Hospitality Market Reports

In the third quarter of 2019, U.S. hotel occupancy was mostly flat (-0.1% to 70.9%), but a 0.8% year-over-year ADR lift to $133.25 pushed RevPAR up 0.7% to $94.42. continue reading →

Only hotels in the South Atlantic region experienced a positive price momentum during this period. The performance of hotels in non-gateway cities declined at a faster rate relative to those in gateway cities. Hotel financial operating performance has finally returned to positive profitability with operating profit exceeding both a hotel property’s operating costs as well as financial (borrowing) cost, based on economic value analysis (EVA). continue reading →

During the week of 6-12 October, U.S. hotel occupancy fell 1.4% to 70.8%, ADR dipped 1.2% to $131.38 and RevPAR decreased 2.6% to $92.99. continue reading →

Canadian hotel occupancy rose 1.6% to 70.4% during the week of 6-12 October while ADR increased 0.7% to 158.96 Canadian dollars ($120.90) and RevPAR rose 2.3% to CA$111.91 ($85.11). continue reading →

Hotels in Sydney reported occupancy fell 3.5% to 79.6% in September, according to preliminary STR data. ADR decreased 2.6% to 205.44 Australian dollars ($138.60) and RevPAR declined 6.1% to AU$163.60 ($110.37). continue reading →

Hotels in Abu Dhabi, United Arab Emirates, reported occupancy rose 8.3% to 72.9%, ADR increased 1.2% to 341.72 Emirati dirhams ($93.05) and RevPAR rose 9.6% to 249.03 dirhams ($67.81). continue reading →

In September, London hotel occupancy change was mostly flat (-0.1% to 86.9%), but a 7.9% ADR increase to £170.63 ($215.27) drove RevPAR up 7.7% to £148.33 ($187.14). continue reading →

U.S. hotel occupancy decreased 3.9% to 68.1% during the week ending 5 October. ADR similarly dropped 3.8% to $129.21, which led to an overall RevPAR decline of 7.5% to $88. continue reading →

During the week of 29 September through 5 October, Canadian hotel occupancy fell 3.3% to 72.2%, ADR dipped 1% to 165.15 Canadian dollars ($124) and RevPAR decreased 4.3% to CA$119.17 ($89.48). continue reading →

Turn disruption into opportunity - To win, hoteliers need to embrace technology to increase efficiency, reduce processes, manage data and enhance the customer journey. continue reading →