STR Reports on Bushfire Impact on New South Wales Hotel Performance

A submarket within a two-hour-drive radius from Greater Sydney has seen pronounced hotel performance declines from the ongoing bushfires in Australia.

Total U.S. Hotel Booking Window and Average Length of Stay Continue to Compress�- November 2019

Growth in hotel demand exceeded supply growth, both in November, and YTD, as evidenced by increases in both Guest Paid RevPAR and Occupancy.

Hotels in the Asia Pacific Region Report Negative Results for 2019

Hotels in the Asia/Pacific region reported occupancy dipped 1.3% to 69.3% in 2019 while ADR dropped 2% to $98.73 and RevPAR fell 3.2% to $68.38.

U.S. Hotel Industry Posts Record Levels in 2019, but Lowest Growth Since Recession

In 2019, U.S. hotels posted flat occupancy growth (66.1%), ADR rose 1% to $131.21 and RevPAR increased 0.9% to $86.76 compared to 2018.

Hospitality Market Reports