in OR, ADR and RevPAR
Compared to April 2014, the Americas region reported a 1.7% increase in occupancy to 66.5%, a 4.0% increase in ADR to US$120.98 and a 5.8% increase in RevPAR to US$80.40. Among the key markets in the region, Bogotá, Colombia, reported the largest occupancy increase, up 8.3% to 56.2%. Montréal, Québec, followed with a 6.5% occupancy increase to 66.7%.
- 147. Hotels in London Report Record Q1 RevPAR
For the first three months of the year, Londons absolute RevPAR level of GBP101.50 was an 11.3% increase compared with Q1 2016. Occupancy reached 76.1% (+4.8%), which was the highest Q1 absolute value in the metric since 2010, while ADR reached a record level at GBP133.38 (+6.2%).
- 148. Hotels in US Report Increase in ADR, OR and RevPAR for December 2014
According to data from STR, the U.S. hotel industry reported positive results in the three key performance metrics during December 2014. Overall, in year-on-year results the U.S. hotel industrys occupancy was up 4.8% to 52.6%; ADR rose 4.3% to US$113.42; and RevPAR increased 9.3% to US$59.62.
- 149. U.S. Hotel Industry Reports Q1 2017 Increase in ADR, OR and RevPAR
According to data compiled by STR, the U.S. hotel industry reported positive year-on-year results in the three key performance metrics during the first quarter of 2017. Compared with Q1 2016, occupancy rose by 0.9% to 61.1%, ADR increased 2.5% to US$124.27 and RevPAR jumped +3.4% to US$75.92.
- 150. Hotel RevPAR in U.S. Up 7.3%; Boston Up 20.3%
According to data compiled by STR, the U.S. hotel industry reported positive results in the three key performance metrics during March 2015. In year-on-year results, the U.S. hotel industrys occupancy was up 2.3% to 66.8%; ADR rose 4.9% to US$120.38; and RevPAR increased 7.3% to US$80.44.
- 151. 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
- 152. Hotels: Asia Pacific Reports Increase in OR and RevPAR for 2016
In year-on-year comparisons, occupancy in the Asia Pacific region increased 1.6% to 69.0%, while ADR dipped -0.9% to US$100.46 and RevPAR rose 0.6% to US$69.34. Throughout 2016, Thailand recorded 48 nights with occupancy above 85.0%, and ADR during those nights was 20.5% higher than nights with occupancy below 85.0%.
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