London hotel occupancy rose 2.5% to 85.9% in November, according to preliminary data from STR. ADR rose 3% to £156.94 ($198), which drove RevPAR up 5.6% to £134.85 ($170.13).
According to preliminary November data from STR, hotels in Jeddah, Saudi Arabia, reported occupancy decreased 4.3% to 43.9%, ADR dropped 10.1% to 624.69 Saudi Arabian riyals ($166.58) and RevPAR fell 14% to 274.35 riyals ($73.16).
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European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats.
Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
At the industry level, US hoteliers enjoyed solid gains in the just-ended month of November, according to the published December issue of the Hotel Industry Pulse (HIP) Digest.
Expedia.com analyzed thousands of data points this year to identify the top trends in travel for 2018, and the results show that American travelers are increasingly interested in unique and novel experiences. Highlights from the report include the rise of secondary destinations like Chiang Mai, the Azores and Cartagena, and non-traditional lodging options such as tentalows and houseboats.
The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 25 November through 1 December 2018, according to data from STR.
Canadian hotel occupancy rose 2.2% to 62.8% during the week of 25 November to 1 December, according to STR. ADR similarly increased 2.4% to 146.86 Canadian dollars ($109.47), which drove RevPAR up 4.6% to CA$92.27 ($68.77).
Atlanta hosts Super Bowl LIII in February, and while the market has one of the highest number of hotel rooms available among the past eight Super Bowl host cities, Atlanta's absolute occupancy and ADR are expected to be lower than those of past Super Bowl host markets.