Tag: RevPAR

November 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023. For 2023, growth in RevPAR was raised by 0.3 percentage points, due […]

November 14, 2023

Madrid’s hotel average daily rate (ADR) and revenue per available room (RevPAR) reached the highest monthly levels on record, according to October 2023 preliminary data from CoStar. October 2023 (year-over-year % change): Occupancy: 81.9% (+2.0%) Average daily rate (ADR): EUR204.35 […]

September 8, 2023

Following seasonal patterns, U.S. hotel performance showed mixed results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 2 September. 27 August through 2 September 2023 (percentage change from comparable week in 2022): […]

June 27, 2023

In the highly competitive world of hospitality, it’s crucial for you to understand and analyse the key performance indicators regarding hotel revenue. One such metric that holds significant importance is Revenue per Available Room (RevPAR), it is the most commonly […]

May 26, 2023

Canada’s hotel revenue per available room (RevPAR) came in above CAD100 for the third consecutive month, according to STR’s April 2023 data. April 2023 (year-over-year percentage change) Occupancy: 62.7% (+9.3%) Average daily rate (ADR): CAD178.80 (+14.8%) Revenue per available room […]

March 29, 2023

STR’s global “bubble chart” update through 18 March 2023 shows growing momentum in the Asia Pacific region and more than half of markets globally with better than 20% growth in revenue per available room (RevPAR) versus 2019. Among all countries […]

February 27, 2023

U.S. performance On the back of a solid Presidents’ Day weekend, U.S. hotel occupancy reached a 13-week high (60.8%) with an increase of 1.9 percentage points (ppts) versus the comparable week last year. Average daily rate (ADR) improved 10% year […]

February 23, 2023

U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 February. 12-18 February 2023 (percentage change from comparable week in 2019*): Occupancy: 60.8% (-5.5%) Average daily rate (ADR): US$156.10 (+19.5%) Revenue per available room (RevPAR): […]

February 22, 2023

India’s hotel industry turned in a stellar 2022 with revenue per available room (RevPAR) 100% recovered to pre-pandemic levels even with a devastating start to the year caused by a surge in the Omicron variant. Steeper declines, sharper inclines Recovery […]

February 20, 2023

Following seasonal patterns, the U.S. hotel industry reported lower performance from the month prior, according to January 2023 data from STR. January 2023 (percentage change from January 2019): Occupancy: 52.8% (-3.0%) Average daily rate (ADR): US$142.14 (+13.8%) Revenue per available […]

January 25, 2023

Canada’s hotel average daily rate (ADR) and revenue per available room (RevPAR) were the highest for any year on record, according to STR’s 2022 data. 2022 (percentage change from 2019) Occupancy: 61.1% (-6.0%) Average daily rate (ADR): CAD181.73 (+10.0%) Revenue […]

November 30, 2022

STR’s global ‘bubble chart’ update through 19 November 2022 showed the strongest performance of the year thus far. Egypt, Argentina, Israel, Singapore, and the United Arab Emirates were the top five performing countries in revenue per available room (RevPAR) on […]

August 11, 2022

STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just presented at the 14th Annual Hotel Data Conference. Revenue per available room (RevPAR) remains on track […]

June 23, 2022

U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal and inflation-adjusted basis, according to STR‘s latest data through 18 June. 12-18 June 2022 (percentage change from comparable week in 2019*): Occupancy: 71.8% (-4.8%) Average […]

June 16, 2022

U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis, according to STR‘s latest data through 11 June. 5-11 June 2022 (percentage change from comparable week in […]

April 7, 2022

Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report occupancy of approximately 58% for the first quarter of 2022 with an average daily rate of approximately $166 resulting in RevPAR of approximately $97. This RevPAR […]

September 28, 2021

STR’s monthly 51-chart map focusing on revenue per available room (RevPAR) on a total-room-inventory basis shows a variety of recent national/regional market trends as well as the general pace of the industry’s continued recovery from the pandemic. With Labor Day […]

August 18, 2021

HENDERSONVILLE, Tennessee — The U.S. hotel industry reported all-time monthly highs in average daily rate (ADR) and revenue per available room (RevPAR) on a nominal basis, according to July 2021 data from STR. July 2021 (percentage change from July 2019): […]

January 21, 2021

U.S. weekly hotel occupancy climbed back to the 40% mark, according to STR‘s latest data through 16 January. 10-16 January 2021 (percentage change from comparable week in 2020): Occupancy: 40.1% (-31.8%) Average daily rate (ADR): US$89.39 (-31.9%) Revenue per available […]

June 30, 2020

Status of hotel re-opening programme The pace of hotels reopening has continued to accelerate through the second quarter, with only 10% of the global estate currently still closed. In the Americas region, around 5% are closed; these are predominantly managed […]