As we are moving further and further away from the dreaded lock down and COVID era we are starting to see some normalization within our industry again. Restrictions are being removed, air lift is increasing and in turn we are seeing the occupancies following suit, but how is South Africa really doing compared to the …
2022 Overview – How are we really doing as South Africa? Read More »
Derek Martin, Founder & CEO of TrevPAR World has been asked to join a panel at the HVS THINC Africa Tourism, Hotel Investment and Networking Conference on the 5th and 6th of September in Cape Town South Africa. Derek will form part of the “Year that was” panel, a brief discussion on the comparison of …
Founder & CEO of TrevPAR World to speak at THINC Africa 2018 Read More »
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 …
