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- 49. 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
- 50. Hotels in Asia Report Increase in ADR and RevPAR
Compared to September 2014, hotels in the Asia Pacific region reported a 0.5% decrease in occupancy to 68.1%. However, ADR was up 2.0% to US$108.23, and RevPAR increased 1.6% to US$73.71. Phuket, Thailand, experienced a 6.8% increase in occupancy to 59.1%, a 1.5% rise in ADR to THB2,740.18 and an 8.4% increase in RevPAR to THB1,619.93. Demand growth (+8.9%) in the market was signif
- 51. Canadian Hotel Industry Reports Q3 2016 Increase in ADR, OR and RevPAR
Among the provinces, Ontario recorded the largest year-over-year increases in ADR (+9.8% to CAD160.57) and RevPAR (+14.9% to CAD130.73). Occupancy in the province rose 4.6% to 81.4%. Four additional provinces experienced a double-digit lift in RevPAR for the quarter: Prince Edward Island (+14.8% to CAD160.12); Quebec (+13.6% to CAD144.44); Nova Scotia (+11.6% to CAD122.43); and Bri
- 52. Hotels in Mexico Report Q3 2016 Increase in ADR, OR and RevPAR
Compared with Q3 2015, the Mexican hotel industry’s occupancy increased 2.1% to 63.5%, ADR was up 14.0% to MXN2,067.44, while RevPAR grew 16.3% to MXN1,312.17. With double-digit increases in ADR, all five key markets in the country posted double-digit growth in RevPAR, led by Central Mexico (+16.5% to MXN785.20) and Northwest Mexico (+16.0% to MXN1,141.79).
- 53. Hotels in Hong Kong Report Strong RevPAR Growth
According to STR Global, RevPAR at hotels in Hong Kong grew 8.7% year-to-August 2012 to HK$1,520.61, supported by buoyant occupancy levels that remained well above the 80% mark. This RevPAR performance resulted from the highest occupancy and ADR achieved for a January-to-August period since 2000.
- 54. Hotels in U.S. Report March 2016 Increase in ADR and RevPAR
Compared with March 2015, the U.S. hotel industry’s occupancy was nearly flat (-0.4% to 66.4%), however ADR for the month was up 3.2% to US$124.37, and RevPAR increased 2.7% to US$82.60. Los Angeles/Long Beach, California, posted the only double-digit rise in ADR (+12.2% to US$172.01) and was the only other market to see double-digit RevPAR growth (+16.5% to US$147.17).
- 55. U.S. Hotel Industry Reports January 2016 Increase in ADR and RevPAR
In year-on-year results, the U.S. hotel industry’s OR dipped 0.8% to 61.7% in January 2016, while ADR for the month was up 3.6% to US$120.80, and RevPAR increased 2.8% to US$74.50. Among the Top 25 Markets, Super Bowl 50 host San Francisco/San Mateo, California, posted the largest increases in ADR (+28.1% to US$249.36) and RevPAR (+31.5% to US$203.43). Occupancy in the market rose
- 56. Hotels in U.S. Report Increase in ADR, OR, and RevPAR
In year-on-year results, the U.S. hotel industry’s occupancy increased 3.3% to 67.9%; ADR was up 4.6% to US$122.02; and RevPAR increased 8.0% to US$82.82. Among the Top 25 Markets, Anaheim/Santa Ana, California, reported the only double-digit rise in occupancy (+10.3% to 78.1%) as well as the largest increase in RevPAR (+20.5% to US$110.38). ADR in the market was up 9.3% to US$141.
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