Sydney Hotel Industry Reports Performance Decline for January 2019

STR’s preliminary January 2019 data for hotels in Sydney indicates lower occupancy and room rates influenced by supply growth.

Negative YOY Performance for US Hotel Industry for Week Ending January 26th - 2019

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.

Positive YOY Performance for US Hotel Industry for Week Ending February 2nd - 2019

During the week of 27 January to 2 February, U.S. hotel occupancy was mostly flat (+0.1% to 56.7%), but a 2.3% ADR increase to $124.95 drove RevPAR up 2.4% to $70.83.

Positive YOY Metrics for Canadian Hotel Industry Week Ending 2 February 2019

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).

Hospitality Market Reports