This category will contain any updates that is related to STR news, results and trends
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 this vast uncertainty has had on “normal” business trading for the South African hospitality sector. …
LOCKDOWNS, LOSSES AND LIVELIHOODS – THE DATA BEHIND THE DECIMATION Read More »
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 (ADR): +0.9% to US$100.57 •Revenue per available room (RevPAR): +3.6% to US$71.31 South Korea …
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 10.2% to 394.39 Emirati dirhams ($107.43). Based on daily data from December, Abu Dhabi reported …
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 up 15.3% to 376.88 Emirati dirhams ($102.60). Based on daily data from October, Abu Dhabi …
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). Supply: +2.0% Demand: +0.2% Occupancy: -1.7% to 88.5% Average daily rate (ADR): -7.9% to EUR121.73 …
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 $71.04. Full Article Here STR: Central/South America hotel data for Q1 2017 The Central/South America …
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: Preliminary March 2017 data for Dubai hotels Dubai’s hotel market reported performance declines according …
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 Abu Dhabi hotels Preliminary February performance data for Abu Dhabi shows occupancy was nearly flat …
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 to 345.68 Emirati dirham ($94.12). Full Article Here STR: Asia/Pacific hotel performance for January 2017 …
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 Pacific Region Occupancy: +1.6% to 69.0% Average daily rate (ADR): -0.9% to US$100.46 Revenue per …
