STR – Preliminary December 2017 Data

TrevPAR World STR Page

 

STR: Preliminary December data for Abu Dhabi hotels

Hotels in Abu Dhabi, United Arab Emirates, reported occupancy increased 8% to 79.4%, according to preliminary STR data. ADR also increased 2.1% to 496.70 Emirati dirhams ($135.30), which boosted RevPAR up 10.2% to 394.39 Emirati dirhams ($107.43).

Based on daily data from December, Abu Dhabi reported the following in year-over-year comparisons:

• Supply: +1.5%
• Demand: +9.6%
• Occupancy: +8.0% to 79.4%
• Average daily rate (ADR): +2.1% to AED496.70
• Revenue per available room (RevPAR): +10.2% to AED394.39

Full Article Here

STR: Preliminary December data for Jeddah hotels

Preliminary data for December 2017 for Jeddah, Saudi Arabia, shows hotels in the market saw occupancy decline 8.4% to 45.1%, ADR dropped 4.1% to 694.85 Saudi Arabian riyals ($187.68) and RevPAR also fell 12.1% to 313.45 Saudi Arabian riyals ($84.66).

Based on daily data from December, Jeddah reported the following in year-over-year comparisons:

• Supply: +7.0%
• Demand: -2.0%
• Occupancy: -8.4% to 45.1%
• Average daily rate (ADR): -4.1% to SAR694.85
• Revenue per available room (RevPAR): -12.1% to SAR313.45.

Full Article Here

STR: Preliminary December data for London

Hotels in London reported mixed year-over-year performance in December, according to preliminary data from STR. Occupancy fell 2.7% to 77.9%, ADR grew .4% to £148.85 ($200.37)and RevPAR dropped 2.3% to £115.99 ($156.13).

Based on daily data from December, London reported the following in year-over-year comparisons:

• Supply: +3.1%
• Demand: +0.3%
• Occupancy: -2.7% to 77.9%
• Average daily rate (ADR): +0.4% to GBP148.85
• Revenue per available room (RevPAR): -2.3% to GBP115.99

Full Article Here 

STR: Preliminary December data for Melbourne hotels

Hotels in Melbourne, Australia, reported positive year-over-year performance in December, according to preliminary data from STR. Occupancy grew 0.8% to 81.8%, ADR rose 2.1% to 192.94 Australian dollars ($152.21) and RevPAR increased 3% to 157.80 Australian dollars ($124.49).

Based on daily data from December, Melbourne reported the following in year-over-year comparisons:
•Supply: +2.3%
•Demand: +3.2%
•Occupancy: +0.8% to 81.8%
•Average daily rate (ADR): +2.1% to AUD192.94
•Revenue per available room (RevPAR): +3.0% to AUD157.80

Full Article Here 

STR: Preliminary December data for Munich hotels

Hotels in Munich reported positive year-over-year results during the month of December, according to preliminary data from STR. Occupancy increased 0.3% to 68.7%, ADR grew 4.9% to €118.24 ($143.47) and RevPAR saw a gain of 5.2% to €81.27 ($98.61).

Based on daily data from December, Munich reported the following in year-over-year comparisons:
•Supply: +3.7%
•Demand: +3.9%
•Occupancy: +0.3% to 68.7%
•Average daily rate (ADR): +4.9% to EUR118.24
•Revenue per available room (RevPAR): +5.2% to EUR81.27

Full Article Here 

STR: Preliminary December data for Singapore hotels

Hotels in Singapore reported mixed year-over-year results in December, according to preliminary data from STR. Occupancy grew 0.3% to 76%, while ADR dropped 2.1% to 275.02 Singapore dollars ($206.76) and RevPAR decreased 1.8% to 209.01 Singapore dollars ($157.13).

Based on daily data from December, Singapore reported the following in year-over-year comparisons:
•Supply: +5.1%
•Demand: +5.5%
•Occupancy: +0.3% to 76.0%
•Average daily rate (ADR): -2.1% to SGD275.02
•Revenue per available room (RevPAR): -1.8% to SGD209.01

Full Article Here