The region’s occupancy ended the month with a 6.2-percent increase to 57.5 percent, average daily rate rose 4.6 percent to US$172.26, and revenue per available room went up 11.2 percent to US$99.02.
The region’s occupancy ended the year with a 0.8-percent increase to 61.8 percent, average daily rate rose 3.1 percent to US$156.94, and revenue per available room went up 4.0 percent to US$97.04.
The region’s occupancy ended the month with a 0.5-percent increase to 67.2 percent, average daily rate rose 0.8 percent to US$162.54, and revenue per available room went up 1.3 percent to US$109.20.
The region’s occupancy ended the month virtually flat with a 0.1-percent increase to 61.3 percent, average daily rate increased 11.8 percent to US$145.00, and revenue per available room grew 11.8 percent to US$88.82.
The region’s occupancy ended the month virtually flat with a 0.8-percent increase to 62.2 percent, average daily rate increased 1.3 percent to US$144.35, and revenue per available room grew 2.1 percent to US$89.75.
This market snapshot is the seventh in a series of articles that HVS produces on a series of key markets combining the market expertise of HVS with STR Global data. Our analysis for this market is based on a sample of more than 3,500 rooms.