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- 1. Hotels in MEA Report Increase in ADR, OR and RevPAR
According to July 2015 data compiled by STR Global, hotels in the Middle East/Africa region reported positive results in the three key performance metrics when reported in U.S. dollar constant currency. Compared to July 2014, the Middle East/Africa region reported a 12.1% increase in occupancy to 55.1%, a 5.3% rise in ADR to US$159.10 and an 18.1% increase in RevPAR to US$87.69.
- 2. Hotels in Americas Report Positive ADR, OR and RevPAR
According to July 2015 data compiled by STR, hotels in the Americas region recorded positive results in the three key performance metrics when reported in U.S. dollar constant currency. Compared to July 2014, hotels in the Americas region reported a 2.2% increase in occupancy to 74.8%, a 5.8% increase in ADR to US$124.78 and an 8.2% increase in RevPAR US$93.37.
- 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 Asia Report Increase in OR, ADR and RevPAR; Occupancy at Hotels in Thailand Up 30.5%
Compared to July 2014, hotels in the Asia Pacific region reported a 2.1% increase in occupancy to 70.7%, a 1.1% rise in average daily rate to US$105.12 and a 3.2% increase in revenue per available room to US$74.34. Thailand saw the largest year-on-year increase in occupancy (+30.5% to 76.5%) of any country in the Asia Pacific region as well as significant growth in RevPAR (+34.5% t
- 6. Liverpool beats Falling UK RevPAR Trend
Liverpool beats Falling UK RevPAR Trend. Of all UK cities, Liverpool is a shining exception. Liverpool reported the 16% RevPAR growth to #56 for year-to-September. Both occupancy (79%) and average room rates (#71) benefited. Liverpool increased RevPAR by 3% in October and 26% for the first nine days in November-due in part to hosting the MTV European Music Awards on 6 November.
- 7. Hotels in US Report Increase in RevPAR, ADR and OR; Orlando Leading OR and RevPAR Growth
In year-on-year results, the U.S. hotel industry’s occupancy rates increased 2.3% to 75.3%; ADR rose 5.9% to US$124.32; and RevPAR increased 8.3% to US$93.61. Ten of those markets posted double-digit RevPAR growth, led by Orlando, Florida (+19.4% to US$93.24). Nashville, Tennessee (+17.4% to US$102.16), and Atlanta, Georgia (+15.1% to US$82.72), were the other two markets to post R
- 8. RevPAR Premium Declines for Dubai’s Beach Hotels
RevPAR Premium Declines for Dubai’s Beach Hotels. Dubai has suffered dramatically compared to the overall Middle East region as a result of the recent economic crisis. The year-on-year percentage change in revenue per available room (RevPAR) through March 2009 declined 35.9% in Dubai, driven mainly by falls in average daily rate (ADR); RevPAR decline for the entire region was only
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