the source for hotel and hospitality trends
Europe's hotel occupancy fell 51.7% to 38.9% in September, according to monthly data from STR. ADR dipped 27.2% to €90.78 ($107.50) and RevpAR declined 64.8% to €35.31 ($41.48).
In the Middle East, hotel occupancy fell 30.8% to 43.3% in September as ADR dipped 13.5% to $98.54 and RevPAR declined 40.1% to $42.64. In Africa, hotel occupancy decreased 61.2% to 25.6%, ADR rose 2.7% to $99.99 and RevPAR fell 60.2% to $25.57.
Canadian hotel occupancy fell 55% to 29.9% during the week of 11-17 October. ADR decreased 26.1% to 114.62 Canadian dollars ($87.17) and RevPAR dropped 66.7% to CA$34.24 ($26.04).
U.S. hotel occupancy dropped 30.7% to 50.1% during the week of 11-17 October as ADR dipped 28.3% to $97.69 and RevPAR fell 50.3% to $48.91.
The preliminary estimate of real gross domestic product visualizes today that monthly˗GDP™ rose by an annual rate of 3.6% in September from the previous month to $18,447 billion, an $18 billion upward revision from the flash estimate released on October 8, 2020.
Canadian hotel occupancy fell 49.8% to 38.1% in the third quarter, while ADR dipped 28% to 131.65 Canadian dollars ($100.39) and RevPAR dropped 63.9% to CA$50.15 ($38.24).
In the third quarter, U.S. hotel occupancy declined 32.2% to 48%, ADR dipped 24.1% to $101.25 and RevPAR decreased 48.5% to $48.58.
In September, U.S. hotel occupancy dipped 28.2% to 48.3%, ADR decreased 24.9% to $99.12 and RevPAR dropped 46.1% to $47.87.
U.S. hotel occupancy declined 29.2% to 50% during the week of 4-10 October. ADR fell 25.9% to $97.67 and RevPAR dropped 47.5% to $48.85.
Canadian hotel occupancy fell 54% to 32.2% during the week of 4-10 October. ADR decreased 27.9% to 115.03 Canadian dollars ($86.82) and RevPAR dropped 66.8% to CA$37.09 ($27.99).