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233. STR Reports Global Hotel Performance for August 2011
In year-on-year measurements, the Asia Pacific region's occupancy ended the month virtually flat with a 0.1% increase to 68.1%, ADR increased 12.2% to US$142.86, and RevPAR jumped 12.3% to US$97.32.
234. Limited Hotel Pipeline in Poland and Ukraine in Run Up to UEFA 2012
STR Global has released details of its latest hotel pipeline report on Poland and Ukraine in light of the upcoming UEFA European Football Championship taking place between from 8 June to 1 July 2012. By the summer, hotel inventory is expected to increase by 9.4% in Wroclaw, Poland, 8.7% in Kiev, Ukraine, and 1.7% in Warsaw, Poland, compared to the previous year.
235. Hotels in Central / South America Report Decrease in OR; Increase in ADR and RevPAR
Compared with February 2015, hotels in the Central/South America region reported a 2.8% decrease in occupancy to 56.6%. However, ADR was up 10.7% to US$97.73, and RevPAR rose 7.6% to US$55.32. Chile experienced a 3.8% decrease in occupancy to 59.0%. However, ADR was up 5.4% to CLP85,163.94, and RevPAR increased as a result by 1.4% to CLP50,285.40. STR analysts note that ADR has led
236. UK Hotel Industry Reports Positive Results for June 2013
According to data from STR Global, the U.K. hotel industry reported positive results in the three key performance metrics during June 2013. In year-on-year comparisons, nationwide occupancy during the month grew 4.6% to 81.4%, ADR increased 5.2% to GBP89.07 and RevPAR climbed 10.1% to GBP72.49.
237. STR Reports U.S. Hotel Industry’s Q2 2015 Results
Of the Top 25 Markets, nine reported double-digit RevPAR growth during the quarter, led by Seattle, Washington (+16.1% to US$123.26). Nashville, Tennessee, followed with a 13.0% increase to US$104.33. Houston, Texas, was one of two Top 25 Markets to report a decrease in RevPAR, which was down 4.6% to US$79.84. RevPAR in New York, New York, decreased 1.8% to US$239.30.
238. Global Hotel Industry records Positive ADR and RevPAR Growth in July 2008
Global Hotel Industry records Positive ADR and RevPAR Growth for July 2008. The global hotel industry recorded positive growth in average daily rate and revenue per available room for the month of July 2008, according to data from STR and STR Global. July occupancies fell in all but one world region. Data for the survey was gathered from more than 36,150 hotels comprising 4.93 mil
239. STR Reports MEA Hotel Results for November 2015
Compared to November 2014, hotels in the Middle East subcontinent reported a 3.3% decrease in occupancy to 69.2%, while ADR for the month was down 3.3% to US$204.97. RevPAR dropped 6.5% to US$141.90. Hotels in the Northern Africa and Southern Africa subcontinents experienced a 5.0% decline in occupancy to 58.8%, and an increase of 9.7% in ADR to US$115.33. RevPAR increased 4.2% to
240. European Hotel Industry Performance in May 2009
European Hotel Industry Performance in May 2009. The European hotel industry posted mixed year-on-year results when reported in U.S. dollars, euros and British Pounds for May 2009. According to data compiled by STR Global, figures for occupancy, average daily rate and revenue per available room ranged from double-digit losses to single-digit gains, depending on the market and the c

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