Hospitality Market Reports Page 2

Canadian hotel occupancy rose 1.8% to 56.6% during the week ending 2 February, while a 2.1% ADR increase to 147.29 Canadian dollars ($111.06) drove RevPAR up 3.9% to CA$83.35 ($62.85). continue reading →

11 key markets in Asia Pacific are highlighted, examining the relationship between branded hotels and their independent counterparts. Who has the most successful brands? Who is growing the fastest? Which market has the least amount of hotels connected to a brand? Who has the most? continue reading →

RevPAR of the Athenian hotel sector increased in 2018 by 10% y-o-y, RevPAR in Thessaloniki by 6.1% y-o-y and the Total Revenue per Available Room of the resort hotels in Greece by 10.1%. However, in all three sectors the growth was driven by room rates, as occupancy improved marginally in 2018. continue reading →

Profit per room at hotels in the Middle East & North Africa fell by 10.6 percent year-over-year in December and contributed to a 6.0-percent decline for full-year 2018, as revenues declined and costs spiraled, according to the latest data tracking full-service hotels from HotStats. continue reading →

Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive year of large gains, according to the latest data tracking full-service hotels from HotStats. continue reading →

Good news: U.S. hotels continue to make money. Year-over-year GOPPAR growth of 1.5 percent in December contributed to a 3.4-percent annual increase in profit for hotels in the U.S., according to data from HotStats tracking full-service hotels. It was the third consecutive year of GOPPAR growth, following YOY increases of 3.7 percent in 2016 and 3.0 percent in 2017. continue reading →

The U.S. hotel industry saw occupancy drop 0.6% to 58% during the week of 20-26 January while ADR dipped 0.3% to $124.05 and RevPAR decreased 0.9% to $71.93. continue reading →

During the week of 20-26 January, Canadian hotel occupancy decreased 1% to 55.9%, ADR rose 0.9% to 145.46 Canadian dollars ($110.60) and RevPAR dipped 0.2% to CA$81.27 ($61.80). continue reading →

A strong finish to 2018 secured a second consecutive year of GOPPAR growth for UK’s hotels, as they sidestepped challenging economic and political conditions, according to the latest data tracking full-service hotels from HotStats. continue reading →

US lodging outlook remains stable, driven by a continued increase in consumer spending; increasing, albeit decelerating business investment; and relatively strong consumer confidence. continue reading →