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- 49. 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
- 50. 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).
- 51. 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.
- 52. 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).
- 53. 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
- 54. 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.
- 55. Positive RevPAR Growth by 2013 @ Hotels in Barcelona and Tokyo
Barcelona's outlook shows only slight changes in performance for this and next year. This follows stronger growth in 2011, when Barcelona saw RevPAR performance grow by 8.5% to €81.68. Growth was led by increased occupancy (+4.5%) and rate (+3.8%). Whilst the economic forecast in the Euro zone remains uncertain, STR's forecast predicts that RevPAR will decline (-0.7%) in 2012 befor
- 56. U.S. Hotel Industry Reports Highest RevPAR Since August 2008
According to data from STR, the U.S. hotel industry finished June 2011 with the highest revenue per available room since August 2008. In June, the industry reported a 7.8-percent increase in RevPAR to US$68.90. The RevPAR in August 2008 was US$72.14. Overall occupancy for the United States hotel industry increased 4.2% to 67.6% and ADR ended the month up 3.5% to US$101.95.
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