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- 33. 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
- 34. 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.
- 35. Hotels in Europe Report January 2016 Increase in ADR, OR and RevPAR
Compared with January 2015, Europe reported an 1.4% increase in occupancy to 54.7%, an 1.5% rise in ADR to EUR100.52 and a 3.0% increase in RevPAR to EUR55.03. Dublin, Ireland, experienced a 7.3% lift in occupancy to 63.7% as well as double-digit growth in ADR (+19.4% to EUR104.36) and RevPAR (+28.0% to EUR66.51). Strong demand experienced in the last two years has greatly affected
- 36. Hotels in Americas Report Increase in ADR and RevPAR
Chile experienced a 7.9% decrease in occupancy to 61.3%. However, ADR was up 12.7% to CLP85,582.04, and RevPAR increased 3.8% to CLP52,466.78. The country hosted Copa América in June and early July, and according to STR Global analysts, the tournament led to the displacement of tourist arrivals in August. However, the rise in ADR favored U.S. Dollar countries, and RevPAR increased
- 37. Hotels in France Record RevPAR Decrease of 9.1% in August 2009
Hotels in France Record RevPAR Decrease of 9.1% in August 2009. According to MKG Hospitality's market monitoring database, HotelCompSet, France recorded a RevPAR decrease of 9.1% in August 2009, whilst July dropped by 7.3%. The decline for July and August combined reached 8.1%, lower than the first eight month's average of -9%.
- 38. 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
- 39. Hotels in Asia Pacific Report April 2016 Increase in ADR, OR and RevPAR
Compared with April 2015, the Asia Pacific region reported a 2.0% increase in occupancy to 70.5%, ADR was up 1.5% to US$102.34 and RevPAR rose 3.6% to US$72.13. Hong Kong reported increases across the three key performance metrics: occupancy (+4.1% to 87.0%), ADR (+3.8% to HK$1,503.72) and RevPAR (+8.0 to HK$1,307.69).
- 40. Hotels in Central/South America Report May 2016 Decrease in OR and RevPAR
Compared with May 2015, ADR in the region was up 7.7% to US$88.86 but RevPAR fell 1.8% to US$46.11 and occupancy for the month fell 8.8% to 51.9%. Costa Rica experienced growth in occupancy (+13.3% to 60.0%) and RevPAR (+8.0% to CRC37,509.43). ADR in the country was down 4.6% to CRC62,511.88. Occupancy increased year-on-year for the 14th consecutive month, and absolute occupancy re
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