STR Global released hotel performance data for January 2012.
The table below shows the three key performance metrics by region, year-on-year comparisons, for January 2012.
| |
Occupancy |
ADR |
RevPAR |
| Americas |
+3.9% (to 49.8%) |
+3.7% (to US$103.98) |
+7.7% (to US$51.81) |
| Asia Pacific |
-3.4% (to 60.0%) |
+9.8% (to US$152.92) |
+6.0% (to US$91.81) |
| Europe |
+3.0% |
+ |
+ |
| Middle East/Africa |
+0% (to 55.5%) |
+6.4% (to US$181.61) |
+6.4% (to US$100.88) |
Below are highlights of key market performers for January 2012 (year-on-year measurements).
- Americas
Chicago, USA, reported the largest occupancy increase, +15.4% (to 47.4%) followed by Rio de Janeiro (Brasil) which recorded +8.4% (to 82.4%). Panama City, Panama, experienced the largest decrease in occupancy, -15.0% (to 55.4%).
- Asia Pacific
The largest increases in occupancy were recorded in Osaka, Japan, +10.0% (to 74.7%) and Kuala Lumpur, Malaysia, +10.0% (to 69.9%).
- Europe Prague, Czech Republic, +20.2% (to 45.4%), and Vilnius, Lithuania, +18.4% (to 44.9%) were the markets recording the largest occupancy increases. Athens, Greece, posted the largest occupancy decrease, -17.4% (to 36.6%).
- Middle East/Africa
The largest occupancy increase was recorded by Beirut, Lebanon, +32.0% (to 53.4%) followed by Amman, Jordan, +30.8% (to 64.7%), and Jeddah, Saudi Arabia, +26.9% (to 74.0%).
Cairo, Egypt, was again the market recording the largest occupancy decrease in the region, -42.4% (to 36.4%).