% as of 6/15/2016 6/15/2015 change Euro $1.124 $1.126 -0.2% UK Pound $1.418 $1.556 -8.9% Canadian Dollar $0.775 $0.811 -4.4% Colombian Peso* 2993 2532 -15.4% Brazilian Real** 3.471 3.097 -10.8% * per $1.00 ** Reals per $1.00 Inventory. It is currently forecasted by AHATA that there will be an increase of 3% - 4% in available room nights during 2016 due to the addition of 60 rooms at the Divi Tamarijn/All Inclusive, the addition of 74 renovated rooms at the Tropicana Aruba and the full year operation of the Riu Palace (which was closed for three months in 2015 for renovation). Please note that the Hilton Aruba currently plans renovations during the course of 2016 which will involve the closure of some rooms. Forecast Consequently it is forecast by AHATA that overall average room occupancy for 2016 for the hotel sector will remain at about the same level as in 2015, but that ADR will decline by about 3% compared to full year 2015 and that as a result RevPar will decline by between 2% - 3% compared with 2015. Projected Actual 2016/2015 December 2016 YTD 2016 2015 % change Rooms 4,908 4,848 1.2% ARN 1,785,244 1,725,914 3.4% ORN 1,399,809 1,346,974 3.9% % occupancy 78.4% 78.0% 0.4% points ADR $231.01 $238.19 -3.0% Rev Par $181.13 $185.89 -2.6% Based on data from 15 properties.
as of 6/15/2016 6/15/2015 % change Euro $1.124 $1.126 -0.2% UK Pound $1.418 $1.556 -8.9% Canadian Dollar $0.775 $0.811 -4.4% Colombian Peso* 2993 2532 -15.4% Brazilian Real** 3.471 3.097 -10.8% * per $1.00 ** Reals per $1.00 Inventory. It is currently forecasted by AHATA that there will be an increase of 3% - 4% in available room nights during 2016 due to the addition of 60 rooms at the Divi Tamarijn/All Inclusive, the addition of 74 renovated rooms at the Tropicana Aruba and the full year operation of the Riu Palace (which was closed for three months in 2015 for renovation). Please note that the Hilton Aruba currently plans renovations during the course of 2016 which will involve the closure of some rooms. Forecast Consequently it is forecast by AHATA that overall average room occupancy for 2016 for the hotel sector will remain at about the same level as in 2015, but that ADR will decline by about 3% compared to full year 2015 and that as a result RevPar will decline by between 2% - 3% compared with 2015. Projected Actual 2016/2015 December 2016 YTD 2016 2015 % change Rooms 4,908 4,848 1.2% ARN 1,785,244 1,725,914 3.4% ORN 1,399,809 1,346,974 3.9% % occupancy 78.4% 78.0% 0.4% points ADR $231.01 $238.19 -3.0% Rev Par $181.13 $185.89 -2.6% Based on data from 15 properties.
ARUBA-June-2016andYTD-2016.docx