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- 89. Hotels in MEA Report Increase in ADR, OR and RevPAR
According to July 2015 data compiled by STR Global, hotels in the Middle East/Africa region reported positive results in the three key performance metrics when reported in U.S. dollar constant currency. Compared to July 2014, the Middle East/Africa region reported a 12.1% increase in occupancy to 55.1%, a 5.3% rise in ADR to US$159.10 and an 18.1% increase in RevPAR to US$87.69.
- 90. STR Reports MEA Hotel Performance for Q1 and March 2016
Compared with Q1 2015, the Middle East subcontinent reported a 3.3% decrease in occupancy to 71.9%, ADR was down 8.1% to US$188.55 while RevPAR dropped 11.1% to US$135.63. The Northern Africa and Southern Africa subcontinents experienced a 4.4% decrease in occupancy to 53.5% though ADR was up 9.0% to US$107.58, and RevPAR increased 4.2% to US$57.56.
- 91. STR Reports US Hotel Performance for November 2015
In year-on-year results, the U.S. hotel industry’s occupancy increased 1.1% to 59.4%. ADR for the month was up 3.2% to US$115.44, while RevPAR increased 4.3% to US$68.60. Among the Top 25 Markets, Tampa/St. Petersburg, Florida, reported the largest increases in occupancy (+9.0% to 65.9%) and RevPAR (+18.7% to US$68.81). ADR in the market was up 8.9% to US$104.49.
- 92. U.S. Hotel Industry Reports Q3 2016 Increase in ADR and RevPAR
Among the Top 25 Markets, Philadelphia-Pennsylvania-New Jersey, posted the largest rise in occupancy (+5.9% to 76.8%) as well as the only double-digit increases in ADR (+12.6% to US$143.26) and RevPAR (+19.2% to US$110.09). Among the Top 25 Markets, Philadelphia-Pennsylvania-New Jersey, posted the largest rise in occupancy (+5.9% to 76.8%) as well as the only double-digit increases
- 93. Hotels in Europe See Rise in ADR, OR and RevPAR in June 2015
According to June 2015 data compiled by STR Global, the hotels in Europe recorded positive results in the three key performance metrics when reported in Euro constant currency. Compared to June 2014, hotels in Europe reported a 4.5% increase in occupancy to 78.1%, a 5.5% increase in ADR to EUR122.10 and a 10.2% increase in RevPAR to EUR95.34.
- 94. European Hotel Industry Reports Q1 2017 Increases in ADR, OR and RevPAR
The United Kingdom also saw increases across all three metrics. Occupancy was up 2.6% to 70.6%, ADR increased by 4.1% to GBP83.73 and RevPAR grew by 6.8% to GBP59.12.
- 95. Hotels in MEA Report 5.7% Drop in ADR and 2.9% Decline in RevPAR
According to data compiled by STR Global, hotels in the Middle East/Africa region reported mixed year-on-year results in the three major performance metrics during May 2015 when reported in U.S. dollars. The region reported a 3.0% increase in occupancy to 65.1%, a 5.7% drop in ADR to US$142.54 and a 2.9% decrease in RevPAR to US$92.81.
- 96. STR Reports January 2016 Performance of Hotels in Middle East and Africa
The Northern Africa and Southern Africa subcontinents experienced a 5.4% decrease in occupancy to 47.9%, while ADR increase 9.4% to US$111.48, and RevPAR jumped 3.5% to US$53.41. South Africa saw a 6.3% increase in occupancy to 57.4% as well as double-digit growth in ADR (+12.2% to ZAR1,254.81) and RevPAR (+19.3% to ZAR719.96). The country’s performance was pushed by solid demand g
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