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- 9. Hotels in Central/South America Report Increase in ADR and RevPAR
Compared with 2014, the Central/South America region reported a 3.9% decrease in occupancy to 58.1%, ADR grew 4.5% to US$117.76, while RevPAR increased 0.4% to US$68.45. Peru experienced a 2.7% dip in occupancy to 65.0% but increases in ADR (+10.1% to PEN457.39) and RevPAR (+7.1% to PEN297.37). October was the strongest month of 2015 for Peru (RevPAR +30.4%) as Lima hosted the Annu
- 10. Hotels in Americas Report Increase in ADR, OR and RevPAR
Compared to October 2014, the Americas region reported a 1.2% increase in occupancy to 68.5%; ADR was up 5.2% to US$123.74; and RevPAR increased 6.5% to US$84.80. Brazil saw decreases in occupancy (-5.6% to 59.2%) and RevPAR (-3.3% to BRL165.08). ADR in the country was up 2.4% to BRL279.06. The negative performance in occupancy and RevPAR follows a trend that began in August 2014,
- 11. Liverpool beats Falling UK RevPAR Trend
Liverpool beats Falling UK RevPAR Trend. Of all UK cities, Liverpool is a shining exception. Liverpool reported the 16% RevPAR growth to #56 for year-to-September. Both occupancy (79%) and average room rates (#71) benefited. Liverpool increased RevPAR by 3% in October and 26% for the first nine days in November-due in part to hosting the MTV European Music Awards on 6 November.
- 12. Hotels in US Report Increase in RevPAR, ADR and OR; Orlando Leading OR and RevPAR Growth
In year-on-year results, the U.S. hotel industry’s occupancy rates increased 2.3% to 75.3%; ADR rose 5.9% to US$124.32; and RevPAR increased 8.3% to US$93.61. Ten of those markets posted double-digit RevPAR growth, led by Orlando, Florida (+19.4% to US$93.24). Nashville, Tennessee (+17.4% to US$102.16), and Atlanta, Georgia (+15.1% to US$82.72), were the other two markets to post R
- 13. Hotels in U.S. Report Increase in ADR and RevPAR; Denver RevPAR Up 11.5%
In year-on-year results, the U.S. hotel industry’s occupancy rates decreased 1.4% to 70.7%; ADR was up 3.6% to US$122.32; and RevPAR increased 2.2% to US$86.46. Among the Top 25 Markets, Denver, Colorado, reported the only double-digit increases in ADR (+10.0% to US$128.16) and RevPAR (+11.5% to US$109.64). Occupancy in the market increased 1.4% to 85.5%. Dallas, Texas, followed in
- 14. RevPAR Premium Declines for Dubai’s Beach Hotels
RevPAR Premium Declines for Dubai’s Beach Hotels. Dubai has suffered dramatically compared to the overall Middle East region as a result of the recent economic crisis. The year-on-year percentage change in revenue per available room (RevPAR) through March 2009 declined 35.9% in Dubai, driven mainly by falls in average daily rate (ADR); RevPAR decline for the entire region was only
- 15. STR Forecasts RevPAR Growth for Remainder of 2011
STR Forecasts RevPAR Growth for Remainder of 2011. RevPAR growth between 10.5% (Cologne) and 24.7% (Hong Kong) is forecast for all 10 of the best performers in 2011. The forecast for the best performers in 2012 has RevPAR growth within a range from 6% (London) to 9.6% (Singapore).
- 16. U.S. Hotel Industry records 0.8% RevPAR Decline in August 2008
U.S. Hotel Industry records 0.8% RevPAR Decline in August 2008. The U.S. hotel industry posted a 0.8% decline in RevPAR for the month of August 2008, according to data from Smith Travel Research (STR). The monthly decrease in RevPAR was precipitated by declining occupancy, while ADR continued to increase.
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