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- 1. 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
- 2. 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%.
- 3. 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
- 4. 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
- 5. Hotels in Europe Report Increase in ADR, OR and RevPAR
Compared to November 2014, hotels in Europe reported a 0.8% increase in occupancy to 68.1%, a 4.1% increase in ADR to EUR107.74 and a 4.9% increase in RevPAR to EUR73.40. ADR drove performance for the month, especially in Southern Europe, where RevPAR rose 13.2% to EUR64.13. Southern Europe’s top-performing countries in RevPAR were Malta (+52.1%), Spain (+21.9%) and Italy (+19.2%).
- 6. European Hotel Industry Passes U.S. in RevPAR Growth for First Time Since 2010
According to data from STR, 2015 marked the first year since 2010 in which the European hotel industry passed hotels in the U.S. in year-on-year RevPAR growth. In U.S. dollar constant currency, Europe’s year-end 2015 RevPAR growth reached +6.9% (to US$83.94), while in the U.S. RevPAR increased by 6.3% to US$78.65.
- 7. Hotels in Central/South America Report Increase in ADR and RevPAR
Compared with 2014, the Central/South America region reported a 3.9% decrease in occupancy to 58.1%, ADR grew 4.5% to US$117.76, while RevPAR increased 0.4% to US$68.45. Peru experienced a 2.7% dip in occupancy to 65.0% but increases in ADR (+10.1% to PEN457.39) and RevPAR (+7.1% to PEN297.37). October was the strongest month of 2015 for Peru (RevPAR +30.4%) as Lima hosted the Annu
- 8. Hotels in Americas Report Increase in ADR, OR and RevPAR
Compared to October 2014, the Americas region reported a 1.2% increase in occupancy to 68.5%; ADR was up 5.2% to US$123.74; and RevPAR increased 6.5% to US$84.80. Brazil saw decreases in occupancy (-5.6% to 59.2%) and RevPAR (-3.3% to BRL165.08). ADR in the country was up 2.4% to BRL279.06. The negative performance in occupancy and RevPAR follows a trend that began in August 2014,
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