The average daily hotel rate in November declined year over year in most global regions but was up in the Americas, according to STR Global.
ADR in the Americas increased 3.6 percent to $113.77, and occupancy increased 2.3 percent to 59.3 percent. The largest percentage ADR increases for November were in Chicago (12.8 percent to $144.04) and Boston (12.1 percent to $182.45). ADR in Rio de Janeiro decreased 9.1 percent to $182.23 in November, the region's steepest ADR percentage decline.
In Europe, ADR for November declined 5.7 percent to $127.33; in terms of the euro, ADR increased 3 percent to €102.30. Occupancy increased 1.3 percent to 68.2 percent.
In euro terms, Europe's largest percentage ADR increases for the month were in Manchester, England (12 percent to €96.45), Dublin (11.9 percent to €98.59) and Tel Aviv (10.1 percent to €184.88). The greatest percentage decreases were in Warsaw (down 31.6 percent to €66.81) and Moscow (down 30.7 percent to €92.64).
Both ADR and occupancy in the Asia/Pacific region declined year over year in November, according to STR Global. ADR declined 3 percent to $115.70 and occupancy declined 0.4 percent to 72.2 percent. The ADR decline stems largely from currency declines against the dollar, as overall ADR in terms of constant currency increased year over year in November, according to STR Global managing director Elizabeth Winkle.
Auckland (7.2 percent to $131.45) posted the region's largest percentage ADR increase in U.S. dollar terms; Seoul (down 13 percent to $179.46) had the region's largest percentage decrease.
ADR for November in the Middle East/Africa declined 2.4 percent year over year to $178.28, and occupancy increased 4.8 percent to 67.4 percent. The region's largest percentage ADR increase was in Jeddah, Saudi Arabia (9.2 percent to $236.88); the largest percentage decrease was in Lagos, Nigeria (down 13.4 percent to $227.35).