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- 1. Hotels in Europe Report February 2017 Increase in ADR, OR and RevPAR
In Euro constant currency and year-on-year comparison, Europe experienced an increase in occupancy of 2.9% to 64.5%, ADR grew 1.8% to EUR100.08 while RevPAR jumped 4.7% to EUR64.59. In local currency, year-on-year comparison, Hungary experienced an increase in occupancy of 12.0% to 58.1%, ADR rose 4.8% to HUF19,919.04, and RevPAR was up by 17.3% to HUF11,566.69.
- 2. Hotels in Asia Pacific Report February 2017 Increase in OR and RevPAR
In U.S. dollar constant currency year-on-year comparisons, occupancy in the Asia Pacific region grew by 8.0% to 68.7% while ADR fell 5.0% to US$102.95 and RevPAR increased 2.6% to US$70.67. According to the Association of Thai Travel Agents, arrivals from Mainland China decreased 23.1% from 1 January to 10 March 2017 when compared with the same date range in 2016
- 3. IHG’s Greater China RevPAR Up 29.4% in H1 2010
IHG’s Greater China RevPAR Up 29.4% in H1 2010. InterContinental Hotels Group has reported that RevPAR in the Asia Pacific region increased 13% in the first half, with second quarter growth of 16.1%. Greater China was the strongest performing region with RevPAR growth of 29.4%, boosted by the Global Expo in Shanghai where RevPAR grew by an impressive 48.4%. Revenues increased 29% t
- 4. Hotels in Turin beat Italian RevPAR Decline in October 2008
Hotels in Turin beat Italian RevPAR Decline in October 2008. The latest hotel performance data available from STR Global shows Italian revenue per available (RevPAR) room dropping 20% to €99 in October 2008. Italian hoteliers have seen declines in RevPAR since May 2008, and October was no different as Turin was the lone major city to report RevPAR growth - up 18%.
- 5. Hotels in U.S.A. Report February 2017 Increase in ADR and RevPAR
According to data from STR, the U.S. hotel industry reported mixed results in the three key performance metrics in February 2017. In a year-on-year comparison with February 2016 occupancy dropped 0.5% to 61.2%, ADR grew by 1.7% to US$123.24 and RevPAR increased 1.2% to US$75.37.
- 6. Hotels in Europe Report 5.2% Increase in RevPAR
Compared with February 2015, hotels in Europe reported an 1.5% increase in OR to 63.1%, a 3.7% rise in ADR to EUR102.98 and a 5.2% increase in RevPAR to EUR65.01. Edinburgh, Scotland, reported a 1.1% increase in occupancy to 71.4%, a 2.7% rise in ADR to £71.56 and a 3.9% lift in RevPAR to £51.07. The absolute occupancy was a February record for Edinburgh, and RevPAR reached its hig
- 7. Hotels in Asia Pacific Report Q2 2016 Increase in OR and RevPAR
Compared with the three key performance metrics from Q2 2015, the Asia Pacific region reported a 1.3% increase in occupancy to 68.3%, ADR was down 1.1% to US$96.95 while RevPAR was nearly flat (+0.2% to US$66.18). Phuket, Thailand, experienced increases in occupancy (+8.7% to 70.3%) and RevPAR (+6.6% to THB2,027.98). ADR in the market was down 2.0% to THB2,883.46. RevPAR has increa
- 8. Europe Reports Q3 2016 Increase in ADR and RevPAR
Ireland recorded its 10th consecutive quarter of double-digit RevPAR growth. Occupancy increased 0.6% to 89.6%, and ADR grew 13.9% to EUR133.04, resulting in a 14.5% lift in RevPAR to EUR119.22. September was a particularly strong month for the country’s hotels, as there were only two days without double-digit growth in RevPAR. Rate growth has been the driving factor for Ireland’s
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