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September 2023 – SA Review – South African Occupancy down on 2019 despite higher room revenues achieved.

In September 2023, South African accommodations closed on an average occupancy of 64.60% which is 3.45% less than the occupancy of 68.1% achieved in 2019. The September 2023 occupancy grew from 60.30% in 2022 to 64.6% in 2023, despite the year-on-year growth the country wide occupancy is still below pre covid levels. The average rate […]

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August 2023 – SA Review – how is South Africa doing?

In August 2023, South Africa witnessed a remarkable growth in hotel performance, marking a significant 7.58% increase in occupancy compared to the previous year. What’s even more encouraging is that this growth in occupancy was accompanied by a noteworthy rise in the average daily rate, with an increase of R180.57 from 2022. The average rate

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July 2023 – SA Review – how is South Africa doing?

South African Accommodation Industry Shows Promising Growth in July 2023. July 2023 continued the growth trend when comparing to July 2022, based on the STR report South African Overview Report the combined accommodations occupancy for July was 60.3% which is a year-on-year increase of 7.45% when comparing to that of July 2022. This surge in

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Founder & CEO of TrevPAR World to speak at THINC Africa 2018

Derek Martin, Founder & CEO of TrevPAR World has been asked to join a panel at the HVS THINC Africa Tourism, Hotel Investment and Networking Conference on the 5th and 6th of September in Cape Town South Africa. Derek will form part of the “Year that was” panel, a brief discussion on the comparison of

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STR – Preliminary December 2017 Data

  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

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STR – Preliminary October 2017 Data

STR: Preliminary October data for Abu Dhabi hotels Abu Dhabi’s hotel market posted positive year-over-year performance in October, according to preliminary data from STR. Occupancy grew 12.7% to 80.9%, ADR increased 2.3% to 465.58 Emirati dirhams ($126.75) and RevPAR was up 15.3% to 376.88 Emirati dirhams ($102.60). Based on daily data from October, Abu Dhabi

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STR – Preliminary September 2017 Data

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

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STR – Preliminary March 2017 Data

STR: Preliminary March 2017 data for Berlin hotels According to preliminary March data from STR, hotels in Berlin saw occupancy increase 3.8% to 75.2%, ADR increase 6.8% to €100.58 ($106.36) and RevPAR increase 10.9% to €75.67 ($80.02). Full Article Here STR: Preliminary March 2017 data for Dubai hotels Dubai’s hotel market reported performance declines according

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