hospitality exchange 2017hospitalityexchange.org.uk/wp-content/uploads/2017/... · © 2017 str. all...

©2016STR.AllRightsReserved.

HospitalityExchange2017HotelPerformanceTrendsfocusingonNorthernIreland

SarahDuignan– Director,ClientRelationships


Agenda

STRCoverage

GlobalOverview

What’shappeninginEurope

FocusonNorthernIreland

DeepdiveintoBelfast

Pipeline

FutureEconomicFactors


STRCoverage– OurSampleHotels&HotelRooms,August2017

Hotels

Rooms

+35.9K

+4,241K

+1.2K

+184K

+10.3K

+1,402K

+848

+151K

+874

+216K

+9.1K

+1,677K


MiddleEast

SouthernAfrica

NorthernAfrica

-7.6%

GlobalRevPAR%ChangeUSD,EuropeinEUR,ConstantCurrency,August2017YTD

Europe

Asia

+3.0%

+3.1%

+6.6%

+41.2%

+4.3%

-5.2%+3.2%

Australia&Oceania+3.8%

NorthAmerica

CentralAmerica

SouthAmerica


-15%

-10%

-5%

0%

5%

10%

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Occupancy%change ADR%change RevPAR%change

RevPARpositivegrowth

Europe- RevPARontheup– anevensplitofocc &ADRgrowthOccupancy,ADR,RevPAR%ChangeEUR,CC,R12,December2005– August2017


Europe– strongoccupancy&ADRbaseEurope– MainKPIsEUR,CC,August2017YTD

71.5%Occupancy+2.7%

110.64ADR+3.8%

79.07RevPAR+6.6%


€0

€50

€100

€150

€200

€250

40%

45%

50%

55%

60%

65%

70%

75%

80%

85%ADR RevPAR Occupancy

VaryingperformanceacrosskeyEuropeancitiesOccupancy,ADR,RevPAREUR,August2017YTD


Europe- Amorepositivepicturethan12monthsagoRevPAR%ChangeLC,August2017YTD

Barcelona16

Madrid17Lisbon

18

Edinburgh15

Vienna6

St.Petersburg9

Budapest20

Dublin7

London8

Brussels18

Zurich-3

Rome1

Paris9

Amsterdam9

Copenhagen7

Prague11

Belgrade24 Bucharest

9

Athens8

Istanbul26

Berlin6

Kiev26

Warsaw11

Helsinki7

Moscow3


+2.1

+3.2

+1.1

+4.5

+5.7

+7.9

UK– MainKPIs%Change,Aug2017YTD£GBPWhat’sdrivinggrowth?

Supply Demand Occupancy ADR RevPAR Revenue

GBP


£30

£40

£50

£60

£70

£80

-5%

0%

5%

10%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Supply%change Demand%change RevPAR

UK– Supply,Demand%Chg,RevPAR,Jan2007– Aug2017YTD

GBP


+1.7

+2.7

+0.9

+3.4

+4.3

+6.1

RegionalUK– MainKPIs%Change,Aug2017YTD£GBPWhat’sdrivinggrowth?


GBP


£30

£40

£50

£60

£70

£80

-5%

0%

5%

10%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


RegionalUK– Supply,Demand%Chg,RevPARJan2007–Aug2017YTD

GBP


£0

£20

£40

£60

£80

£100

£120

£140

£160

40%

45%

50%

55%

60%

65%

70%

75%

80%

85%


KeyUKCities– Occupancy,ADR&RevPAR,Aug2017YTD£GBP


UK– KeyCitiesRevPAR%Change,Oct2016YTD,GBPAgoodyearformostbutforLondon,Newcastle,Cardiff&Aberdeen

Liverpool

13

10

8 London

Aberdeen-10

-1

-7

515

1

4

11

Newcastle

Leeds

Birmingham

Cardiff

GlasgowEdinburgh

Manchester

11Plymouth

19Belfast

7Derry/Londonderry 2

5 York

Nottingham5

2 Southampton

Norwich0

Portsmouth1

17SWUlster


+0.3

+4.6

+4.3

+11.9

+16.8

+17.1

NorthernIreland– excellentgrowthyearoveryearMainKPI’s%change,AugustYTD£GBP



£30

£40

£50

£60

£70

£80

-5%

0%

5%

10%

15%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


NorthernIreland– decentdemand&RevPARover£60Supply,Demand%Chg,RevPARJan2007– August2017

GBP


+0.5

+4.6

+4.1

+7.6

+12.0

+12.5

RegionalNorthernIreland– pacingextremelywellMainKPI’s%change,August2017YTD£GBP



£0

£10

£20

£30

£40

£50

£60

-10%

-5%

0%

5%

10%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


RegionalNorthernIreland– RevPARlagsNIbylessthan£6Supply,Demand%Chg,RevPARJan2007– August2017

GBP


Belfast,Derry/Londonderry&SWUlsterYearEnd&Aug2017YTDOcc,ADR&RevPAR,£GBP

0%10%20%30%40%50%60%70%80%90%

£0£10£20£30£40£50£60£70£80£90

ADR RevPAR Occupancy


£0

£20

£40

£60

£80

£100

£120

£140

£160

40%

45%

50%

55%

60%

65%

70%

75%

80%

85%


PrimaryNorthern&SouthernIrishmarketsOccupancy,ADR&RevPAR– Aug2017YTD– LocalCurrency

RevPAR%change,YTDAug2017,LocalCurrency

Derry/Londonderry 7

19BelfastSWUlster 17

7Dublin

Cork 89Kerry

Kilkenny 9

11NorthWestIreland

LeinsterReg 813MunsterReg


-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Supply%chg Demand%chg Revenue%chg

Belfast– Supply,Demand&Revenue%chg – RevenuepeaksGBP,R12Jan2008– August2017


-40

-30

-20

-10

0

10

20

30Occupancy ADR RevPAR

Belfast– doubledigitADR&RevPARgrowth&5yearsgrowthOcc,ADR&RevPAR%changes


BelfastWeekday/WeekendPerformance– Occ,ADR&RevPARBelfast,WD/WE,YTDAugust2015,2016&2017

*SeptemberDataisPreliminary

0

10

20

30

40

50

60

70

80

90

100

70.0

72.0

74.0

76.0

78.0

80.0

82.0

84.0

86.0

88.0

ADR(EUR)

Occupancy(%) ADR(GBP) RevPAR(GBP)

FullWeekWeekendWeekday


BelfastCompressionAnalysis– YTDAugust83nightsover90%YTDAugust2015,2016&2017

0

10

20

30

40

50

60

70

80

90

100

0

10

20

30

40

50

60

70

80

90

ADR(GBP

)

DayCo

unt

Occupancy(%) DayCount ADR(GBP)>=9080- 9070- 80<70

47% 8%


Derry/LondonderryCompressionAnalysis– 34%pricingpowerYTDAugust2015,2016&2017

0

10

20

30

40

50

60

70

80

0

20

40

60

80

100

120

140

ADR(GBP

)

DayCo

unt


34%

37%


SouthWestUlsterCompressionAnalysis– increaseinmidbandsYTDAugust2015,2016&2017

0

20

40

60

80

100

120

0

20

40

60

80

100

120

140

160

180

200

ADR(GBP

)

DayCo

unt


40%

167%


0 20 40 60 80 100 120 140 160

London

SoutheastEngland

Scotland

NorthwestEngland

SouthwestEngland

Yorkshire&Humberside

NorthernIreland

WestMidlands

EastMidlands

EastEngland

Thousands

Existing Pipeline

UKbyregion– Pipeline,Top10– NorthernIrelandin7th placeAugust2017Report,PipelinebyRoomCount


0 2 4 6 8 10 12 14 16 18 20

Edinburgh

Manchester

Glasgow

Belfast

Birmingham

Liverpool

Leeds

Bristol

Leicester

Cardiff

Thousands

Existing Pipeline

UKbycity– Pipeline,Top10– Belfastin4th positionintheUKSeptember2017Report,PipelinebyRoomCount


Challengeswillcontinueinto2018andbeyond

ContinuedthreatofTerrorism

Brexit

Currencyexchangerates OilPrices

MigrantCrisis

Europe2015-16

Politicalinstabilityathome&abroad

©2016STR,Inc.AllRightsReserved.Anyreprint,useorrepublicationofallorapartofthispresentationwithoutthepriorwrittenapprovalofSTR,Inc.orSTRGlobal,Ltd.tradingasSTR(collectively“STR”)isstrictlyprohibited.AnysuchreproductionshallspecificallycreditSTRasthesource.ThispresentationisbasedondatacollectedbySTR.Nostrategicadviceormarketing recommendationisintendedorimplied.

Thank You!

[email protected]

@STR_Data

SarahDuignanDirector– ClientRelationships

hospitality exchange 2017hospitalityexchange.org.uk/wp-content/uploads/2017/... · © 2017 str. all...

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