STR – Preliminary September 2017 Data

TrevPAR World STR Page

STR: Preliminary September data for Berlin hotels

Berlin’s hotel market posted negative year-over-year performance in September, according to preliminary data from STR. Occupancy declined 1.7% to 88.5%, ADR decreased 7.9% to €121.73 ($144.19) and RevPAR dropped 9.6% to €107.73 ($127.59).

  • Supply: +2.0%
  • Demand: +0.2%
  • Occupancy: -1.7% to 88.5%
  • Average daily rate (ADR): -7.9% to EUR121.73
  • Revenue per available room (RevPAR): -9.6% to EUR107.73

Full Article Here

STR: Preliminary September data for Dubai hotels

According to preliminary September data from STR, Dubai’s hotels reported occupancy fell 4.7% to 76.6%, ADR dropped 10.6% to 497.67 Emirati dirhams ($135.49) and RevPAR decreased to 381.20 Emirati dirhams ($103.76).

  • Supply: +5.6%
  • Demand: +0.6%
  • Occupancy: -4.7% to 76.6%
  • Average daily rate (ADR): -10.6% to AED497.67
  • Revenue per available room (RevPAR): -14.8% to AED381.20

Full Article Here.

STR: Preliminary September data for Hong Kong hotels

Hong Kong’s hotel market reported positive performance in September, according to preliminary results from STR. Occupancy rose 0.5% to 86.6%, ADR increased 4% to 1,366.85 Hong Kong dollars ($175.11) and RevPAR jumped 4.5% to HK$1,184.03 ($151.69).

  • Supply: +3.1%
  • Demand: +3.6%
  • Occupancy: +0.5% to 86.6%
  • Average daily rate (ADR): +4.0% to HKD1,366.85
  • Revenue per available room (RevPAR): +4.5% to HKD1,184.03

Full Article Here 

STR: Preliminary September data for Jeddah hotels

Hotels in Jeddah, Saudi Arabia, reported occupancy rose 3.5% in September to 70.2%, based on preliminary data from STR. ADR in the market rose 12.3% to 1,218.79 Saudi Arabian riyals ($324.89) and RevPAR increased 16.2% to 855.49 Saudi Arabian riyals ($228.09).

  • Supply: +14.2%
  • Demand: +18.2%
  • Occupancy: +3.5% to 70.2%
  • Average daily rate (ADR): +12.3% to SAR1,218.79
  • Revenue per available room (RevPAR): +16.2% to SAR855.49.

Full Article Here

STR: Preliminary September data for London hotels

Preliminary data from STR shows London hotels saw occupancy decrease 1.6% year over year to 86.9% during September. ADR rose 1% to £165.39 ($217.35), but RevPAR decreased 0.6% to £143.69 ($188.84).

  • Supply: +3.9%
  • Demand: +2.3%
  • Occupancy: -1.6% to 86.9%
  • ADR: +1.0% to GBP165.39
  • Revenue per available room (RevPAR): -0.6% to GBP143.69

Full Article Here

STR: Preliminary September data for Sydney hotels

Hotels in Sydney reported mixed performance results in September, according to preliminary data from STR. While occupancy decreased 1.7% to 84.5%, a 4.9% ADR increase to 215.72 Australian dollars ($168.12) drove RevPAR up 3.1% to AU$182.29 ($142.07).

  • Supply: +2.3%
  • Demand: +0.5%
  • Occupancy: -1.7% to 84.5%
  • Average daily rate (ADR): +4.9% to AUD215.72
  • Revenue per available room (RevPAR): +3.1% to AUD182.29

Full Article Here

Source – Hotel News Now