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- 25. RevPAR Increase for Hotels in South Africa
South Africa's major cities of Johannesburg (including Sandton) and Cape Town reported increasing RevPAR for the first two months of 2012 with 14.5% (ZAR498.59) and 12.7% (ZAR799.02) growth, respectively. This followed a more challenging 2011 which saw declining RevPAR for the two markets, mainly led by decreasing ADR.
- 26. Hotels in Asia Pacific Report February 2016 Increase in ADR, OR and RevPAR
Compared with February 2015, hotels in the Asia Pacific region reported a 0.3% increase in OR to 64.2%, a 0.6% rise in ADR to US$109.42 and an 1.0% increase in RevPAR to US$70.28. Indonesia experienced a 2.5% increase in occupancy to 56.3% but decreases in ADR (-4.7% to IDR 1,045,671.00) and RevPAR (-2.3% to IDR 588,469.78). Hong Kong reported decreases across the three key perform
- 27. Hotels in Asia Report January 2016 Increase in ADR, OR and RevPAR
Compared with January 2015, hotels in the Asia Pacific region reported a 3.5% increase in occupancy to 66.1%, ADR was up 0.4% to US$104.60 and RevPAR grew 4.0% to US$69.15. Bangkok, Thailand, posted increases across the three key performance metrics: occupancy (+4.5% to 80.6%), ADR (+3.1% to THB3,547.66) and RevPAR (+7.8% to THB2,858.54). Stable supply growth (+0.6%) coupled with r
- 28. Hotels in Asia Pacific Report Y-O-Y Decrease in ADR and RevPAR
Compared with 2014, hotels in the Asia Pacific region reported a 0.1% increase in occupancy to 68.2%, ADR was down 0.5% to US$108.79, and RevPAR decreased 0.4% to US$74.25. Thailand recorded double-digit growth in occupancy (+13.6% to 73.6%) and RevPAR (+13.1% to THB2,667.65). ADR in the country dipped 0.4% to THB3,662.84. Prior to the Erawan bomb which went off in September in Ban
- 29. Hotels in Central / South America Report Decrease in OR; Increase in ADR and RevPAR
Compared with February 2015, hotels in the Central/South America region reported a 2.8% decrease in occupancy to 56.6%. However, ADR was up 10.7% to US$97.73, and RevPAR rose 7.6% to US$55.32. Chile experienced a 3.8% decrease in occupancy to 59.0%. However, ADR was up 5.4% to CLP85,163.94, and RevPAR increased as a result by 1.4% to CLP50,285.40. STR analysts note that ADR has led
- 30. Hotels in Caribbean Report ADR and RevPAR Growth
According to STR Analytics’ Caribbean Host Almanac, the performance of hotels in the Caribbean continues to illustrate positive trends in occupancy and ADR, though at a much slower pace than hotels in the United States. While the region has achieved three years (2010-2013) of moderate-to-strong RevPAR growth, it still has ground to make up from two years of double-digit RevPAR decl
- 31. Hotels in Europe Report November 2016 Increase in ADR, OR and RevPAR
Compared with November 2015, hotels in Europe reported 4.2% growth in occupancy to 70.3%, an increase of 1.5% to EUR107.14 in ADR, and growth in RevPAR of 5.8% to EUR75.36. London, United Kingdom, recorded its strongest month of 2016 in terms of growth with an 8.0% increase in RevPAR to GBP130.33. This was due to a 5.3% lift in occupancy to 85.9% and a 2.6% increase in ADR to GBP15
- 32. Hotel RevPAR in AP Drops 5.7%; Thailand's RevPAR Up 20.9%, OR Up 22.9%
According to data compiled by STR, hotels in the Asia Pacific region experienced mixed year-on-year results in the three key performance metrics during May 2015 when reported in U.S. dollars. Occupancy for May increased 1.4% to 68.1%, while ADR dropped 6.9% to US$105.54, and RevPAR decreased 5.7% to US$71.84.
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