Hotel occupancy rates by month. Source: Pinnacle Advisory Group .
Hotel occupancy rates by month October 2, 2024. • ADR for the state was $197 (+1 YOY/+11% vs. " Chart. U. Occupancy rate in hotels - France; Year Month Value; 2024: October (p) 63. 2023 • California’s occupancy rate in March was 69% (vs. Apr 29, 2022 · U. 4% Occupancy | $292. While Ireland led in the metric, Vietnam lagged with the lowest occupancy rate of 47. 6% increase in supply and resulting in a 0. 1: 2024 Nov 1, 2023 · Your hotel’s occupancy rate is an indicator of the health of your business, along with revenue per available room (RevPAR), and overall profitability. 32) reached the highest levels for any month since April 2018. hotel rate in November increased from 2023 levels, as did the occupancy rate and revenue per available room, according to hotel analytics firm STR. For further information please call (970) 925-1940 or e-mail at [email protected]. Monthly income of hotel accommodations in South Africa 2022-2023, by type; Jun 27, 2024 · The hotel occupancy rate in Las Vegas reached 83. Statewide data is further broken down by hotel class scale such as Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale, and Economy. Lee County Hotel Overview Monthly Occupancy Rates with YOY Percent Change 75. For further analysis, we broke down the data in the following ways: Industry | Employment | Trends and Projections This month’s report includes an overview of global booking trends & hospitality market data: occupancy, booking time, channels, pace, and segment mix worldwide. 2019. 8% in 2023 – just shy of 2019’s level (65. A facility is not considered a hotel if, during any four consecutive tax quarters or any twelve-month period ending on the last day of February, rooms are rented on fewer than three occasions or for not more than 14 Apr 22, 2024 · In November 2023, business hotels in Japan had an occupancy rate of 76. 2022 saw delays in Jan 18, 2024 · Monthly hotel room occupancy rate in the Canary Islands (Spain) 2020 Number of beds in hotels and similar establishments Egypt 2008-2022 Accommodation establishment Indonesia 2022, by management Sep 12, 2023 · Monthly occupancy rate of hotels in the UK 2020-2024; Occupancy rates of regional hotels in the UK Q1 2023-Q4 2024; Hotel occupancy rate in London, UK Q1 2023-Q4 2024; ADR of hotels in London The occupancy rate of hotel rooms in Qatar was about 72 percent in December 2023, compared to about 47 percent in January of that year. 4% Occupancy | $278. Sep 22, 2023 · As of March 2022, the bed occupancy rate in Kenyan hotels was at 57 percent, registering a slight growth in comparison to the previous month. Three years later, in April 2023, that figure increased to 61 percent. 9%). There were 194,136 beds occupied out of which 52. Aug 30, 2024 · In fiscal year 2023, the hotel occupancy rate in the coastal state of Goa amounted to around 69 percent. Average U. 66% prior month), up 1% from the prior year and down 10% from 2019. 66, according to STR. Enplanements are the number of passengers boarding planes from the San Francisco Airport (SFO). 9% in the next 12 months. 70, while occupancy increased 1. Source: Pinnacle Advisory Group . Occupancy rate of hotels in Europe Nov 21, 2024 · According to a September 2024 study, Como was the Italian city with the highest average occupancy rate in four-star hotels that month, with an average occupancy rate of 89 percent. Monthly container freight rate index worldwide 2023-2024; Nov 28, 2024 · Monthly metrics for bedroom occupancy, room supply and demand, revenue per available room and average daily rates. 65 percent of hotels in India had an occupancy rate of between 70. hotel results for week ending 7 December 12 December 2024 Aug 21, 2024 · In 2023, the occupancy rate of hotels in Bangkok, Thailand was 76 percent, reflecting a significant increase compared to the previous year. In 2022, U. Monthly income of Mar 6, 2024 · Hilton Worldwide Holdings Inc. At this juncture, year-over-year trends are more helpful in understanding the economic impact of the pandemic on the hospitality industry. It is one of the most high-level indicators of success and is calculated by dividing the total number of rooms occupied, by the total number of rooms available, times 100, creating a percentage such as 75% occupancy. hotel TRevPAR (US$236. Jan 6, 2025 · The occupancy rate of hotels in France decreased slightly in September 2024 compared to the previous year. There are currently 3,200 rooms under construction across 22 hotels. February 2, 2022. January 2024 Hawai‘i Hotel Performance Report Hawai‘i hotels statewide reported slightly higher occupancy and revenue per available room (RevPAR) but lower average daily rate (ADR) in January 2024 compared to January 2023. Sep 25, 2024 · Occupancy rate of resort hotels in Japan 2014-2023; Monthly occupancy rate of accommodations in Japan 2023, by type; Share of people with Golden Week travel intentions in Japan 2018-2024; The formula is: Occupancy Rate = (Number of Occupied Rooms / Total Number of Available Rooms) x 100 For example, if a hotel has 300 occupied rooms out of 400 available rooms, the occupancy rate Feb 3, 2023 · After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation. Statista. 5 percent the previous year. ADR increased 0. Monthly P&L U. 3% year-over-year in Q2, outpacing a 0. • California’s occupancy rate for the month was 70% (-1% YOY) and down 12% from 2019. The low occupancy rate during 2020 Dec 2, 2024 · Meanwhile, this rebound can also be seen in U. The STR reports include data on hotel occupancy, average daily rate, revenue per available room, and other hotel-related metrics. Aug 30, 2024 · A survey conducted during the financial year 2020 among hotels about the monthly occupancy rate of hotels across India showed that November, December and January were the peak months. Jul 15, 2016 · This statistic describes the hotel occupancy rate in the Emirate of Dubai from July 2015 to July 2016, by month. Occupancy rate of hotels in France 2014-2017, by quarter; Welcome to our Occupancy Rate Calculator – a quick, useful tool designed for hoteliers aiming to gain insights into their property’s performance and profitability. For more information on the data provided, please contact STR directly at [email protected] or 615-824-8664 ext. Aug 30, 2024 · Average five-star hotel occupancy rate across India in financial year 2020, by month [Graph], Hotels and Restaurants Association Western India, August 21, 2021. 2023; Hotel occupancy rate Australia 2023, by select city or region ; Year End 2021 Hotel Statistics: 45. When compared to pre-pandemic January 2019, statewide ADR and RevPAR were higher in January 2024 but occupancy was lower. It is a key indicator of the strength of the City's tourism industry. 2 percent in 2018. For the month, average room rates soared by 10 per cent from the previous month and rose nearly 6 per cent from October 2023. May 27, 2024 · Hotel occupancy will increase 2. County Lodging Q3 2024 Dec 7, 2024 · Hotel room occupancy rate per month in Wales 2014-2015; Hotel room occupancy rate in Wales 2013-2020; Occupancy rate of hotels in the Italian city of Milan 2014-2019; Occupancy rate: Stay unit nights occupied divided by available monthly stay unit capacity. hotels made significant occupancy gains, reaching 62. as of December 25, 2021 + Accommodation. 1 percent, slightly down from 53. On a nominal basis, the country’s ADR level was the highest for any month on record. 33 ADR | $96. Online sales in the hotel segment will generate 80% of total revenue in 3 years. Sep 7, 2021 · UK hotel occupancy rates have climbed for the third consecutive month to 65% in July, showing an improving picture as restrictions lifted and the sector started to reopen following the third lockdown, according to RSM’s Hotel Tracker. The bleisure market continues to rise —business trips which are extended for leisure ceeded 2022 levels during every month of 2023, and exceeded 2019 levels in both October and Novem-ber. Hotel average daily rate (ADR) is projected to grow by 4. Whether . When adjusted for inflation, the March ADR level was roughly 2% below the 2019 comparable. Room demand is set to reach an all-time high in 2024 according to STR research. 2% for the overall market was still below pre-pandemic occupancy levels but steadily improving. Jul 29, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. There will of course be seasonal and event-based fluctuations in demand, but keeping your hotel as full as possible will ensure that you have money coming in through both high and low seasons. 1% 78. While RevPAR growth decelerated significantly throughout the first half of 2024, minimal hotel room supply additions over the next several years are expected to benefit existing hotels, potentially resulting in price compression in the market. 8 percent in 2023, up from 67. This figure reflects an increase over the previous year's total of 79. The occupancy rate for December was estimated at 58. • ADR for the state remained strong at $189 (+7% YOY/+14% vs. 2015 Nov 30, 2024 · The festive month of October 2024 witnessed a nationwide decline in occupancy rates but reported an overall surge in both average room rates (ARR) and hotel signings when compared year-on-year and with the previous month. 70 ADR | $193. Results further showed that in the month of December the bed Dec 29, 2023 · The average daily rate in Las Vegas hit an all-time monthly high of $249. 2019); RevPAR for the state was $139 (Flat YOY/-2%vs. hotel occupancy and RevPAR were the highest on an absolute basis since July 2021. Apr 29, 2024 · Average monthly wage for hotel and food service workers Thailand 2014-2023; The most important statistics. Leading travel and tourism websites worldwide 2022-2024, by monthly visits; 2 days ago · The U. 2021-2024 Hotel Openings & Projections Hotel openings in 2021 Nov 12, 2024 · Occupancy rate in hotels - Paris Identifier 010599005. 7 percent to 59. 61 percent were international visitors. Occupancy rate in hotels - France Identifier 010599344. Aug 30, 2024 · In fiscal year 2024, the occupancy rate of hotels in India was estimated to be 70 percent, a rise from about 66 percent in last year. Oct 22, 2024 · Canada’s hotel industry recorded its first month-over-month occupancy decline since January 2024, according to CoStar’s September 2024 data. hotel occupancy rate is 64. 5% globally and Hotel average daily rate (ADR) is projected to grow by 4. Arizona Lodging November 2024. Monthly number of hotels and holiday resorts in Denmark 2019; Feb 8, 2023 · Los Angeles has seen weekend occupancy near or above 80 percent since February 2022; however, the average 12-month occupancy is at 71. 2% as of February 2023. 2: 2024: September Feb 3, 2021 · Monthly occupancy rate of hotels in the Asia Pacific region 2013 Hotel occupancy rate by category in Brittany 2017 Cities with the most hotels offering free Wi-Fi in the U. ADR in November increased 0. 8%. Arizona Lodging October 2024. 3 percent. Dec 20, 2024 · In October 2024, the hotel occupancy rate of all surveyed Hong Kong hotels ranged at around 87 percent. 9% in the month as compared to 1. 7% – a 9% increase over 2021. Jun 26, 2024 · Monthly occupancy rate of hotels worldwide 2020-2024 Monthly hotel occupancy rates worldwide 2020-2024, by region Change in monthly number of hotel bookings worldwide 2020-2023 What is occupancy rate? Occupancy rate is the percentage of occupied rooms in your property at a given time. 31 in November, Hotel occupancy for the month rose 0. 2023 Jul 4, 2024 · Monthly hotel occupancy rates worldwide from 2020 to 2024, by region. Demand in the Seattle CBD submarket continues to be hampered by a lack of business travel compared to prepandemic levels, but leisure travel is tracking to match 2019 levels this year Aug 30, 2024 · Occupancy rate of resort hotels in Japan 2014-2023; Monthly occupancy rate of accommodations in Japan 2023, by type; Share of people with Golden Week travel intentions in Japan 2018-2024; Sep 5, 2024 · In December 2023, the occupancy rate of hotels in Dubai, United Arab Emirates, was 79 percent. County Lodging Q2 2024. 2 percent, narrowing the gap to a complete return to pre-pandemic figures. Total guest nights: The number of guest nights spent in short-term accommodation units e. Accessed January 11, 2025. "Average monthly occupancy rate of hotel chains in India in the financial year 2020. 5 percent. May 14, 2024 · Hotel occupancy rate in Macao 2013-2023; Monthly ADR of hotel establishments in the Community of Madrid 2021-2022; Hotel occupancy rate in Brazil 2023, by city; Occupancy rate of hotels in Canada Apr 2, 2024 · That month, occupancy reached a total of approximately 85 percent, indicating the percentage of occupied rooms at the given time. The average hotel occupancy in Hong Kong had been severely hit by the COVID-19 pandemic in Occupancy rate of hotels in the Middle East and Africa 2013, by month Occupancy rate of 3-star hotels in Macao 2013-2023 Occupancy rate of Choice Hotels International in the U. Weekly Report. 6 The Hotel Occupancy Rate indicates the share of San Francisco hotel rooms booked monthly. 7% in October. RevPAR is also expected to grow, reaching an average of $93. Fáilte Ireland Hotel Survey August 2024. Hotel Occupancy; Enplanements at SFO Airport ; The Hotel Occupancy rate estimates the percentage of hotel rooms that were booked each night. Skip to main content Monthly container freight rate index worldwide 2023-2024; May 22, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 7 percentage points year-over-year, coming in at 81. As of 2021, the occupancy rate in hotels in Kenya was projected at 51. May 30, 2023 · Occupancy rates in general are moving upward as summer approaches for most of the world, with 40 out of 48 countries in the 50,000-room group reporting occupancy rates above 60%. The Hotel Survey report provides key performance data, room and bed occupancy rates, Average Daily Rates (ADR) and Revenue Per Available Room (RevPAR) of Irish hotels at a national and county level (where available) in August 2024. 05 ADR | $223. Transient demand exceeded 2022 every month and was just shy of 2019 levels. Mar 9, 2023 · The average U. 7% 86. All day types increased transient occupancy throughout the year with December transient shoulder periods seeing a NYE boost. 4 percent and RevPAR rose 2. Uneven recovery has been the case throughout the pandemic. 2025; Monthly Oct 18, 2021 · South Africa’s hotels recorded an occupancy rate of 20% in August 2021, data from StatsSA shows. 7: 2024: September: 83. 4% Occupancy | $212. Information on occupancy can be viewed by region, destination type and establishment size. 6 percent. Three years later, in April 2023, the hotel occupancy rate in South America was 56 Aug 2, 2024 · Hotel room occupancy rate per month in Wales 2014-2015; Occupancy rate of hotels in the Italian city of Milan 2014-2019; Hotel occupancy rate in the United Kingdom (UK) 2008-2017; Apr 18, 2024 · In October 2023, the average hotel occupancy rate in North Africa stood at 62 percent, slightly decreasing compared to the previous month. STR, 2020 Hotels and Restaurants Association Western India. 9 percent year over year to $152. The data are broken down by market, with every area in the state being covered by at least 1 market. https Dec 5, 2024 · In 2019, the occupancy rate in hotels varied depending on the month in France. The largest positive month-on-month growth rates were recorded for: guest-houses and guest Jun 15, 2016 · Hotel occupancy rates 06-15-2016 12:56 PM. two guests staying 3 nights would generate 6 guest nights. Premium Statistic Hotel occupancy rate in Las Vegas 2001-2023 • In 2019, hotel/motel occupancy followed the same general monthly trend as in recent years, however the fall months appear to have shifted downward in terms of occupancy growth. 6% Lee County Occ Rates by Month 2017 Sep 13, 2024 · Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023; Social media: global penetration rate 2024, by region Premium Statistic Hotel occupancy rate in Las Vegas 2001 May 29, 2024 · In 2022, the average occupancy rate (AOR) for hotels and accommodation in Singapore was about 75. 01 to 80 percent. 04. had a hotel occupancy rate of 71. hotel occupancy rates which stabilized in recent years and didn’t drop below 50 percent in 2024, peaking at 70 percent in the busier summer Jan 6, 2025 · Like in October, occupancy growth was the main driver as the gain in average daily rate (ADR) was under 1%. ) • Family travel destinations San Diego and Orange County saw declines in occupancy relative to their peak in July; San Francisc o’s Dec 11, 2024 · The Aspen Chamber Resort has monthly statistical data available from 1985 to date. 03 RevPAR . Facebook: quarterly number of MAU (monthly active Oct 2, 2024 · Monthly container freight rate index worldwide 2023-2024; "Occupancy rate of hotels and similar establishments in Punta Cana, Dominican Republic from 2014 to 2023. 5% increase in average daily rate (ADR), drove a 2. 2023 Seasonality plays a large role in MSP’s hotel occupancy rates, and therefore it is difficult to observe the influence of the COVID19 pandemic in month over month trends in the data. 2 percent in Q2 2024, solidifying a return to stabilized pre-covid levels. Monthly hotel occupancy rates worldwide 2020-2024, by region + Accommodation. For example, the summer period tended to register higher hotel occupancy rates. 5% globally next year. Below please find the link to our bi-weekly report as well as our historical monthly report. Dec 5, 2022 · Rates, however, have not yet peaked, so the delta between occupancy recovery and ADR recovery is growing. VISIT FLORIDA provides monthly reporting from STR for up to 200 partners each month. hotel industry reported lower performance results from the previous month, according to November 2024 data from CoStar. 34 RevPAR Year End 2022 Hotel Statistics: 69. 2013 and 2015; Occupancy rate of hotels in Europe 2020-2023, by month; Monthly occupancy rate of hotels in the Asia Pacific region 2013 Aug 30, 2024 · In the financial year 2023, 25. 3504. Increased construction is driving increased vacancy rates, with levels not anticipated to moderate until 2025. Week Ending 01. [Online]. The latest hotel occupancy monthly tables can be accessed below: November 2024 hotel occupancy survey publications ; October 2024 hotel occupancy survey publications; September 2024 hotel occupancy survey publications; August 2024 hotel occupancy survey publications; July 2024 hotel occupancy survey publications Apr 18, 2024 · Monthly container freight rate index worldwide 2023-2024; "Rate of occupancy of hotel rooms in Australia from 2008 to 2020. 91) and GOPPAR (US$96. Occupancy rate in hotels - Paris; Year Month Value; 2024: October (p) 84. Nov 26, 2024 · The occupancy rate of hotels in the United States reached 67 percent in October 2024. 1% 83. 9%, while Apr 5, 2024 · The publication of “Occupancy Rate of Hotel Room” 2023 contains data on hotels development, such as level of occupancy of hotel rooms, number of guests staying, average length of stay, night used rooms, night stay guests, and bed occupancy rate. 52 RevPAR Year End 2023 Hotel Statistics: 76. The monthly hotel occupancy is an average of the occupancy rate each night of the month. Aug 6, 2024 · - Hotel demand increased by 1. In October, the month when hotel occupancy in Boston typically peaks, 89% of Boston hotel rooms were occupied in 2023, just shy of the 91% occupancy rate recorded in 2019. 2019) and driving a nearly recovered RevPAR for the state of $131 Hotel Room Occupancy Tax is separate from the NYC Sales Tax on hotel room occupancy and is charged in addition to the Sales Tax. Even with the stronger occupancy, the measure remained 2 percentage points (ppts) in arrears versus November 2019. S. The higher occupancy in 2018 (and lower occupancy in 2019) is due in part to lower supply a result of the hurricanes the last two years. That month, the occupancy rate of such accommodation services in the country was 69. of hotel statistics to produce hotel bed occupancy rate. 7 percent, the highest among all types of accommodations in that month. Take 2020 and 2021, for example, when “false dawns” were dashed by new COVID variants. In April 2020, the hotel occupancy rate in South America was 11 percent, down from 31 percent the previous month. During July 2016, the hotel occupancy rate for the Emirate of Dubai was about 67 In April 2020, the hotel occupancy rate in Central/Eastern Europe fell to six percent. This shows a slight increase when compared to the previous year. Premium Statistic Change in monthly number of hotel bookings worldwide 2020-2023 Monthly occupancy rate of hotels worldwide 2020-2024; Monthly hotel occupancy rates worldwide 2020-2024, by region; Change in monthly number of hotel bookings worldwide 2020-2023; Monthly hotel occupancy survey . May 29, 2024 · In the year 2023, the bed occupancy rate of hotels in Barcelona reached more than 82. hotel occupancy is projected to reach 63. quarterly number of MAU (monthly active users) worldwide 2008-2023; Social media Dec 19, 2024 · The average daily U. Jan 30, 2024 · Notable was the strong group shoulder occupancy in December, likely impacted by the NYE calendar shift. 2 percent. Hotel occupancy rates in Boston exceeded 2022 rates every month of 2023. In April 2024, the trailing 12-month occupancy rate of 70. Time series. Average monthly occupancy rate of five-star deluxe hotels in India FY Jan 4, 2025 · The following reports include data for Virginia, STR’s pre-defined geographies across Virginia (markets and submarkets), and Virginia’s ten tourism regions. 2% year-over-year increase in Q2 revenue per available room (RevPAR). 2017-2022, by brand May 22, 2024 · Monthly occupancy rate of hotels worldwide 2020-2024 Monthly hotel occupancy rates worldwide 2020-2024, by region Change in monthly number of hotel bookings worldwide 2020-2023 Dec 5, 2024 · The occupancy rate for hotels in Paris was at its highest in June, at approximately 86 percent. Jul 11, 2024 · Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 7% gain in occupancy. Understanding your hotel’s occupancy rate is pivotal in crafting viable operational, pricing, and marketing strategies. Feb 3, 2021 · Occupancy rate of hotels in Canada 1995-2016; Occupancy of 5-star hotels in China compared to 3-year average Q2 2018, by city tier; Occupancy rate of hotels in the Americas 2013-2017 Jun 26, 2024 · Occupancy rate of Naples, Florida in the U. Siteminder predicted hotel occupancy will increase 2. - Higher occupancy, coupled with a 1. County Lodging Q1 2024. 5 percent to $90. Accessed January 04, 2025 "The Manhattan hotel market averaged an occupancy level of 87. 5 percent in 2023. Hi everyone, However my issue is if I want to work out the occupancy rate on a day, week, month, or year how to get Aug 30, 2024 · In the financial year 2023, the city of Mumbai had the highest hotel occupancy rate among the listed major cities in India, at 78. In 2020, hotel occupancy was severely impacted Aug 23, 2024 · Hotel booking statistics. Tourism is a key component of San Francisco's economy and is a major source of revenue for local businesses and government. August 21, 2021. 9%) and a significant improvement over 2020’s historic annual low (43. In the month of December, out of 185 hotels surveyed, 52 responded. g. " Aug 30, 2024 · In financial year 2021, the occupancy rate in midscale hotels in India was about 37 percent, while the overall average was about 34 percent during the measured time period. COVID-19's effect on hotel KPIs in the U. AOT provides the most recent Quarterly reports and Year-to-Date Monthly lodging data for Arizona. Monthly container freight rate index worldwide 2023 Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. STR Global – Hotel Data Average Daily Rate An analysis of Average Daily Rate shows a similar seasonal spread to Occupancy, notably that prices peak in August (£89) but unlike with occupancy data prices remained higher in Q4 (£75) compared to Q1 (£71), Q2 at £84 shows a steady rise in prices toward the summer. hduevcjkamortrxawuoslcyhlzgrcmawzbgnnfacp