STR Global released hotel performance data for 2011.
The three key performance metrics by region in 2011 (year-on-year
measurements) are as follow.
| |
Occupancy |
ADR |
RevPAR |
| Asia Pacific |
+0.2% (to 66.8%) |
+9.5% (to US$140.44) |
+9.8% (to US$93.84) |
| Americas |
+4.2% (to 60.2%) |
+3.8% (to US$104.26) |
+8.2% (to US$62.79) |
| Europe |
+2.2% (to 53.9%) |
+1.2% (to EUR95.76) |
+5.3% (to EUR51.63) |
| Middle East/Africa |
-6.8% (to 57.1%) |
+5.3% (to US$162.81) |
+1.8% (to US$92.99) |
The following are highlights of key market performers for 2011 (year-on-year
comparisons).
- Asia Pacific
The largest occupancy increase was recorded in Bangkok, Thailand, +17.6% (to
63.2%) and Shanghai, China, +14.2% (to 65.9%). The largest decrease was reported by Shanghai, China, -11.6% (to 56.6%).
- Americas
Santiago, Chile, reported the largest growth in occupancy with a +9.4% (to 71.5%), followed by Mexico City, Mexico which recorded a +7.9% (to 62.5%). The largest occupancy decrease was in Vancouver, Canada, which reported a -1.9% (to 66.6%).
- Europe
Venice posted the largest — the only double-digit — occupancy increase, +13.8% (to 68.1%); Malmo, Sweden, recorded the largest occupancy decrease, with -7% (to 59.0%), followed by Istanbul, Turkey which posted a -4% (to 70.1%).
- Middle East/Africa
The largest increase in occupancy was recorded by Abu Dhabi, United Arab Emirates, with a 9.9% (to 64.8%), followed by Dubai, United Arab Emirates, with a 7% increase (to 75.4%).
Cairo, Egypt, which fell 44.9% (to 36.1%), and Beirut, Lebanon (-12.9% to 56.2%) reported the largest occupancy decreasesin the region.
