Average daily hotel rates, measured in U.S. dollars, in June
increased year over year in all four major global regions, though occupancy
declined in both the Asia/Pacific and Middle East/Africa regions, according to
STR Global.
June ADR in the Americas increased 4.7 percent year over
year to $118.63, and occupancy increased 2.7 percent to 71.2 percent. The
largest percentage ADR increases were in 2014 FIFA World Cup host cities Rio de
Janeiro (up 77.9 percent to $392.82) and São Paulo (up 49.5 percent to
$212.84), as well as San Francisco (up 12.9 percent to $213.54). Panama City's
ADR (down 4.2 percent to $105.60) had the largest percentage drop in the
Americas.
In Europe, June ADR increased 7.4 percent year over year to
$154.60; in euros, that increase was 2.4 percent to €113.30. Occupancy increased 0.2 percent to 75.1 percent.
Europe's largest percentage ADR increases were in Copenhagen (up 16.4 percent
to €142.62) and Edinburgh
(up 11.6 percent to €117.89);
Lisbon (down 15 percent to €90.64)
had the biggest percentage ADR decline.
June ADR in the Asia/Pacific region increased slightly year over year
0.5 percent to $112.44. Occupancy dropped 1.4 percent to 66.4 percent.
"The only region to report declines in occupancy year-to-date is
Southeastern Asia (-4.7 percent), primarily driven by Thailand," STR
Global managing director Elizabeth Winkle said in a statement. "From a
rate perspective, Southeastern Asia (6.5 percent) and Australia and Oceania
(2.4 percent) are the only two sub-regions to report ADR growth on a constant-currency
basis."
In U.S. dollar terms, Auckland, New Zealand, had the region's largest percentage
ADR increase for the month, up 20.7 percent to $122.91. The largest percentage decrease
was in Bali, Indonesia, where ADR declined by 10.5 percent to $126.47.
The Middle East/Africa region saw June ADR increase by 3 percent to
$142.80 while occupancy decreased by 0.6 percent to 61.3 percent. The region's
largest percentage ADR increases were in Jeddah, Saudi Arabia (up 12 percent to
$282.62) and Manama, Bahrain (up 11.9 percent to $212.73); the largest percentage
ADR decline was in Riyadh, Saudi Arabia (down 6.9 percent to $221.47).