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- 41. Saudi Arabian Markets Leading GCC's RevPAR Growth in Q1 2012
Jeddah, Saudi Arabia; Al Khobar, Saudi Arabia; and Dubai, United Arab Emirates, all experienced continued RevPAR improvements during the first quarter of 2012. Despite increases in demand across all but one market, continued supply growth limited RevPAR performances in the other major GCC markets.
- 42. Hotels in U.S. Report June 2016 Growth in ADR, OR and RevPAR
Compared with June 2015, the U.S. hotel industry’s occupancy growth was nearly flat at +0.3% to 73.1%, while ADR was up 3.5% to US$126.14 and RevPAR grew 3.8% to US$92.17. New York, New York, posted the highest absolute values for ADR (US$273.44) and RevPAR (US$245.11) for the month.
- 43. U.S. Hotel Industry Reports May 2016 Increase in ADR and RevPAR
Compared with May 2015, the U.S. hotel industry’s occupancy dipped 0.5% to 67.0%, while ADR for the month was up 2.4% to US$123.87, and RevPAR grew 1.9% to US$83.01. Among the Top 25 Markets, Dallas, Texas, recorded the largest increase in occupancy (+5.3% to 73.3%) and the only double-digit lift in RevPAR (+12.9% to US$76.32). ADR in the market was up 7.2% to US$104.15.
- 44. Hotels in U.S. Report Strong RevPAR Growth
Among the Top 25 Markets, 16 of the top markets recorded double-digit RevPAR growth in September. New Orleans, Louisiana, rose 23.8% to US$87.64, reporting the largest increase in that metric, followed by Detroit, Michigan (+21.5% to US$65.06), Seattle, Washington (+20.4% to US$127.42), and Atlanta, Georgia (+19.3% to US$65.25). None of the top markets experienced a RevPAR decrease
- 45. U.S. Hotels Report November 2016 Increase in ADR, OR and RevPAR
Among the Top 25 Markets, Norfolk/Virginia Beach, Virginia, recorded the only double-digit increase in occupancy (+11.0% to 53.3% and the largest increase in RevPAR (+14.0% to US$43.17). ADR in the market was up 2.6% to US$81.00. Three additional markets reported double-digit growth in RevPAR for the month: Chicago, Illinois (+12.9% to US$107.24); Los Angeles/Long Beach, Californi
- 46. STR Reports September 2014 Asia Pacific Hotel Performance; Bangkok RevPAR Down 11%
In September 2014, the region’s occupancy rose 0.9% to 69.2%; ADR fell 2.2% to US$112.31; and RevPAR was down 1.3% to US$77.67. Year-to-date September 2014 when reported in U.S. dollars, the Asia Pacific region’s occupancy rose 0.8% to 68.1%; ADR fell 2.4% to US$116.15; and RevPAR decreased 1.6% to US$79.07.
- 47. Hotels in Asia Report Increase in ADR, OR and RevPAR
Compared to August 2014, hotels in the Asia Pacific region reported a 1.3% increase in occupancy to 72.7%, a 1.0% rise in ADR to US$109.21 and a 2.3% increase in RevPAR to US$79.41. Bangkok, Thailand, experienced double-digit growth in occupancy (+10.4% to 76.3%) and RevPAR (+16.0% to THB2,469.93). ADR in the market increased 5.1% to THB3,235.02. The positive results came even with
- 48. Hotels in Asia Pacific Report Increase in ADR, OR and RevPAR
Compared to October 2014, hotels in the Asia Pacific region reported a 0.8% increase in occupancy to 71.7%, a 1.7% rise in ADR to US$113.50 and a 2.6% increase in RevPAR to US$81.42. Hong Kong reported a 3.5% increase in occupancy to 88.5%. However, ADR in the market was down 7.4% to HK$1,809.54, and RevPAR fell 4.1% to HK$1,602.07. The increase in occupancy came as demand increase
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