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- 1. Canadian Hotel Industry Reports Q1 2016 Increase in ADR and RevPAR
Compared with Q1 2015, the Canadian hotel industry’s OR dipped 1.4% to 54.7%; ADR was up 3.4% to CAD136.68; and RevPAR increased 2.0% to CAD74.79. Among the provinces, Prince Edward Island recorded the largest year-over-year increases in occupancy (+18.1% to 36.8%) and RevPAR (+22.0% to CAD36.57). British Columbia posted the only double-digit rise in ADR (+10.1% to CAD151.53) and w
- 2. 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
- 3. 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
- 4. 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
- 5. 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%.
- 6. 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.
- 7. Hotels in Central/South America Report Q1 2016 Decrease in Occupancy
Compared with Q1 2015, hotels in the Central/South America region reported a 4.6% decrease in occupancy to 55.8%, a 9.7% increase in ADR to US$96.39, and a 4.7% rise in RevPAR to US$53.79. Argentina saw a 3.7% decrease in occupancy to 56.4% but significant growth in ADR (+54.8% to ARS1,637.70) and RevPAR (+49.1% to ARS923.90) due to the sharp devaluation of the Argentine peso and h
- 8. 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
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