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- 65. Hotels in U.S. Report Q1 2016 Increase in ADR and RevPAR
When compared with Q1 2015, the U.S. hotel industry’s occupancy dipped 0.5% to 60.7%. However, ADR rose 3.2% to US$120.92, and RevPAR increased 2.7% to US$73.34. Three of the Top 25 Markets reported double-digit growth in RevPAR: Los Angeles/Long Beach, California (+16.6% to US$138.58); San Francisco/San Mateo, California (+15.7% to US$189.62); and Norfolk/Virginia Beach, Virginia
- 66. Hotels in Europe Report February 2017 Increase in ADR, OR and RevPAR
In Euro constant currency and year-on-year comparison, Europe experienced an increase in occupancy of 2.9% to 64.5%, ADR grew 1.8% to EUR100.08 while RevPAR jumped 4.7% to EUR64.59. In local currency, year-on-year comparison, Hungary experienced an increase in occupancy of 12.0% to 58.1%, ADR rose 4.8% to HUF19,919.04, and RevPAR was up by 17.3% to HUF11,566.69.
- 67. APAC Hotels Report July 2017 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, July 2017 vs. July 2016, Occupancy increased by 3.8% to 74.4%, ADR rose 1.9% to US$97.67 and RevPAR was up 5.7% to US$72.66. In Japan, Occupancy increased by 0.7% to 85.1%, ADR dropped by -0.4% to JPY15,229.18 and RevPAR was up 0.2% to JPY12,966.69.
- 68. Hotels in Canada Report Q2 2017 Increase in ADR, OR and RevPAR
Overall, nine of the twelve reporting provinces registered a RevPAR increase for the quarter. The Yukon Territory posted the only double-digit increase in ADR (+11.0% to CAD144.68), Manitoba experienced the greatest rise in occupancy (+7.2% to 71.5%), while the Northwest Territories reported the steepest declines in occupancy (-8.5% to 57.6%) and RevPAR (-10.4% to CAD94.15). Saskat
- 69. Marriott Updates Q4 RevPAR Outlook
Marriott Updates Fourth Quarter RevPAR Outlook. While Marriott International’s fourth quarter 2009 results are not yet available, the company has said it expects fourth quarter 2009 revenue per available room (RevPAR) for comparable systemwide hotels outside North America to have declined 14 to 16% on a constant dollar basis.
- 70. Supply Growth to Stifle U.S. RevPAR in 2010
Supply Growth to Stifle U.S. RevPAR in 2010. STR’s forecast projects 2009 occupancy to be down 8.4% to 55.4% and ADR to decline 9.7% to US$96.43. It projects RevPAR to end 2009 with a 17.1% decrease to US$53.41. Supply in 2009 is projected to increase 3%, while demand is expected to end the year down 5.5%.
- 71. Super Bowl 50 Weekend RevPAR for San Francisco and San Jose Up 233.9% Y-O-Y
According to data compiled by STR, Super Bowl 50 weekend hotel rates in San Francisco and San Jose, California, were the highest of any of the past six Super Bowl host markets. Overall, Super Bowl weekend RevPAR for San Francisco and San Jose was 233.9% higher in year-on-year comparisons. For the two weeks leading up to and including the event, RevPAR increased 34.3%. Of the past s
- 72. Hotels in U.S. Report Q2 2016 Increase in ADR, OR and RevPAR
Compared with Q2 2015, the U.S. hotel industry’s occupancy was almost flat (+0.6% to 69.4%) in Q2 2016. ADR was up 2.9% to US$124.47 and RevPAR increased 3.5% to US$86.33. Three Top 25 Markets experienced a double-digit lift in RevPAR for the quarter: Dallas, Texas (+12.1% to US$80.64); Los Angeles/Long Beach, California (+11.1% to US$140.60); and Nashville, Tennessee (+10.6% to US
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