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- 57. Hotels in Asia Pacific Report Decrease in OR and RevPAR; ADR Flat
Compared to November 2014, hotels in the Asia Pacific region reported a 1.8% decrease in occupancy to 70.4% while ADR remained nearly flat at US$110.91, +0.1%. RevPAR fell 1.8% to US$78.13. Jakarta, Indonesia, experienced decreases in occupancy (-6.6% to 66.9%) and RevPAR (-5.9% to IDR743,375.57). ADR increased 0.7% to IDR1,111,708.34. Supply growth (+6.8%) significantly outperform
- 58. U.S. Hotel Industry Reports April 2016 Increase in ADR, OR and RevPAR
Among the Top 25 Markets, Dallas, Texas, experienced the only double-digit increase in occupancy (+11.0% to 80.9%) as well as the largest lift in RevPAR (+18.1% to US$86.91). ADR in the market was up 6.4% to US$107.45. Of the eight additional markets to report double-digit growth in RevPAR, Los Angeles/Long Beach, California (+16.9% to US$144.39), was the only market other than Dal
- 59. Positive ADR, OR and RevPAR at Hotels in U.S. in June 2015
According to data compiled by STR, hotels in the U.S. reported positive results in the three key performance metrics during June 2015. In year-on-year results, occupancy rates at hotels in the U.S. was up 2.1% to 73.1%; ADR rose 5.0% to US$121.57; and RevPAR increased 7.2% to US$88.84. Of the Top 25 Markets, 12 reported double-digit RevPAR growth, led by Philadelphia, Pennsylvania-
- 60. Hotels in Asia Pacific Report January 2017 Increase in ADR and RevPAR
In U.S. dollar constant currency, year-on-year comparisons, the Asia Pacific region reported a decline of 0.8% to 64.8% in occupancy, an increase of 4.6% to US$108.10 in ADR while RevPAR grew 3.7% to US$70.07. Occupancy in Vietnam was up 1.3% to 68.4% in January 2017 while ADR increased 4.2% to VND2,882,582.04 and RevPAR was up 5.5% to VND1,971,396.72.
- 61. Hotels in Asia Pacific Report October 2017 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, October 2017 vs. October 2016, hotels in Asia Pacific reported a 0.7% increase in Occupancy to 71.7%, ADR was up 2.3% to US$104.15, while RevPAR increased 2.9% to US$74.68. In local currency, hotels in Hong Kong reported a rise in Occupancy Rates of 1.3% to 91.8%, ADR grew 2.6% to HKD1,395.12 and RevPAR jumped 3.9% to HKD1,281.33.
- 62. Hotels in APAC Report Q2 2017 Increase in ADR, OR and RevPAR; Vietnam’s RevPAR Up 13.7%
According to data compiled by STR, the Asia Pacific hotel industry reported positive results in the three key performance metrics during the second quarter of 2017. In U.S. dollar constant currency, Q2 2017 vs. Q2 2016, the Asia Pacific region reported a 3.1% increase in Occupancy to 70.1%, an increase in ADR of 0.9% to US$97.39, and RevPAR jumped 4.1% to US$68.24.
- 63. STR Reports U.S. Hotel Industry’s Q2 2015 Results
Of the Top 25 Markets, nine reported double-digit RevPAR growth during the quarter, led by Seattle, Washington (+16.1% to US$123.26). Nashville, Tennessee, followed with a 13.0% increase to US$104.33. Houston, Texas, was one of two Top 25 Markets to report a decrease in RevPAR, which was down 4.6% to US$79.84. RevPAR in New York, New York, decreased 1.8% to US$239.30.
- 64. Hotels in U.S. Report July 2016 Increase in ADR and RevPAR
Compared with July 2015, the U.S. hotel industry’s occupancy decreased 1.0% to 74.4%, ADR was up 3.6% to US$128.77, and RevPAR grew 2.5% to US$95.81. Among the Top 25 Markets, Philadelphia, Pennsylvania-New Jersey, posted the largest year-on-year increases in each of the three metrics. Occupancy in the market rose 6.2% to 78.6%; ADR was up 30.5% to US$158.53; and RevPAR increased 3
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