STR – Preliminary February 2017 Data

TrevPAR World STR Page

STR: Asia/Pacific hotel performance for February 2017

During February 2017, Asia/Pacific hotels reported an 8% occupancy increase to 68.7%, a 5% ADR decrease to $102.95 and a 2.6% RevPAR increase to $70.67.

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STR: Preliminary February data for Abu Dhabi hotels

Preliminary February performance data for Abu Dhabi shows occupancy was nearly flat (+0.1% to 76.5%), but ADR rose 17.9% to 577.21 Emirati dirhams ($157.15) and RevPAR increased 18.1% to 441.63 Emirati dirhams ($120.24).

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STR: C./S. America hotel performance for February 2017

The Central/South America region reported decreases across the three key performance indicators in February 2017. Occupancy declined 2.5% to 55.4%, ADR fell 7% to $102.56, and RevPAR dropped 9.3% to $56.81.

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STR: Middle East/Africa performance for February 2017

Hotels in the Middle East reported a 3.2% occupancy increase to 71.7%, a 1.8% ADR decline to $176.07, and a 1.3% RevPAR increase to $126.25 during February 2017. In the same month, African hotels saw occupancy increase 5.5% to 58.8%, ADR jump 10.2% to $109.83 and RevPAR climb 16.2% to $64.55.

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STR: Europe hotel performance for February 2017

During February 2017, European hotels experienced a 2.9% occupancy increase to 64.5%, a 1.8% ADR increase to €100.08 ($108.01) and a 4.7% RevPAR increase to €64.59 ($69.71).

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STR: Preliminary February data for London hotels

According to preliminary February 2017 performance data, hotels in London experienced a 2.7% occupancy increase to 77.6%, while ADR rose 4.7% to £132.50 ($161.13) and RevPAR climbed £102.85 ($125.08).

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STR: Preliminary February data for Melbourne hotels

Preliminary February data for Melbourne shows hotels in the market fell 0.6% to 88.1%, ADR decreased 5.4% to AU$191.63 ($143.85) and RevPAR dropped 5.9% to AU$168.89 ($126.75).

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STR: Preliminary February data for Munich hotels

The Munich hotel market reported a 5.9% occupancy increase to 72%, according to STR’s preliminary February 2017 data. ADR rose 10.9% to €126.27 ($133.56) and RevPAR climbed 17.5% to €90.85 ($96.09).

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STR: Preliminary February data for Singapore hotels

The Singapore hotel market reported a 0.9% occupancy increase to 85.7%, according to preliminary February 2017 performance data. ADR declined 8.1% to 274.32 Singapore dollars ($193.41) and RevPAR dropped 7.2% to SG$235.07 ($165.74).

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STR: Preliminary February data for South Africa hotels

In February 2017, South Africa’s hotels reported a 7.8% year-over-year RevPAR increase. The country also reported 7.6% ADR growth and nearly flat occupancy (+0.2%).

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STR: US hotel performance for February 2017

The U.S. hotel industry reported occupancy decreased 0.5% to 61.2% during the month of February. ADR increased 1.7% to $123.24 and RevPAR rose 1.2% to $75.37.

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Source – Hotel News Now