STR 2017 Hotel Performance – By Country

TrevPAR World STR Page

STR: Asia/Pacific 2017 hotel performance

Hotels in the Asia/Pacific region saw occupancy increase by 2.6% to 70.9% in 2017, while ADR rose 0.9% to $100.57 and RevPAR increased 3.6% to $71.31.

Asia Pacific
•Occupancy: +2.6% to 70.9%
•Average daily rate (ADR): +0.9% to US$100.57
•Revenue per available room (RevPAR): +3.6% to US$71.31

 

South Korea
•Occupancy: -7.4% to 65.3%
•ADR: -7.7% to KRW152,157.99
•RevPAR: -14.5% to KRW99,298.30

New Zealand
•Occupancy: +1.1% to 80.2%
•ADR: +10.7% to NZD189.58
•RevPAR: +11.9% to NZD152.06

Vietnam
•Occupancy: +5.9% to 71.3%
•ADR: +3.9% to VND2,791,367.00
•RevPAR: +10.0% to VND1,989,663.96

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STR: Central/South America 2017 hotel performance

The Central/South America region reported occupancy rose 2.2% in 2017 to 56.5%, while ADR increased just 0.7% to $105.24 and RevPAR rose 2.8% to $59.45.

Central/South America
•Occupancy: +2.2% to 56.5%
•Average daily rate (ADR): +0.7% to US$105.24
•Revenue per available room (RevPAR): +2.8% to US$59.45

Argentina
•Occupancy: +9.7% to 62.1%
•Average daily rate (ADR): +18.9% to ARS1,938.05
•Revenue per available room (RevPAR): +30.4% to ARS1,203.03

Brazil
•Occupancy: +0.5% to 53.1%
•Average daily rate (ADR): -12.5% to BRL277.75
•Revenue per available room (RevPAR): -12.1% to BRL147.36

Colombia
•Occupancy: +0.8% to 57.0%
•Average daily rate (ADR): -0.8% to COP259,151.07
•Revenue per available room (RevPAR): flat at COP147,784.05

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STR: Europe 2017 hotel performance

Europe’s hotel industry experienced 2.4% occupancy growth in 2017 to 71.9%, and a 3.1% ADR increase to €110.51 ($136.59) drove RevPAR up 5.6% to €79.46 ($98.22).

Europe
•Occupancy: +2.4% to 71.9%
•Average daily rate (ADR): +3.1% to EUR110.51
•Revenue per available room (RevPAR): +5.6% to EUR79.46

Netherlands

• Occupancy: +3.9% to 74.3%
• ADR: +5.3% to EUR117.93
• RevPAR: +9.4% to EUR87.57

Spain
•Occupancy: +0.7% to 74.6%
•ADR: +8.0% to EUR114.41
•RevPAR: +8.8% to EUR85.29

United Kingdom
•Occupancy: +0.5% to 77.4%
•ADR: +3.6% to GBP92.32
•RevPAR: +4.1% to GBP71.49

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STR: Middle East and Africa 2017 hotel performance

In 2017, hotels in the Middle East saw occupancy fall 1.1% to 65%, ADR drop 4.5% to $164.33 and RevPAR decline 5.6% to $106.89. Africa’s hotel industry, meanwhile, posted a 5.6% occupancy gain to 58%, a 7.4% ADR increase to $104.15 and a 13.4% RevPAR increase to $60.43.

Middle East
•Occupancy: -1.1% to 65.0%
•Average daily rate (ADR): -4.5% to US$164.33
•Revenue per available room (RevPAR): -5.6% to US$106.89

Africa
•Occupancy: +5.6% to 58.0%
•Average daily rate (ADR): +7.4% to US$104.15
•Revenue per available room (RevPAR): +13.4% to US$60.43

Kuwait
•Occupancy: +8.8% to 56.7%
•ADR: -4.7% to KWD62.17
•RevPAR: +3.7% to KWD35.23

South Africa
•Occupancy: -0.5% to 64.0%
•ADR: +3.9% to SAR1,219.07
•RevPAR: +3.3% to SAR780.21

United Arab Emirates
•Occupancy: +0.5% to 75.1%
•ADR: -3.8% to AED599.58
•RevPAR: -3.3% to AED450.04

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