Market Reports

The U.S. hotel industry reported occupancy dropped 0.9% to 70.2% during the week of 10-16 March. ADR rose 0.6% to $134.50, but RevPAR decreased 0.3% to $94.40.

The Canadian hotel industry reported occupancy fell 3.6% to 60.9% during the week of 11-17 March, while ADR was down 1.4% to 144.12 Canadian dollars ($107.91), and RevPAR declined 4.9% to CA$87.75 ($65.70).

According to preliminary February 2019 data from STR, Abu Dhabi hotels reported occupancy dipped 1.9% to 79.2%, but a 31.6% ADR boost to 565.07 Emirati dirhams ($153.87) drove RevPAR up 29.1% to 447.46 dirhams ($121.84).

London hoteliers reported occupancy rose 0.6% to 78%, ADR increased 1.1% to £133.52 ($175.92) and RevPAR rose 1.7% to £104.14 ($137.21) in February, according to preliminary monthly data from STR.

The U.S. hotel industry reported positive results in the three key performance metrics during February 2019, according to data from STR.

The shutdown proved a proverbial death knell for hotels in the month. In addition to decreased occupancy, the market reported a consistent decline across all revenue centers.

The U.S. hotel industry reported occupancy dropped 2.4% to 66.8% during the week of 3-9 March. ADR rose 0.8% to $132.01, but RevPAR decreased 1.7% to $88.15.

The U.S. hotel industry reported occupancy decreased 1% to 65.3%, but a 1.3% increase in ADR to $127.59 raised RevPAR 0.3% to $83.36 during the week ending 2 March.

The Canadian hotel industry reported occupancy fell 1.9% to 59.9% during the week of 3-9 March, and despite a 0.4% ADR increase to 155.46 Canadian dollars ($116.54), RevPAR declined 1.5% to CA$93.17 ($69.84).

During the week of 24 February to 2 March, Canadian hotel occupancy rose 1.2% to 60.1%, ADR increased 1% to 148.85 Canadian dollars ($110.85) and RevPAR rose 2.2% to CA$89.46 ($66.62).