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- 1. Hotels in Asia Pacific Report October 2017 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, October 2017 vs. October 2016, hotels in Asia Pacific reported a 0.7% increase in Occupancy to 71.7%, ADR was up 2.3% to US$104.15, while RevPAR increased 2.9% to US$74.68. In local currency, hotels in Hong Kong reported a rise in Occupancy Rates of 1.3% to 91.8%, ADR grew 2.6% to HKD1,395.12 and RevPAR jumped 3.9% to HKD1,281.33.
- 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. 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
- 6. 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
- 7. Hotels in Asia Pacific Report February 2016 Increase in ADR, OR and RevPAR
Compared with February 2015, hotels in the Asia Pacific region reported a 0.3% increase in OR to 64.2%, a 0.6% rise in ADR to US$109.42 and an 1.0% increase in RevPAR to US$70.28. Indonesia experienced a 2.5% increase in occupancy to 56.3% but decreases in ADR (-4.7% to IDR 1,045,671.00) and RevPAR (-2.3% to IDR 588,469.78). Hong Kong reported decreases across the three key perform
- 8. 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 América 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
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