The Impact of Lockdown In times of such insecurity, it is a shame that nobody in our industry has that elusive crystal ball. What we do have available is big data, and this data is invaluable in quantifying the impact […]
STR: Asia/Pacific 2017 hotel performance Hotels in the Asia/Pacific region saw occupancy increase by 2.6% to 70.9% in 2017, while ADR rose 0.9% to $100.57 and RevPAR increased 3.6% to $71.31. Asia Pacific •Occupancy: +2.6% to 70.9% •Average daily rate […]
STR: Preliminary December data for Abu Dhabi hotels Hotels in Abu Dhabi, United Arab Emirates, reported occupancy increased 8% to 79.4%, according to preliminary STR data. ADR also increased 2.1% to 496.70 Emirati dirhams ($135.30), which boosted RevPAR up […]
STR: Preliminary October data for Abu Dhabi hotels Abu Dhabi’s hotel market posted positive year-over-year performance in October, according to preliminary data from STR. Occupancy grew 12.7% to 80.9%, ADR increased 2.3% to 465.58 Emirati dirhams ($126.75) and RevPAR was […]
STR: Preliminary September data for Berlin hotels Berlin’s hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59). […]
STR: Asia/Pacific hotel performance for Q1 2017 In the first quarter of 2017, hotels in the Asia/Pacific region reported mostly year-over-year performance increases. Occupancy increased 3.3% to 68.3%, ADR was nearly flat (-0.3% to $104) and RevPAR jumped 3% to […]
STR: Preliminary March 2017 data for Berlin hotels According to preliminary March data from STR, hotels in Berlin saw occupancy increase 3.8% to 75.2%, ADR increase 6.8% to €100.58 ($106.36) and RevPAR increase 10.9% to €75.67 ($80.02). Full Article Here […]
STR: Asia/Pacific hotel performance for February 2017 During February 2017, Asia/Pacific hotels reported an 8% occupancy increase to 68.7%, a 5% ADR decrease to $102.95 and a 2.6% RevPAR increase to $70.67. Full Article Here STR: Preliminary February data for […]
STR: Preliminary January data for Abu Dhabi hotels Preliminary January 2017 data for Abu Dhabi shows the market experienced a 1.4% occupancy decline to 74.2%, a 10% ADR decrease to 465.80 Emirati dirham ($126.82) and an 11.2% drop in RevPAR […]
STR: 2016 Asia/Pacific Hotel Performance According to full-year 2016 performance data from STR, hotels in the Asia/Pacific region experienced a 1.6% occupancy increase to 69%, and while ADR fell 0.9% to $100.46, RevPAR rose slightly by 0.6% to $69.34. Asia […]