Almost 80% (79%) of hotel markets globally saw growth in revenue per available room (RevPAR) compared with 2019 as of Nov. 11, according to STR’s “bubble chart,” which tracks “running” 28-day performance in the hospitality industry. As opposed to the previous update, more markets outside Europe have taken the top positions in recovery as winter approaches in the Northern Hemisphere.

Among countries with 50,000 rooms and adequate hotel reporting levels, the United Arab Emirates, South Korea, Singapore, France and Italy led in RevPAR on an actual basis. More countries in Asia are in leading spots in the measurement as most European countries approach low season.

Notably, the United Arab Emirates and South Korea reached occupancy of more than 80%, while Japan was not far behind at 79%. This points to a more balanced recovery between the Asia-Pacific region and the rest of the world. South Korea and Japan average daily rate (ADR) came in at $214 and $223, respectively.

Business Travel News Promo

The top five countries leading in RevPAR growth compared with 2019, with a monthly room supply above 50,000 rooms, were Brazil, Saudi Arabia, Colombia, the Dominican Republic and the United Arab Emirates. As the Southern Hemisphere enters its summer season, growth has shifted to warmer regions. Image: Shutterstock