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Atlanta's hotels reported a 387.2% RevPAR increase over Super Bowl weekend as occupancy rose 40.4% and ADR increased 246.5%.
U.S. hotel occupancy rose just 0.2% to 59.9% during the week of 3-9 February, while ADR increased 1.5% to $126.68 and RevPAR rose 1.7% to $75.84.
According to 2018 data from STR, hotel food-and-beverage revenue per occupied room rose 2.7% year over year.
During the week of 3-9 February, Canadian hotel occupancy was mostly flat (-0.1% to 57.1%), while ADR rose 1.6% to 147.03 Canadian dollars ($110.54) and RevPAR rose 1.5% to CA$84.01 ($63.16).
Through January, the Asia/Pacific region reported a 31.4% increase in the number of hotel rooms in construction (387,195). China has 204,295 rooms in construction, which equals 8.1% of its existing supply.
STR's pipeline report shows 19,039 hotel rooms in construction in Central/South America as of January, which is down 25.6% year over year.
Mexico leads the way with 14,306 hotel rooms in construction as of January, equal to 3.5% of its existing supply.
The U.S. hotel industry reported a 4.5% year-over-year increase in the number of hotel rooms in construction (195,580), according to STR's January pipeline report. New York City reported 13,986 rooms in construction, which is equivalent to 11.4% of its existing supply.
Europe reported 162,372 rooms in construction according to STR's January pipeline report. Germany led the way with 46,498 rooms in construction, or 7.1% of existing supply.
The Middle East reported a 21% year-over-year increase in the number of rooms in construction (127,115) through January, according to STR pipeline data. Africa, meanwhile, reported a 4.2% increase in rooms in construction (27,124).
In January, London hotels reported occupancy rose 2.4% to 71.7%, according to preliminary monthly data from STR. ADR increased 3.2% to £131.92 ($170.19) and RevPAR rose 5.7% to £94.60 ($122.04).
Sydney hotels experienced a 1.3% occupancy dip to 79.5% in January, preliminary monthly data from STR shows. ADR decreased 4.1% to 210.81 Australian dollars ($149.12) while RevPAR dropped 5.3% to AU$167.68 ($118.62).
Hotels in Dubai saw occupancy drop 4.9% to 82.2% in January, according to preliminary monthly data from STR. ADR declined 11.4% to 714.01 Emirati dirhams ($194.42) and RevPAR decreased 15.8% to 586.79 dirhams ($159.78).
The Hotel Stock Index ended January at 4,388, but its 7.8% increase lagged behind the S&P 500 and the MSCI US REIT Index.
Canadian hotel occupancy rose 1.8% to 56.6% during the week ending 2 February, while a 2.1% ADR increase to 147.29 Canadian dollars ($111.06) drove RevPAR up 3.9% to CA$83.35 ($62.85).
During the week of 27 January to 2 February, U.S. hotel occupancy was mostly flat (+0.1% to 56.7%), but a 2.3% ADR increase to $124.95 drove RevPAR up 2.4% to $70.83.
The U.S. hotel industry saw occupancy drop 0.6% to 58% during the week of 20-26 January while ADR dipped 0.3% to $124.05 and RevPAR decreased 0.9% to $71.93.
During the week of 20-26 January, Canadian hotel occupancy decreased 1% to 55.9%, ADR rose 0.9% to 145.46 Canadian dollars ($110.60) and RevPAR dipped 0.2% to CA$81.27 ($61.80).
STR’s international pipeline data lists the top five countries by region with the most hotel rooms with projected opening dates in 2019.
STR’s U.S. pipeline data shows more than 150,000 hotel rooms with projected opening dates in 2019.