Miami’s GOPPAR beat 2019 levels by 14 percentage points, while Dubai reached 95% of its pre-pandemic comparable.
Market Recovery Monitor – 29 January 2022
Top 25 Markets saw occupancy advance a full percentage point to 50.5%, which was that group’s first time above 50% in four weeks.
U.S. hotel results for week ending 29 January
U.S. hotel performance increased slightly from the previous week and showed improved comparisons against 2019.
Middle East hotel RevPAR recovery highest among global regions
The Middle East hotel industry reported RevPAR that was 85.6% of the pre-pandemic comparable, the highest among the global regions.
Canada hotel RevPAR 54% recovered in 2021
Despite stronger performance in the second half of 2021, Canada’s hotel industry reported revenue per available room (RevPAR) that was just 54.1% of the pre-pandemic comparable.
U.S. hotel RevPAR recovered 83% in 2021
With improved performance as 2021 progressed, the U.S. hotel industry reported total-year RevPAR that was 83.2% of the pre-pandemic comparable.
U.S. hotel results for week ending 15 January
U.S. weekly hotel occupancy worsened in comparison with pre-pandemic levels.
Omicron emergence a yardstick for the hotel industry
Though the materialization of new coronavirus strains vex, it turns out, the more thrown our way, the better we now appear to cope.
Dubai hotel rates reached six-year high in December
Lifted by Expo 2020 and the holiday season, Dubai’s hotel industry reported its highest monthly room rates since 2015.
Sydney hotel rates reached pandemic-era highs in December
Reflecting the beginning of summer and the impact of the holiday season, Sydney’s hotel industry reported its highest room rates of the pandemic era.
