Following a summer of mixed fortunes, which included a welcome year-on-year increase in profit per room in August, hotels in the Middle East and Africa were back to business in September as GOPPAR levels sunk by 17.1 percent year-on-year, according to the latest worldwide poll of full-service hotels from HotStats.
Hotels in Canada reported positive results in the three key performances metric during the third quarter of the year (Q3) according to data from STR.
Based on STR Global's latest report, occupancy in African accommodations rose 4.9 percent to 61.4 percent during the third quarter of the year (Q3), while average daily rate (ADR) rose 10.1 percent to USD97.79 and RevPAR increased 15.5 percent to USD60.
Based on STR Global's latest report, occupancy in Middle Eastern accommodations fell 2.8 percent to 60.9 percent during the third quarter of this year (Q3) while average daily rate plummeted 8.1 percent to USD145.50.
Hotels in the Asia Pacific region reported positive results in the three key performance metrics during August according to data from STR.
In three days leading up to the total solar eclipse on August 21, hotels in the path of the totality reported an 87 percent surge in RevPAR, and a 244 percent jump in RevPAR the night before the event, according to STR.
Comfort Inn and Comfort Suites, franchised by Choice Hotels International, have a record-setting hotel pipeline and is successfully executing its strategy to open one hotel per week.
In the first half of the year (H1), hotels in the UK reported the highest occupancy, average daily rate (ADR) and RevPAR for any H1 on record, according to STR.
According to STR, the US hotel industry remained mostly flat during the period July 16 – 22, when compared to the corresponding week in 2016.