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- 97. 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.
- 98. 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.
- 99. 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.
- 100. 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
- 101. 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%.
- 102. 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.
- 103. 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
- 104. 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.
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