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- 1. 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,
- 2. Hotels in Europe Report Increase in ADR, OR and RevPAR
Compared to October 2014, Europe reported a 2.5% increase in occupancy to 76.1%, a 6.5% increase in ADR to EUR117.78 and a 9.2% increase in RevPAR to EUR89.58. Paris, France, saw minor decreases in the three key performance measurements: occupancy (-0.4% to 85.7%), ADR (-1.2% to EUR279.48) and RevPAR (-1.6% to EUR239.57). Performance in the market was weakened due to a lack of even
- 3. Hotels in Asia Pacific Report Increase in ADR, OR and RevPAR
Compared to October 2014, hotels in the Asia Pacific region reported a 0.8% increase in occupancy to 71.7%, a 1.7% rise in ADR to US$113.50 and a 2.6% increase in RevPAR to US$81.42. Hong Kong reported a 3.5% increase in occupancy to 88.5%. However, ADR in the market was down 7.4% to HK$1,809.54, and RevPAR fell 4.1% to HK$1,602.07. The increase in occupancy came as demand increase
- 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. 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. Hotels in U.S. Report Increase in ADR and RevPAR; Denver RevPAR Up 11.5%
In year-on-year results, the U.S. hotel industry’s occupancy rates decreased 1.4% to 70.7%; ADR was up 3.6% to US$122.32; and RevPAR increased 2.2% to US$86.46. Among the Top 25 Markets, Denver, Colorado, reported the only double-digit increases in ADR (+10.0% to US$128.16) and RevPAR (+11.5% to US$109.64). Occupancy in the market increased 1.4% to 85.5%. Dallas, Texas, followed in
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