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- 1. RevPAR of Hotels in USA Forecast to Drop 50.6% in 2020
STR and Tourism Economics have predicted the U.S. hotel industry will report a 50.6% decline in RevPAR in 2020. Supply is forecast to decline by 14.9%, demand by -51.2%, occupancy by -42.6% to 37.9%, ADR by -13.9% to US$112.91, and RevPAR by -50.6% to US$42.84.
- 2. IHGís Greater China RevPAR Up 29.4% in H1 2010
IHGís 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
- 3. 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 Ä99 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%.
- 4. 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
- 5. 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
- 6. 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 countryís hotels, as there were only two days without double-digit growth in RevPAR. Rate growth has been the driving factor for Irelandís
- 7. 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 Europeís top-performing countries in RevPAR were Malta (+52.1%), Spain (+21.9%) and Italy (+19.2%).
- 8. 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, Europeís 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.
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