Positive YOY Results for US Hotel Industry for Week Ending March 10th - 2018
During the week of 4-10 March 2018, the U.S. hotel industry reported occupancy increased 1.1% to 68.1%, ADR increased 2% to $131.46 and RevPAR rose 3.1% to $89.53.
The Canadian hotel industry reported occupancy rose 2.7% to 61.4% during the week of 4-10 March 2018, while ADR increased 4.7% to 154.55 Canadian dollars ($119.03) and RevPAR jumped 7.5% to CA$94.88 ($73.07).
Preliminary February 2018 data from STR shows hotels in Abu Dhabi, United Arab Emirates, saw occupancy increase 5.1% to 81%, but ADR decreased 23.3% to 431.34 Emirati dirhams ($117.45) and RevPAR fell 19.4% to 349.20 dirhams ($95.09).
For the Caribbean it was a year of severe hurricanes and huge damage, including to hotels, harbours and airports. And yet 2017 was also a year of records. For the first time 30.1 million visitors came and stayed on the islands spanning the Caribbean from Florida to Venezuela, 517,000 more than in 2016. This was reported by the Caribbean Tourism Organization (CTO) at ITB Berlin.
The total number of hotel guests staying in Abu Dhabi during January rose 7.4% versus the same month a year ago, building on the success of a record-breaking 2017 when close to a total of five million people stayed in the emirate.