Mainland China’s hotel industry surpassed its 2019 comparable in Lunar New Year ADR even with substantially lower occupancy.
Melbourne hotel rates reached pandemic-era highs in January
Helped by the Australian Open, Melbourne’s hotel industry reported its highest room rates of the pandemic era.
U.S. hotel results for week ending 5 February
U.S. weekly hotel occupancy eclipsed 50% for the first time in more than a month, but the index to 2019 dipped from the week prior.
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.
U.S. hotel results for week ending 22 January
U.S. hotel performance remained relatively flat from the previous week.
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.
STR, TE slightly upgrade latest U.S. hotel forecast
Underpinned by continued strengthening in ADR, STR and Tourism Economics have slightly upgraded the U.S. hotel forecast.
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.
