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This 4D Focus quarterly report uses global data sourced from FCM corporate bookings made offline, online (via OBT), GDS and non-GDS bookings during April to June 2017 (Q2 2017). The average room rates (ARR) quoted are booked rates (excluding taxes). Variations in rates booked are a reflection of season, supply and demand, corporate buying behaviour and availability.
Unless otherwise stated USD$ is reported.
London’s devaluation of the pound during 2016 is said to have stimulated an 8% increase in visitors during Q2 2017 compared to same period last year. There was a total of 10.75M inbound visitors during this period, whilst Britons leaving the country took a total of 19.09M overseas trips (+1% on last year). Corporate travel arrivals into London dropped 4% during the quarter confirming the increase of inbound leisure travellers.
After a record Q1, Sydney occupancy dropped to 83.9%. The recent re-opening of the Sydney International Convention Centre will continue to drive increases in occupancy levels for the city over the coming year.
Q2 2017 OCCUPANCY *
VAR. ON 2016
AUSTRALIA 72.7% +0.2%
LONDON 75.1% +1.7%
CHINA 69.5% +4.8%
USA 69.5% +0.5%
EGYPT 46.8% +13.9%
CANADA 68.0% +1.7%
NETHERLANDS 79.5% +3.9%
VIETNAM 70.6% +9.1%
BRAZIL 50.4% -1.3%
*Sourced from STR & public news sources
Corporate travellers in Q2 2017 have resumed their usual travel patterns post 2016 – a year of uncertainty. During this quarter Easter fell in mid April, and the northern hemisphere moved into summer causing the usual seasonal slow in corporate travel. There was an increase in FIT (Free Independent Travel) into major tourist locations across Europe, North America and Asia.
Top cities seeing a rise in occupancy due to corporate and FIT travel were New York, Guangzhou, London and Sydney.
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Annual Analysis
Cities3500+Countries200+
400+
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Hotel Rating 3-5
Average Nights Away2.1
Multi- Booking Stream
60+
4
$USD
North America ARR$151 +7%
AmericasARR $95 0%
MEAARR $192 +5%
Asia ARR $127 0%
Europe ARR $142 -1%
OceaniaARR $127 +6%
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Corporate ARR Q2 2017 vs same period 2016 decreased 1%
across the region. Occupancy was 75.1% (+2.1% on last year
and +11.6% on Q1 2017)
-1.0%
MUNICH
STOCKHOLM
MILAN
+ 1.4%
+ 3.5%
+ 1.4.%
LONDON
DUBLIN
PARIS
+ 6.4%
+ 1.4%
+ 1.4%
$138MUNICH$219
PARIS
$167DUBLIN $226
LONDON
$194MADRID
$115ABERDEEN
$113LIVERPOOL
$209AMSTERDAM
$171MOSCOW
$124ISTANBUL
$127BUCHAREST
$165MILAN
$152BERLIN
$143BUDAPEST
$262STOCKHOLM
$296OSLO
$USD
+ 21.7%
- 8.5%
- 3.7%
+ 16.6%
+ 9.5%
Local Currency ARRVar. Q2 2017 vs Q2 2016
ROE to USDVar. Q2 2017 on 2016
- 0.4%
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$234TOKYO
$171BEIJING
$138JAKARTA
$156GUANGZHOU
Average Q2 2017 regional rate compared to Q2 2016 remains
flat. Regional occupancy 70.1% (+3.1% on same period last
year and +1.8% on Q1 2017. FLAT$178
SHANGHAI
$234HONG KONG
$104HANOI
$216MANILA
$131BANGKOK
$168TAIPEI
$164SEOUL
$124BANGALORE
$117CHENNAI
$140DELHI
$216SINGAPORE
$104KUALA
LUMPUR
SINGAPORE
BANGALORE
MANILA
+ 1.1%
- 3.8%
+ 5.6.%
BEIJING
SHANGHAI
DELHI
+ 3.7%
+ 3.7%
- 3.8%
+ 1.7%
+ 42.5%
+ 20.5%
- 4.2%
+ 9.4%
+ 5.3%
Local Currency ARRVar. Q2 2017 vs Q2 2016
ROE to USDVar. Q2 2017 on 2016
$USD
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$189SYDNEY
Q2 ARR increased due to strong demand (leisure & corporate) in
Sydney and Auckland. Occupancy in Australia 72.7% (-0.2% to
same period last year). Highest occupancy reported in Auckland
with +90% and Sydney 83.9%.
+6%
$157MELBOURNE
$151PERTH
$142BRISBANE
$155DARWIN
$127ADELAIDE
$121HOBART
$168CANBERRA $105
HAMILTON
$151AUCKLAND
$128CAIRNS
$140NEWCASTLE
$144WELLINGTON
$128CHRISTCHURCH
PERTH
CHRISTCHURCH
BRISBANE
- 1.0%
- 0.2%
- 1.0%
SYDNEY
AUCKLAND
MELBOURNE
- 1.0%
- 0.2%
- 1.0%
- 7.7%
+11.9%
- 2.3%
+ 8.9%
+ 14.4%
- 1.9%
Local Currency ARRVar. Q2 2017 vs Q2 2016
ROE to USDVar. Q2 2017 on 2016
$USD
$232P.MORESBY
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During Q2 the regional ARR remained flat at $95.
Regional occupancy is +1.0% to 54.2% (+1% on Q2 last
year and -1.1% on Q1 2017).FLAT
$150BUENOS AIRES
QUITO
SANTA CRUZ
SAO PAULO
0%
0%
- 9.8%
BOGOTA
BUENOS AIRES
- 5.0%
+ 5.9%
- 4.9%
+ 15.2%
- 6.0%
- 8.6%
+ 9.3%
Local Currency ARRVar. Q2 2017 vs Q2 2016
ROE to USDVar. Q2 2017 on 2016
$98RIO
$140SALVADOR
$160SANTIAGO
$137BOGOTA
$174LIMA
$110QUITO
$120CARTAGENA
$129SANTA CRUZ
$USD
$107SAO PAULO
$113MONTEVIDEO
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ARR increase during the quarter due to the 2016 low rate
base caused by a year of local uncertainty. USA occupancy
69.5% (+0.5% on last year and +8.8% on Q1 2017)+7.0%
$USD
MEXICO CITY
MIAMI
VANCOUVER
+ 1.1%
0%
+ 1.8%
NEW YORK
BOSTON
DALLAS
0%
0%
0%
-16.4%
-0.6%
+15.0%
+25.%
+ 3.1%
+ 15%
Local Currency ARRVar. Q1 2017 vs 2016
ROE to USDVar. Q1 2017 on 2016
$236LOS ANGELES
$148VANCOUVER
$211BOSTON
$165TORONTO
$99EDMONTON $148
OTTAWA
$319NEW YORK
$179MEXICO CITY
$210CHICAGO
$236SEATTLE $188
DENVER
$157DALLAS
$161ATLANTA
$161MIAMI
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$101JOHANNESBURG
$237NAIROBI
$177CAIRO
$220LAGOS
$190RIYADH
$153DUBAI
$156DOHA
$235ABIDJAN
$310KINSHASA
$190LUANDA
$228AMMAN
$121CAPETOWN
$111ABU DHABI
Africa regional rates continue to trend down this quarter,
whilst ME has mixed performance of -% and +%. Occupancy
in ME is 62.4% (-0.1% on last year), Africa is 53.3% (+2.7%
on last year)
+5.0%
DUBAI
JOHANNESBURG
- 8.8%
- 9.7%
ABU DHABI
AMMAN
0%
0%
- 10.4%
- 20.5%
- 19.2%
+ 6.0%
RIYADH0%- 28.0%
Local Currency ARRVar. Q2 2017 vs Q2 2016
ROE to USDVar. Q1 2017 on 2016
$USD
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More Information about
4D Focus - Global Hotel Trends Q2 2017
Dean Easton E: [email protected] M: +61 401671701
Emma Duff E: [email protected] M: +61 424161076
Felicity Burke E: [email protected] M: +61 407097599
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