STR: Hotel performance for Q3 2016 Summary

TrevPAR World STR Page

STR: Asia/Pacific hotel data for Q3, September 2016

In the third quarter of 2016, the Asia/Pacific region reported a 1.9% occupancy increase to 71.3%, while ADR dipped 1.9% to $97.34 and RevPAR was nearly flat (-0.1% to $69.44) when compared with year-over-year figures. The region also reported mixed results for September 2016.

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STR: C./S. America hotel data for Q3, September 2016

When compared to 2015, the Central/South America region reported mixed results in the third quarter of 2016, as occupancy fell 3.2% to 57.1%, but ADR increased 19% to $98.92 and RevPAR grew 15.2% to $56.45. The region also reported mixed year-over-year performance in September 2016.

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STR: Europe hotel performance for Q3, September 2016

Europe reported positive results in the third quarter of 2016 when compared with the same period in 2015, as occupancy fell just 0.5% to 77.7% but ADR increased 2% to €119.17 ($130.17) and RevPAR grew 1.5% to €92.58 ($101.12). The continent’s key performance indicators also performed positively in September 2016.

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STR: MEA hotel performance for Q3, September 2016

When compared with 2015, hotels in the Middle East reported mixed third-quarter results in 2016, as occupancy increased 1.6% to 63.3%, ADR dropped 9.2% to $160.40 and RevPAR declined 7.7% to $101.51.

Africa reported nearly flat occupancy (+0.2% to 58.6%), while ADR increased 9% to $101.6 and RevPAR grew 9.2% to $59.59.

 

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STR: Mexico hotel performance for Q3 2016

Compared with Q3 2015, the Mexican hotel industry’s occupancy increased 2.1% to 63.5%. Average daily rate was up 14.0% to MXN2,067.44. Revenue per available room grew 16.3% to MXN1,312.17.

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STR: Canada hotel performance for Q3 2016

Compared with Q3 2015, the Canadian hotel industry’s occupancy increased 1.2% to 77.4%. Average daily rate was up 6.8% to CAD164.87. Revenue per available room grew 8.0% to CAD127.53.

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Source – Hotel News Now