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- 73. 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
- 74. Asia Pacific Hotels Report August 2017 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, August 2017 vs. August 2016, hotels in Asia Pacific reported an increase in Occupancy of 3.3% to 75.3%, ADR was up 2.3% to US$99.98 and RevPAR jumped 5.7% to US$75.33. In Thailand, Occupancy was up 2.3% to 80.9%, ADR rose 3.5% to THB3,440.35 and RevPAR jumped 5.9% to THB2,782.71.
- 75. Hotels in London Report April 2016 RevPAR Decrease of 3.2%
London has posted year-on-year growth in RevPAR for six consecutive years beginning with 2010. Through April 2016, London’s RevPAR dropped 3.2% to £95.60. Although ADR declined moderately (-0.5% to £128.34) during that period, occupancy dropped 2.7% to 74.5%. Overall, London has reported year-on-year occupancy declines for each month since November 2015.
- 76. Northern European and Dublin’s RevPAR Continue Decline
Northern European and Dublin’s RevPAR Continue Decline. According to data compiled by STR Global, in March 2009 European RevPAR fell 14% year-on-year, split between declines in both average daily rate (ADR) and occupancy.
- 77. Double Digit RevPAR Gains for Hotels in Hong Kong
Year-on-year growth in RevPAR for the year-to-September 2011 is well into double digits at 28%. The increase is largely attributable to substantial improvements in average daily rate (ADR) as well as strong growth in occupancy. Within Hong Kong, strong RevPAR growth was reported by both Hong Kong Island (26.1%) and Kowloon (29.5%).
- 78. U.K. Hotel Industry Reports Record ADR and RevPAR
According to data compiled by STR, the first six months of 2017 produced the U.K. hotel industry’s highest occupancy, ADR and RevPAR for any first half on record. Compared with the first six months of 2016, the U.K. recorded a 1.7% increase in occupancy to an actual level of 75.1%, a 4.7% increase in ADR to GBP89.33 and a 6.5% increase in RevPAR to GBP67.12.
- 79. Surge in RevPAR for Hotels in London
Surge in RevPAR for Hotels in London. While many of the rest of the world's hotels have struggled to rebound from the global economic downturn, London hotels have defied expectations as rates and occupancies continue to grow, with July 2010 recording the highest achieved RevPAR reported during the past 11 years in London.
- 80. January 2009 a Tough Month for Hotels in Europe
January 2009 a Tough Month for Hotels in Europe. Three key markets reported increases in two out of the three key performance measurements: Geneva, Switzerland (ADR +26.8% to EUR232.22 and RevPAR +8.5% to EUR114.51); Munich, Germany (ADR +4.5% to EUR102.16 and RevPAR +0.6% to EUR58.20); and Salzburg, Austria (ADR +6.7% to EUR107.08 and RevPAR +2.9% to EUR53.15).
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