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STR reports US performance for week ending 21 November
In year-over-year measurements, the industry's occupancy fell 2.8 percent to end the week at 52.7 percent. Average daily rate dropped 7.6 percent to finish the week at US$95.85. Revenue per available room for the week decreased 10.1 percent to finish at US$50.55. ...more
Can an exciting casino experience change consumers' current gloomy mood? - By Jonathan Barsky and Lenny Nash
Despite the impact of the recession, the United States remains the world's largest market for casino gaming. But revenues at casinos nationwide have slipped 7% in 2009, with Atlantic City and Las Vegas markets experiencing much bigger declines. Customer satisfaction with casinos across the US is also down in 2009 due to broad cuts in staff, service, and player reinvestment. However, based on a recent Market Metrix Casino Market Study, some casinos and regions are faring better. ...more
STR reports U.S. hotel performance for October 2009
The U.S. hotel industry posted declines in all three key performance measurements during October, according to data from STR. ...more
STR Global posts Americas performance results for October 2009
The Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for October 2009, according to data compiled by STR and STR Global. ...more
STR Global posts Asia/Pacific performance results for October 2009
Hotels in the Asia/Pacific region experienced decreases when reported in U.S. dollars for all three key performance metrics for October 2009, according to data compiled by STR Global. ...more
STR Global posts European performance results for October 2009
The European hotel industry posted mixed results in year-over-year results when reported in U.S. dollars, euros and British pounds for October 2009, according to data compiled by STR Global. ...more
STR Global posts Middle East/Africa performance results for October 2009
The Middle East/Africa region reported decreases in all three key measurements reported in U.S. dollars for October 2009, according to data compiled by STR Global. ...more
STR is projecting the U.S. hotel industry will report increases in all three key metrics in 2011.
STR releases updated forecasts through 2011 ...more
Detroit Market Intelligence Report - By Stacey Nadolny
Unemployment is high, automakers are still in the red, and the city's hotel industry hangs in the balance. But there's more happening in Detroit than the statistics reveal. ...more
STR reports US performance for week ending 14 November
The U.S. hotel industry posted declines in all three key performance measurements during the week of 8-14 November 2009, according to data from STR. ...more
Year-To-Date Hotel Performance Fell Across Europe
Revenue per available room (revPAR) performance in European hotels was down 19.2% to 58. This decline was driven by a 12.3% drop in average room rates to 108, while occupancy levels fell to 61.6%. ...more
Canadian Occupancy, ADR, RevPAR - Week Ending November 14, 2009
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more
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