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473. What Impact Did the Diamond Jubilee Celebrations Have on Hotels in London?
London received enormous global attention during H.M. the Queen's Diamond Jubilee, as the city hosted festivities over four days earlier this month. Hundreds of thousands of well-wishers lined up along the River Thames, or along the streets between St Paul's Cathedral and Buckingham Palace, parties were held around the country, while millions more watched on television and the inte
474. Global Hotel Inventory Reaches 13.4 Million Rooms
Whilst North America remained the leading market for branded hotel rooms (66% of the region's inventory) as of February 2012, it also represents 41.4% of the global room stock with 5,565,866 daily rooms available. It is closely followed by Europe (29.7%) with 3,998,603 daily rooms and Asia (21.6%) with 2,897,823 daily rooms.
475. Asia Pacific Hotel Pipeline for June 2009
Asia Pacific Hotel Pipeline for June 2009. Among the key markets, Shanghai, China, reported the most rooms in total active pipeline with 13,706. Three other markets reported more than 5,000 rooms in the total active pipeline for the month: Mumbai, India, ended the month with 9,391 rooms; Bangkok, Thailand, ended with 8,622 rooms; and Beijing, China ended with 5,800.
476. Oversupply Impacts South Africa Hotel Performance
Hosting the FIFA World Cup in June and July last year gave South Africa the opportunity to show the world its outstanding natural beauty and hospitality. Many new hotels were opened to cope with the spectators, country delegations, media, etc., and a year later the influence of this overbuilding is impacting hotel performance.
477. Hotels in Asia Pacific Report Increase in OR and RevPAR
Compared with November 2015, hotels in the Asia Pacific region reported a 3.1% increase in occupancy to 72.3%, ADR dipped 1.0% to US$101.65 and RevPAR grew 2.1% to US$73.49.
478. Hotels in Asia Pacific Report May 2018 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, hotels in the Asia Pacific regional reported a May 2018 increase in Occupancy of 0.8% to 68.9%, growth of 1.1% in ADR to US$102.95 and a RevPAR increase of 1.9% to US$70.90. In Japan, Occupancy rose 0.6% to 83.2%, ADR smudged 0.1% higher to to JPY14,788.12 and RevPAR was up 0.7% to JPY12,304.41.
479. Hotels in Asia Report Increase in ADR, OR and RevPAR
Compared to August 2014, hotels in the Asia Pacific region reported a 1.3% increase in occupancy to 72.7%, a 1.0% rise in ADR to US$109.21 and a 2.3% increase in RevPAR to US$79.41. Bangkok, Thailand, experienced double-digit growth in occupancy (+10.4% to 76.3%) and RevPAR (+16.0% to THB2,469.93). ADR in the market increased 5.1% to THB3,235.02. The positive results came even with
480. Hotels in Asia Pacific Report 2017 Increase in ADR, OR and RevPAR
In U.S. dollar constant currency, 2017 vs. 2016, hotels in Asia Pacific reported a 2.6% increase in Occupancy to 70.9%, ADR increased by 0.9% to US$100.57 and RevPAR was up 3.6% to US$71.31.

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