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market reports

market reports

ITA Data Release: October 2022 Total International Travel Volume

International Trade Administration | January 5, 2023

Data recently released by the National Travel and Tourism Office (NTTO) show that in October 2022: International Arrivals to the United States Total non-U.S. resident international visitor volume to the United States of 5,136,449, increased 144.9% compared to October 2021 and rose to 76.8% of the pre-COVID total visitor volume reported for October 2019, up from the prior month’s 72.7%. Overseas visitor volume to the United States of 2,456,788 increased 217.1% from October 2021. October 2022 was the nineteenth consecutive month that total non-U.S. resident international arrivals to the United States increased on a year-over-ye...

Amid Worsening Economic Outlook, Excessive Visa Wait Times Deter Visitors to the U.S.

U.S. Travel Association | November 30, 2022

WASHINGTON (November 30, 2022)—U.S. Travel Association’s biannual travel forecast shows a significant downgrade in international inbound travel for the rest of 2022 and 2023—a worrying trend caused by economic concerns and exacerbated by excessive wait times for first-time visa applicants. Potential visitors from top source markets—including Brazil, India and Mexico—currently confront 400-800-day wait times to meet with U.S. Consular officials. “While economic concerns are natural, excessive visitor visa wait times are a manmade obstacle that the Biden administration seemingly refuses to address,” said U.S. Travel Associatio...

STR: Canada Hotels Post Highest Rates Since September 2019

STR | June 27, 2022

HENDERSONVILLE, Tennessee—Canada’s monthly hotel performance improved from the previous month yet again, and room rates reached the highest level since September 2019, according to STR’s May 2022 data. May 2022 (percentage change from May 2019) Occupancy: 63.4% (-6.7%) Average daily rate (ADR): CAD171.37 (+2.8%) Revenue per available room (RevPAR): CAD108.67 (-4.1%) In addition to the highest ADR level since September 2019, the May RevPAR level was the country’s highest since October 2019 while occupancy was its highest since August 2021. “Overall, May was a strong month for Canada hotels, with many of the segme...

STR: Sydney’s Hotel Industry Showed Steady Occupancy Levels in May

STR | June 16, 2022

LONDON—Sydney’s hotel industry reported steady occupancy, while room rates fell slightly from the prior month, according to preliminary May 2022 data from STR. Occupancy: 65.1% Average daily rate (ADR): AUD233.96 Revenue per available room (RevPAR): AUD152.32 When looking at daily data, Tuesday and Wednesday occupancy levels hovered between 65% and 75% and outperformed most Saturdays, which shows an increase in business demand. The highest daily occupancy level for the month (82.8%) came on 28 May, the first Saturday of Vivid Sydney 2022. The event also drove ADR to AUD305.18, which was up 10.7% from the Saturday prior. ...

February 2022 Total International Travel Volume To and From the United States

National Travel and Tourism Office | May 2, 2022

Data recently released by the National Travel and Tourism Office (NTTO) show that in February 2022: International Arrivals to the United States Total non-U.S. resident international visitor volume to the United States of 2,269,089 increased 223.5% from February 2021 but was 44.6% of total visitor volume in February 2019. Overseas visitor volume to the United States of 1,047,469 increased 339.1% from February 2021. February 2022 was the eleventh consecutive month that total non-U.S. resident international arrivals to the United States increased on a year-over-year basis. The largest numbers of international visitors were fr...

First-Quarter 2022 Hotel Performance Ends on High Note

HotStats | April 28, 2022

Beware the ides of March. But for the global hotel industry, the month was anything but a tragedy. First-quarter hotel performance ended strong with March profit surging across most global regions, a sign of stronger revenues, better conversion rates and new worries over a COVID upsurge not discouraging would-be travelers. European GOPPAR hit €35.97, the highest the number has reached since it peaked in October 2021, though still around €12 lower than March 2019. After GOPPAR dropped into negative territory in January, it’s now up 229% YTD compared to the same time in 2021. Feeding into the increase in GOPPAR was a concurrent l...

Lonavala: a Thriving Leisure Destination in Maharashtra

Saniya Zanpure | April 18, 2022

By Saniya Zanpure, Dipti Mohan Lonavala, popularly known as the “city of caves” or the “jewel of Sahyadri” is a small town located more than 2,000 feet above sea level in the Sahyadri range in the Indian state of Maharashtra. It is one of the most visited hill stations in the country due to its tropical climate and pleasant weather all year round, as well as its strategic location 60-80 kilometers from key metropolitan cities in the state such as Mumbai and Pune. Moreover, the town is surrounded by dense forests, magnificent waterfalls, tranquil lakes, green valleys boasting spectacular views, caves, and forts, which have made Lona...

STR: Berlin Hotel Performance Improved in March

STR | April 13, 2022

LONDON — April 13, 2022 — Berlin’s hotel industry reported month-over-month performance improvement, according to preliminary March 2022 data from STR. Occupancy: 51.3% Average daily rate (ADR): EUR84.98 Revenue per available room (RevPAR): EUR43.57   The occupancy and RevPAR levels were the highest in the market since November 2021. These levels were still 30% and 40% below the pre-pandemic comparables from 2019, respectively. Daily data shows that Berlin’s weekday and weekend performance is more aligned, pointing to increased business demand during the weekdays. All of STR’s COVID-19 analysis can be fo...

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