Hospitality Net

OCTOBER 7, 2024

hotel revenue per available room (RevPAR) rose 3.9% Growth was driven by average daily rate (ADR), which increased 2.3%. For the first time since February, the ADR increase was nearly equal to the monthly rate of inflation (2.5%). year over year (YoY) in August, following a lackluster July.

Average Daily Rate 246

Average Daily Rate Occupancy Revenue Hotels 246

Hospitality Net

MAY 15, 2024

Japan’s growth in hotel revenue per available room (RevPAR) has remained extremely impressive over the past 15 months – a function of a later opening post-pandemic, above-average inflation, and an influx of international demand.

Average Daily Rate 245

Average Daily Rate Occupancy Revenue Hotels 245

Hospitality Net

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Forecasting 273

Forecasting Average Daily Rate Tourism Revenue 273

Hospitality Net

APRIL 22, 2024

hotel performance ending 13 April 2024 reflected an easy comparison to Easter last year and the impact of the solar eclipse. Revenue per available room (RevPAR) rose 5.8% driven by nearly equal gains in occupancy and average daily rate (ADR). Similar to the previous week, U.S.

Average Daily Rate 264

Average Daily Rate Occupancy Revenue Hotels 264

Lodging

NOVEMBER 20, 2023

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023. Recent RevPAR trends demonstrate that rate continues to be the primary driver of performance.

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Hospitality Net

FEBRUARY 12, 2024

hotels took an expected seasonal pause with occupancy 1.0 Even with this year’s decrease, average daily rate (ADR) continued to grow, up 1.9% year over year (YoY), resulting in a gain in revenue per available room (RevPAR) of 1.7%. Even with this year’s decrease, average daily rate (ADR) continued to grow, up 1.9%

Average Daily Rate 263

Average Daily Rate Occupancy Revenue Hotels 263

Lodging

JANUARY 29, 2024

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. That level combined with an ADR of $573 would result in revenue per available room (RevPAR) of $504. 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR.

Average Daily Rate 278

Average Daily Rate Forecasting Occupancy Revenue 278

Hospitality Net

JANUARY 22, 2024

Early January is generally a slow period for the hotel industry. Thus, this week’s robust gain (+6.3%) in average daily rate (ADR) came as a surprise given occupancy was down 1.5 revenue per available room (RevPAR) advanced 3.3% percentage points (ppts). due to the ADR boost.

Average Daily Rate 260

Average Daily Rate Occupancy Consumer Revenue 260

Hospitality Net

MAY 6, 2024

hotel performance paused due to the Passover observance that began on Monday 22 April. Revenue per available room (RevPAR) declined 2.5% percentage points (ppts) and average daily rate (ADR) declined 1.3%. as occupancy fell 0.8

Average Daily Rate 234

Average Daily Rate Occupancy Revenue Hotels 234

Hospitality Net

SEPTEMBER 8, 2023

revenue per available room (RevPAR) grew just 0.8% year over year in July, as growth in average daily rate (ADR) continued to decelerate and national occupancy declined for the fourth consecutive month.

Average Daily Rate 239

Average Daily Rate Occupancy Revenue Hotels 239

Hospitality Net

AUGUST 26, 2024

The rate of growth in occupancy, average daily rate (“ADR”) and revenue per available room (“RevPAR”), while robust, continued to decelerate. Luxury hotel occupancy benefitted from increased demand, while ADR growth levels for lower priced properties continued to show significant improvements.

Average Daily Rate 246

Average Daily Rate Occupancy Revenue Hotel Marketing 246

Lodging

MAY 18, 2023

DALLAS—CBRE is again raising its forecast for hotel performance this year, as stronger-than-expected demand and more modest supply growth drive occupancy gains. CBRE has revised its forecast for 2023 revenue per available room (RevPAR) to $97.89, up 6.0 percent year-over-year, and an increase of $0.43 from its previous forecast.

Forecasting 264

Forecasting Average Daily Rate Occupancy Revenue 264

Hospitality Net

OCTOBER 14, 2024

hotel performance for the period ending 5 October 2024 showed the effects of Rosh Hashanah and Columbus Day/Indigenous Peoples Day calendar shifts as well as the impact of Hurricane Helene. Revenue per available room (RevPAR) dropped 7.7% year over year with average daily rate (ADR) retreating 4.4%

Average Daily Rate 246

Average Daily Rate Occupancy Revenue Hotels 246

Hospitality Net

SEPTEMBER 9, 2024

revenue per available room (RevPAR) increased for the seventh consecutive week, boosted by both average daily rate (ADR) and occupancy. Group demand in luxury and upscale hotels rose for the seventh straight week as well. In the week ending 31 August 2024, U.S.

Average Daily Rate 244

Average Daily Rate Scale Occupancy Revenue 244

Hospitality Net

MAY 13, 2024

hotels saw surprisingly modest performance this week following the previous down week during Passover. Revenue per available room (RevPAR) increased 0.5% year over year (YoY) as average daily rate (ADR) showed a slight increase (+1.3%) but was offset by an occupancy decline of 0.5 percentage points (ppts).

Average Daily Rate 246

Average Daily Rate Occupancy Revenue Hotels 246

Hospitality Net

MAY 1, 2024

Your competitors are already upping their nightly rates. You’ve got roughly half an hour to decide what average daily rate ought to be for your soon-to-be-sold-out room inventory. A surge of Swifties are impending.

Average Daily Rate 244

Average Daily Rate Revenue Management Revenue Business 244

Hospitality Net

APRIL 29, 2024

hotel performance leveled out following three unstable weeks impacted by the total solar eclipse and Easter calendar shift. Revenue per available room (RevPAR) rose 1.2% year over year (YoY) driven entirely by average daily rate (ADR), up 1.5%.

Average Daily Rate 244

Average Daily Rate Occupancy Revenue Market 244

Lodging

NOVEMBER 19, 2024

NASHVILLE—STR and Tourism Economics ​downgraded the growth rate in the final U.S. hotel forecast revision of 2024. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were each downgraded, -0.5 percentage points to +1.5 percent and down 0.6 ppts to +1.4

Forecasting 262

Forecasting Average Daily Rate Occupancy Tourism 262

Hospitality Net

MAY 29, 2024

Produced jointly by STR and Cushman & Wakefield, the Hotel Sector Barometer confirms the upsurge in tourism and hotel activity in Spain, with outstanding results across all indicators showing growth over the figures for the first quarter of 2023. Spain’s hotels achieved occupancy of 68.5% Spain’s hotels achieved occupancy of 68.5%

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Tourism 246

Hospitality Net

FEBRUARY 19, 2024

hotel industry’s strong year-over-year (YoY) growth in revenue per available room (RevPAR), which was up 3.9% increase in average daily rate (ADR). Super Bowl LVIII, hosted in Las Vegas, was responsible for the U.S. and driven entirely by a 6.8% occupancy fell 1.5 ppts as business slowed ahead of the big game.

Average Daily Rate 259

Average Daily Rate Occupancy Revenue Business 259

Hospitality Net

FEBRUARY 5, 2024

hotels saw big year-over-year (YoY) gains with revenue per available room (RevPAR) up 4.8%, driven entirely by a 5.1% increase in average daily rate (ADR). Occupancy sat at 56.2%, essentially matching the same week last year, down just 0.2 percentage points (ppts).

Average Daily Rate 244

Average Daily Rate Occupancy Events Revenue 244

Hospitality Net

NOVEMBER 17, 2023

NH Hotel Group (NH), part of Minor Hotels, generated €1.61 billion of revenue in the first nine months of 2023, up 28.1% Strong demand drove occupancy up to 68%, while average daily rate (ADR) climbed further to €137 in 9M23, marking growth of 14.4% year-on-year. year-on-year and 25.2% compared to 9M19.

Average Daily Rate 189

Average Daily Rate Revenue Occupancy Hotels 189

Hospitality Net

APRIL 10, 2024

The host of six Taylor Swift concerts, Singapore’s hotel industry posted its highest March average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar.

Average Daily Rate 200

Average Daily Rate Real Estate Revenue Hotels 200

Hospitality Net

AUGUST 26, 2024

hotel industry. Average daily rate (ADR) continued to rise, pushing gains in revenue per available room (RevPAR) for the fifth straight week, albeit at a rate below the level of inflation. Weekday performance saved an otherwise lackluster week across the U.S.

Average Daily Rate 241

Average Daily Rate Occupancy Revenue Marketing 241

Hospitality Net

MAY 1, 2023

STR’s global “bubble chart” update through 15 April 2023 shows continued improvement in the Asia Pacific region and more than half of global markets with better than 20% growth in revenue per available room (RevPAR) versus 2019.

Average Daily Rate 239

Average Daily Rate Occupancy Revenue Marketing 239

Hospitality Net

FEBRUARY 12, 2024

year-over-year decrease in hotel demand and a 0.8% increase in average daily rates (ADR), resulting in a 1.9% decrease in revenue per available room (RevPAR) during the quarter. increase in supply led to a 2.5% drop in occupancy in Q4 2023. Occupancy declines were partially offset by a 0.7%

Average Daily Rate 196

Average Daily Rate Occupancy Revenue Hotels 196

Hospitality Net

AUGUST 21, 2023

The rate of growth in occupancy, average daily rate and revenue per available room (“RevPAR”) decelerated considerably in Q2, with room rate fatigue effecting growth in the higher-priced hotel categories. to a June low of 4.7%. Q1 RevPAR increased 53.5%

Average Daily Rate 245

Average Daily Rate Occupancy Revenue Hotels 245

Hospitality Net

NOVEMBER 10, 2024

hotels produced healthy growth in revenue per available room (RevPAR) for a fourth week in a row. The metric was up 3.1% (all comparisons are year-over-year unless otherwise noted) on equal gains in occupancy and average daily rate (ADR). election.

Average Daily Rate 246

Average Daily Rate Occupancy Revenue Travel 246

Hospitality Net

APRIL 18, 2024

Manhattan hotels have seen an increase in occupancy, average daily rate (ADR) and revenue per available room. But the growth rate has started to decline as the market stabilizes.

Average Daily Rate 202

Average Daily Rate Market Marketing Occupancy 202

Hospitality Net

AUGUST 14, 2024

Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate (ADR) and revenue per available room (RevPAR), according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Average Daily Rate 184

Average Daily Rate Events Real Estate Revenue 184

Hospitality Net

AUGUST 4, 2023

Executive Summary Hotel fundamentals softened in Q2, largely due to a 1.5% The average daily rate (ADR) increased by 2.6% Revenue per available room (RevPAR) increased by just 1.1% Hotel wage growth slowed in June but at 5.2% outpaced the national average of 4.7%. year-over-year drop in occupancy.

Average Daily Rate 246

Average Daily Rate Occupancy Hotels Revenue 246

Hospitality Net

MARCH 12, 2024

Helped by Carnival, Rio de Janeiro’s hotel industry recorded its highest average daily rate (ADR) and revenue per available room (RevPAR) since 2016, according to February preliminary data from CoStar.

Average Daily Rate 200

Average Daily Rate Real Estate Revenue Marketing 200

Hospitality Net

SEPTEMBER 11, 2024

São Paulo posted its highest monthly average daily rate (ADR) and second highest revenue per available room (RevPAR) on record, according to August preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Average Daily Rate 188

Average Daily Rate Real Estate Revenue Marketing 188

Hospitality Net

OCTOBER 17, 2024

The 2024 International Trade Fair for Transport Technology (InnoTrans) pushed Berlin’s monthly average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs, according to September preliminary data from CoStar.

Average Daily Rate 187

Average Daily Rate Real Estate Revenue Marketing 187

Hospitality Net

AUGUST 11, 2023

S Hotels and Resorts PCL (SET: SHR), the global hospitality company from Singha Estate PCL (SET: S), announced accelerating total revenue from services of THB 4,821 million (+28% YoY), and jumping adjusted EBITDA of THB 1,112 million (+74% YoY) for the first half of 2023.

Average Daily Rate 180

Average Daily Rate Revenue Occupancy Resorts 180

Hospitality Net

JUNE 12, 2024

Tokyo’s hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR) in May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Average Daily Rate 187

Average Daily Rate Real Estate Revenue Marketing 187

Hospitality Net

NOVEMBER 13, 2024

Munich hotels saw a spike in average daily rate (ADR) and revenue per available room (RevPAR) during Expo Real, according to October preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

Average Daily Rate 188

Average Daily Rate Real Estate Revenue Marketing 188