Global Occupancy, Excluding the U.S., Moved to 66.5%, Up 5.3ppts YoY and Flat from the Previous Week. Occupancy is Trending in Line with Pre-pandemic Norms As 2017, 2018 and 2019 All Showed a Similar Slowdown of Occupancy from Mid-November Toward the End of the Year.
Global occupancy, excluding the U.S., reached 66.8%, up 5.5ppts YoY and down slightly week over week (-1.9ppts). ADR reached US$131, up 7.3% YoY with RevPAR at US$87 (+17.0% YoY).
Global occupancy outside the U.S. continues to show year-over-year growth with the United Kingdom and Japan posting the strongest performance across the largest countries.
Global occupancy, excluding the U.S., also improved following a year-over-year decline the week before. Occupancy increased 3.9ppts WoW to 68%. Year over year, occupancy also continued to improve at a much faster rate than the U.S., increasing 7ppts compared to the same week last year. Weekly global ADR increased 10% YoY, keeping RevPAR growth in double figures (+17.6%).
While lower than a week prior, global occupancy, excluding the U.S., was up 4.2ppts year over year to 64.1%. Occupancy fell 6ppts versus the previous week, which is better than the 6.8ppts drop seen the last time Halloween was on a Tuesday (2017).
The top 10 countries, based on supply, continued to see strong performance, with this week’s occupancy reaching 73.8%, up 10.8ppts from a year ago, with ADR and RevPAR growing 7.9% and 26.3%, respectively.
Global occupancy, excluding the U.S, fell slightly WoW (-0.6ppts) to 68.9%. The decrease was in line with seasonal trends as calendar shifts impact global occupancy week over week, particularly in the last months of the year. However, global occupancy continued to grow versus last year, up 6.1ppts.
Global occupancy, excluding the U.S, increased 0.8ppts week on week to 69.5%. As compared to last year, occupancy was up 6.8ppts, the largest year-over-year increase since May 2023. ADR climbed to US$161, up 18.7% YoY. RevPAR grew 31.5% to US$112.
Global occupancy, excluding the U.S, fell 3.1ppts week on week to 69.0%. This is similar to the decrease seen in the same week of 2019 (-2.6ppts). As compared to last year, occupancy was up 4.6ppts, which was the same as a week prior. ADR climbed to US$159, up 18.5% YoY. RevPAR grew 26.9% to US$109 up 26.9%.
As compared to the week prior, global occupancy (excluding the U.S) grew slightly, up 1.2ppts to 72.1%. There continued to be strong year-over-year growth with the measure up 4.6ppts. ADR showed solid gains, rising 11.8% to US$150, which was the first time above US$150 in the past five weeks. RevPAR growth remained robust, up 19.3% YoY to US$108.