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- 1. IHG’s Greater China RevPAR Up 29.4% in H1 2010
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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
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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
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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
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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. Europe Reports Q3 2016 Increase in ADR and RevPAR
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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 country’s hotels, as there were only two days without double-digit growth in RevPAR. Rate growth has been the driving factor for Ireland’s
- 6. Hotels in Europe Report Increase in ADR, OR and RevPAR
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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%).
- 7. European Hotel Industry Passes U.S. in RevPAR Growth for First Time Since 2010
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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.
- 8. Hotels in Central/South America Report Increase in ADR and RevPAR
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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
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