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- 193. STR Reports Global Hotel Pipelines for December 2011
Among the Chain Scale segments, the Upper Upscale segment accounted for the largest portion of in the total active pipeline (25.6% with 91,192 rooms). Three other segments each accounted for more than 15% of rooms in the total active pipeline: the Upscale segment (23.0% with 81,748 rooms); the Luxury segment (19.1% with 67,847 rooms); and the Unaffiliated segment (15.2% with 54,027
- 194. Positive RevPAR Growth by 2013 @ Hotels in Barcelona and Tokyo
Barcelona's outlook shows only slight changes in performance for this and next year. This follows stronger growth in 2011, when Barcelona saw RevPAR performance grow by 8.5% to Ä81.68. Growth was led by increased occupancy (+4.5%) and rate (+3.8%). Whilst the economic forecast in the Euro zone remains uncertain, STR's forecast predicts that RevPAR will decline (-0.7%) in 2012 befor
- 195. STR Reports Asia Pacific Hotel Results for September 2013
The regionís occupancy ended the month with a 0.7% increase to 68.5%, ADR dropped 5.9% to US$118.94, and RevPAR was down 5.2% to US$81.45. Year-to-date September 2013, the regionís occupancy was down 0.3% to 67.5%; its ADR dropped 3.8% to US$121.99; and its RevPAR decreased 4.1% to US$82.29.
- 196. 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.
- 197. Hotels in Asia Pacific Report Q1 2016 Increase in OR and RevPAR
Compared with Q1 2015, hotels in the Asia Pacific region reported an 1.7% increase in occupancy to 66.6%, ADR remained nearly flat (-0.2% to US$105.04) while RevPAR rose 1.5% to US$69.93. Thailand posted positive results in each of the three key performance measurements: occupancy (+4.6% to 83.6%), ADR (+1.4% to THB4,139.08) and RevPAR (+6.0% to THB3,459.55). STR analysts note that
- 198. Hotels in Americas Report Increase in ADR and RevPAR
Chile experienced a 7.9% decrease in occupancy to 61.3%. However, ADR was up 12.7% to CLP85,582.04, and RevPAR increased 3.8% to CLP52,466.78. The country hosted Copa Amťrica in June and early July, and according to STR Global analysts, the tournament led to the displacement of tourist arrivals in August. However, the rise in ADR favored U.S. Dollar countries, and RevPAR increased
- 199. Occupancy Declines Hit Hotels in Thailand
Occupancy Declines Hit Hotels in Thailand. Over the five months from November 2008 to March 2009, the four Thai markets tracked by STR Global have reported monthly declines of more than 30% in revenue per available room (RevPAR) against the comparable period the previous year.
- 200. STR Releases Preliminary Data from 2012 Global Profitability Survey
In China, Tianjin GOPPOR increased by 19.5% year on year in 2011 as RevPAR grew by 18.2%. Tianjin reported increasing rooms department profit (+2.4%) whilst F&B profit declined by 8.8%. In Delhi, India, declining rate and occupancy in 2011 led the city RevPAR to decrease year on year by 14.2% to US$114.53. As a result, room department profit POR declined by US$22.08, leading GOPPOR
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