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- 1. Hotels in APAC Report Q2 2017 Increase in ADR, OR and RevPAR; Vietnam’s RevPAR Up 13.7%
According to data compiled by STR, the Asia Pacific hotel industry reported positive results in the three key performance metrics during the second quarter of 2017. In U.S. dollar constant currency, Q2 2017 vs. Q2 2016, the Asia Pacific region reported a 3.1% increase in Occupancy to 70.1%, an increase in ADR of 0.9% to US$97.39, and RevPAR jumped 4.1% to US$68.24.
- 2. ADR Increasing in New Zealand
ADR Increasing in New Zealand. Nationwide, ADR has improved by 3% to NZ$138 in the first two months of 2011 despite a 2.1% fall in occupancy. Auckland and Queenstown improved their ADR year-to-February, reporting NZ$141 and NZ$155, respectively. Wellington, despite a continued drop in rate growth, still reported an ADR of NZ$146 and occupancy of 72 %.
- 3. Hotels in Europe Report May 2016 Increase in ADR and RevPAR
Compared with May 2015, hotels in Europe reported nearly flat occupancy (-0.3 to 73.4%). However, a 2.1% rise in ADR to EUR114.28 drove a 1.7% increase in RevPAR to EUR83.89. Dublin, Ireland, saw a 0.7% dip in occupancy to 88.7% but double-digit increases in ADR (+19.2% to EUR136.87) and RevPAR (+18.4% to EUR121.44). The absolute ADR level was the highest on record for a May in Dub
- 4. 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
- 5. U.S. Hotel Industry Reports Q2 2017 Increase in ADR, OR and RevPAR
According to data compiled by STR, the U.S. hotel industry reported record absolute levels in the three key performance metrics during the second quarter of 2017. Compared with Q2 2016, the industry reported an increase in Occupancy of 0.5% to 69.5%, ADR rose by 2.2% to US$127.43 and RevPAR was up 2.7% to US$88.58.
- 6. Hotels in U.S. Report June 2017 Increase in ADR, OR and RevPAR
According to data compiled by STR, the U.S. hotel industry reported positive results in the three key performance metrics during June 2017. In a year-on-year comparison with June 2016, the industry reported an increase in Occupancy of 0.7% to 73.4%, ADR rose 2.1% to US$129.12, and RevPAR was up 2.8% to US$94.73.
- 7. Hotels in Europe Report Increase in ADR, OR and RevPAR
Compared to September 2014, hotels in Europe reported a 2.3% increase in occupancy to 80.7%, a 5.4% increase in ADR to EUR123.55 and a 7.8% increase in RevPAR to EUR99.76. The United Kingdom saw nearly flat occupancy (+0.3% to 85.3%) and increases in ADR (+5.5% to GBP96.46) and RevPAR (+5.8% to GBP82.27). England is hosting the Rugby World Cup (18 September to 31 October), and hote
- 8. European Hotel Industry Reports Q1 2016 ADR, OR and RevPAR Performance
Compared with Q1 2015, hotels in Europe reported a 0.8% increase in occupancy to 61.1%, a 2.3% rise in ADR to EUR102.98 and a 3.1% lift in RevPAR to EUR62.94. Ireland saw a 4.8% rise in occupancy to 66.4% as well as double-digit growth in ADR (+17.6% to EUR107.84) and RevPAR (+23.2% to EUR71.63). The quarterly performance follows recent trends in the country with March being the 16
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