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- 97. Hotels in U.S. Report Q1 2015 OR, ADR and RevPAR Increases; Phoenix Shines
According to data compiled from STR, the U.S. hotel industry reported positive results in the three key performance metrics for the first quarter of 2015. In year-on-year results, occupancy was up 3.1% to 61.1%; ADR rose 4.7% to US$117.09; and RevPAR increased 8.0% to US$71.56. In addition, industry demand increased 4.2% during the first quarter, while supply was up 1.0%.
- 98. Hotels in U.S. Enjoy 8.3% RevPAR Increase in 2014; Nashville Tops List with 19%
According to data compiled by STR, the U.S. hotel industry reported positive results in the three key performance metrics during 2014. Overall, in year-on-year results, the U.S. hotel industry’s occupancy was up 3.6% to 64.4%; ADR rose 4.6% to US$115.32; and RevPAR increased 8.3% to US$74.28.
- 99. Hotels in Central/South America Report Q1 2016 Decrease in Occupancy
Compared with Q1 2015, hotels in the Central/South America region reported a 4.6% decrease in occupancy to 55.8%, a 9.7% increase in ADR to US$96.39, and a 4.7% rise in RevPAR to US$53.79. Argentina saw a 3.7% decrease in occupancy to 56.4% but significant growth in ADR (+54.8% to ARS1,637.70) and RevPAR (+49.1% to ARS923.90) due to the sharp devaluation of the Argentine peso and h
- 100. Hotels in Europe Report Q2 2017 Increase in ADR, OR and RevPAR
The hotel industry in Europe reported positive results in the three key performance metrics for the second quarter of 2017 In the United Kingdom Q2 2017 Occupancy rose by 1.0% to 79.6%, ADR was up 5.2% to GBP94.22 and RevPAR increased by 6.3% to GBP75.05.
- 101. Hotels in Asia Report Increase in OR, ADR and RevPAR; Occupancy at Hotels in Thailand Up 30.5%
Compared to July 2014, hotels in the Asia Pacific region reported a 2.1% increase in occupancy to 70.7%, a 1.1% rise in average daily rate to US$105.12 and a 3.2% increase in revenue per available room to US$74.34. Thailand saw the largest year-on-year increase in occupancy (+30.5% to 76.5%) of any country in the Asia Pacific region as well as significant growth in RevPAR (+34.5% t
- 102. RevPAR at Hotels in Asia Pacific Down 6.2%; Thailand Up 23.9%
According to data compiled by STR Global, hotels in the Asia Pacific region experienced negative year-on-year results in the three key performance metrics during March 2015 when reported in U.S. dollars. The region’s occupancy rates for March fell 0.3% to 68.7%, ADR dropped 5.9% to US$111.16, and RevPAR decreased 6.2% to US$76.34.
- 103. Hotels in Asia Pacific Report Drop in RevPAR; ADR in Hong Kong Down 10.9%
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed year-on-year results in the three key performance metrics during April 2015 when reported in U.S. dollars. The region’s occupancy for April increased 1.6% to 69.6%, ADR dropped 5.6% to US$109.77, and RevPAR decreased 4.1% to US$76.43.
- 104. STR Reports Europe Hotel Results for March 2015
Amongst Europe’s sub-regions, hotels in Northern Europe saw double-digit growth in ADR (+14.2% to EUR110.53) and RevPAR (+16.2% to EUR80.31) when compared to March 2014. Within the sub-region, hotels in Ireland drove the increases with significant gains in both ADR (+9.4% to EUR97.33) and RevPAR (+17.9% to EUR71.81). Southern Europe (+13.0% to EUR61.90) also experienced a double-di
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