Average rates and occupancy at hotels in December increased year over year in the Americas and the Middle East and Africa, but average rates decreased, while occupancy rose in Europe and the Asia/Pacific region, according to data from STR Global.
December ADR in the Americas increased 3.6 percent year over year to $116.48 and occupancy increased 4.4 percent to 52.7 percent. The region's only double-digit ADR increase was in San Francisco (up 21.5 percent to $194.94). Rio de Janeiro had the region's largest ADR decrease (down 9.8 percent to $203.65).
In Europe, December ADR decreased 8.1 percent to $123.09—though in euros, it increased 4.1 percent to €101.27—and occupancy increased 5.2 percent to 59.3 percent. Measured in euros, three markets in the region posted double-digit ADR increases: Manchester, England (up 14.6 percent to €94.44); Tel Aviv (up 14.1 percent to €178.71); and London (up 13.1 percent to €179.05). The largest decrease was in Moscow (down 35.0 percent to €83.70).
ADR in the Asia/Pacific region decreased 5.3 percent to $114.13, while occupancy increased 0.7 percent to 67.0 percent. As a sub-region, Central and South Asia saw an ADR decrease of 4.2 percent to $132.31, but recorded the region's most significant occupancy increase of 4.9 percent to 64.1 percent.
In local currency terms, Osaka, Japan, boasted the region's highest ADR increase (up 22.4 percent), while Hong Kong had the largest ADR decrease (down 7.6 percent).
The Middle East and Africa region recorded a 3.2 percent ADR increase to $183.35, paired with a 3.9 percent increase in occupancy to 61.9 percent. Abu Dhabi, United Arab Emirates, had the region's greatest December ADR increase (up 9.7 percent to $159.85). The region's largest ADR decrease occurred in Sandton, South Africa (down 25.2 percent to $93.30).