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- 1. Hotels in Central/South America Report May 2016 Decrease in OR and RevPAR
Compared with May 2015, ADR in the region was up 7.7% to US$88.86 but RevPAR fell 1.8% to US$46.11 and occupancy for the month fell 8.8% to 51.9%. Costa Rica experienced growth in occupancy (+13.3% to 60.0%) and RevPAR (+8.0% to CRC37,509.43). ADR in the country was down 4.6% to CRC62,511.88. Occupancy increased year-on-year for the 14th consecutive month, and absolute occupancy re
- 2. Hotels in Asia Pacific Report May 2016 Decline in ADR and RevPAR
Compared with May 2015, hotels in the Asia Pacific region reported nearly flat occupancy (+0.1% to 67.6%), ADR was down 1.8% to US$95.50, and RevPAR dipped 1.7% to US$64.57. Indonesia posted increases in occupancy (+7.2% to 64.5%) and RevPAR (+5.4% to IDR641,737.24). ADR in the country was down 1.7% to IDR995,519.71. According to the Indonesia Ministry of Culture and Tourism, touri
- 3. Hotels in Europe Report May 2016 Increase in ADR and RevPAR
Compared with May 2015, hotels in Europe reported nearly flat occupancy (-0.3 to 73.4%). However, a 2.1% rise in ADR to EUR114.28 drove a 1.7% increase in RevPAR to EUR83.89. Dublin, Ireland, saw a 0.7% dip in occupancy to 88.7% but double-digit increases in ADR (+19.2% to EUR136.87) and RevPAR (+18.4% to EUR121.44). The absolute ADR level was the highest on record for a May in Dub
- 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. 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 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%).
- 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, 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.
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