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: Preliminary December 2016 data for Dubai According to preliminary December 2016 data from STR, Dubai hotels reported a 3.2% occupancy increase to 79.7%, but an 8.4% ADR drop to 824.58 Emirati dirham ($224.50) drove a 5.4% RevPAR decrease to 657.37 Emirati dirham ($178.98). Full Article Here STR: Preliminary December 2016 data for London Hotels …
STR: Preliminary November 2016 data for Abu Dhabi STR’s preliminary November 2016 performance data for Abu Dhabi shows that the market’s hotels reported a 3.1% occupancy decrease to 81%, an 11.1% ADR decrease to 660.14 Emirati dirham ($179.73) and a 13.8% RevPAR decline to 534.97 Emirati dirham ($145.65). Full Article Here STR: Asia/Pacific hotel performance …
