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International Occupancy and Rate Report
November 2002 Summary Report

 
The HotelBenchmark Summary Report for November 2002 from Deloitte and Touche
illustrates the continuation of mixed performance for hotels across Asia Pacific, the Caribbean and Latin America, Europe and the Middle East. 

To mitigate the impact of seasonality, the rolling 12-month summary report reflects the performance of a consistent sample of hotels between December 2001 and November 2002. Key markets across the Asia Pacific region demonstrate that occupancy levels generally improved both for the month of November and for the rolling 12-months to November when compared to the same periods the previous year.  Auckland shows the greatest improvement in performance during November as high occupancy levels during the America's Cup enabled hoteliers to increase average room rates by 35 percent when measured in US dollars, boosting RevPAR by a massive 66 percent.

November 2002 Performance

November performance in US dollars
Occupancy
Average room rate
RevPAR
2002
Change
2002
Change
2002
Change
%
 
US$
 
US$
 
             
Asia Pacific (HotelBenchmark sample represents approximately 1,100 hotels across the region)    
Auckland 
91.1
21.4%
67
34.7%
61
63.5%
Beijing 
81.0
13.6%
79
3.4%
64
17.5%
Hong Kong 
88.3
17.7%
129
9.4%
114
28.8%
Singapore 
72.2
9.7%
86
-0.7%
62
9.0%
Sydney Central 
85.9
21.5%
91
11.7%
78
35.7%
Tokyo 
86.7
2.2%
176
0.5%
153
2.7%
             
Caribbean and Latin America(*) (HotelBenchmark sample represents approximately 370 hotels across the region)  
Buenos Aires 
49.6
-5.1%
78
-40.9%
39
-43.9%
Mexico City 
72.6
16.0%
124
-8.2%
90
6.5%
Quito 
66.4
17.0%
79
17.4%
52
37.3%
Sao Paulo 
50.7
-0.8%
80
-27.3%
41
-27.9%
Santiago 
60.6
31.9%
95
-11.3%
58
16.9%
             
Europe (HotelBenchmark sample represents approximately 3,750 hotels across the region)    
Amsterdam 
77.5
-4.4%
141
6.6%
109
2.0%
Berlin 
61.4
-6.0%
93
12.1%
57
5.4%
Brussels 
67.8
-3.5%
103
7.8%
70
4.1%
London 
81.7
13.5%
158
9.5%
129
24.4%
Madrid 
76.6
2.6%
132
11.8%
101
14.7%
Paris 
70.7
13.4%
164
8.9%
116
23.5%
Rome 
65.1
4.7%
167
14.9%
109
20.3%
Vienna 
59.6
-2.9%
89
2.2%
53
-0.9%
             
Middle East (HotelBenchmark sample represents 700 hotels across the Middle East & Africa)    
Cairo - All 
49.1
14.3%
60
-16.1%
30
-4.2%
Dubai - All 
67.4
8.9%
107
-6.5%
72
1.8%
Jerusalem 
34.7
34.3%
63
-9.2%
22
22.0%
Riyadh 
52.3
-18.3%
112
-12.0%
58
-28.1%
.
Rolling 12 Months to End of October 2002
Rolling 12 months to end of November 2002 in US dollars
Occupancy
Average room rate
RevPAR
2002
Change
2002
Change
2002
Change
%
 
US$
 
US$
 
             
Asia Pacific (HotelBenchmark sample represents approximately 1,100 hotels across the region)    
Auckland 
70.2
5.8%
56
11.7%
39
18.2%
Beijing 
75.4
6.0%
76
-0.1%
57
5.8%
Hong Kong 
77.9
4.3%
117
-7.8%
91
-3.8%
Singapore 
70.1
-0.9%
86
-6.3%
61
-7.2%
Sydney Central 
70.9
5.2%
84
-0.1%
60
5.2%
Tokyo 
79.6
1.7%
172
-3.8%
137
-2.2%
             
Caribbean and Latin America(*) (HotelBenchmark sample represents approximately 370 hotels across the region)  
Buenos Aires 
41.5
-23.0%
96
-36.4%
40
-51.0%
Mexico City 
67.0
1.3%
125
-7.9%
84
-6.6%
Quito 
52.0
2.8%
74
1.8%
38
4.7%
Sao Paulo 
47.4
-9.4%
100
-26.9%
47
-33.7%
Santiago 
48.9
-0.4%
99
-18.9%
48
-19.2%
             
Europe (HotelBenchmark sample represents approximately 3,750 hotels across the region)    
Amsterdam 
77.9
-1.1%
137
2.9%
107
1.8%
Berlin 
62.5
-4.8%
94
7.5%
59
2.3%
Brussels 
64.6
-5.2%
96
3.7%
62
-1.7%
London 
75.2
0.9%
147
-3.0%
111
-2.1%
Madrid 
68.8
-2.8%
128
5.8%
88
2.9%
Paris 
72.5
-2.8%
172
8.2%
125
5.1%
Rome 
67.6
-8.3%
175
10.8%
119
1.6%
Vienna 
66.5
-1.2%
90
1.6%
60
0.4%
             
Middle East (HotelBenchmark sample represents 700 hotels across the Middle East & Africa)    
Cairo - All 
62.5
-1.7%
65
-21.4%
41
-22.7%
Dubai - All 
78.3
7.1%
105
-5.3%
82
1.5%
Jerusalem 
33.2
-1.2%
70
-5.3%
23
-6.4%
Riyadh 
60.5
10.1%
115
-0.4%
69
9.7%

 
NOTES

(*) Caribbean & Latin America data is one month in arrears

Contributing hotels include both independent and group operated units and the sample is typically representative of quality hotel supply. To ensure direct comparability of results, only hotels that have been able to provide two full years of trading data have been included in this survey. The exception however, is that new hotel openings are now included in the results. 

The HotelBenchmark Survey by Deloitte & Touche is the leading survey of its kind, containing data from over 6,000 hotels across all areas of the world outside of North America. The results below reflect a sample of the 320 markets on which we report on a monthly basis, providing depth of coverage and sample sizes, which are unsurpassed in the majority of regions. To learn more, visit our web site at www.HotelBenchmark.com or contact us at [email protected].

This report contains proprietary information of Deloitte & Touche, and any reproduction of this report, in whole or part, must be attributed to the 'HotelBenchmark Survey by Deloitte & Touche' and display the following copyright notice �©Deloitte & Touche 2002. All rights reserved.� Failure to do so may result in legal action. 

Whilst every effort has been made to ensure the accuracy of the information contained in this report, this cannot be guaranteed and neither Deloitte & Touche nor any related entity shall have any liability to any person or entity who relies on the information contained in this report. Any such reliance is solely at the users risk.


 
Contact:
Lorna Clarke
HotelBenchmark Survey
Deloitte & Touche
180 Strand, London WC2R 1BL
United Kingdom
Tel: 44 20 7438 2870, Fax: 44 20 7304 1391
E-mail: [email protected]
www.HotelBenchmark.com
Also See: International Occupancy and Rate Report / October 2002 / Deloitte & Touche / Dec 2002
Cardiff's Hotel Industry More Robust than Any Other UK City; London Fared the Worst, with Profits Declining 15 percent / Deloitte & Touche / Nov 2002
London Hotel Market RevPAR Declines 16 percent in March 2002 / Andersen / April 2002


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