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London Hotels Full in November
Deloitte, the business advisory firm, has confirmed that London's hotel market is leading the recovery in European hotel performance after 13 consecutive months of decline. ...more
STR reports Canada performance for week ending 5 December
In year-over-year measurements, the industry's occupancy decreased 5.4 percent to end the week at 55.8 percent. Average daily rate dropped 3.5 percent to finish the week at CAD$119.41. Revenue per available room for the week decreased 8.7 percent to finish at CAD$66.61. ...more
European Hotel rates continue to fall in December
European hotel prices are eight percent less than December 2008. In comparison to the previous month, overnight accommodation prices have decreased by four percent. In the United Kingdom hotel prices have decreased by 21 percent in Manchester and by 15 percent in Edinburgh in comparison to the previous year. ...more
Hotel Investment in Brazil - By Diogo Canteras
Having emerged strengthened from the global financial crisis, Brazil - in contrast with the current international economic climate - offers excellent investment opportunities, especially in the hospitality industry. ...more
Dubai, United Arab Emirates - Market Snapshot - By Nehme Ayoub and Hala Matar Choufany
This market snapshot is the fifth in a series of articles that HVS will be producing every month on a series of key markets with STR Global. Our analysis for this market is based on a sample of more than 25,800 rooms, as provided by STR Global. ...more
Stockholm Hotel Market Treads Water
Despite a global industry downturn, Stockholm's hotel market has experienced only a moderate occupancy decline for the year through October, according to STR Global, the leading provider of market data to the world's hotel industry. ...more
U.S. Hotel Industry Rounds The Bend
Last week the economic research firm e-forecasting.com in conjunction with Smith Travel Research announced that their U.S. Hotel Industry Leading indicator (HIL) went up in October, the seventh consecutive month of increase for the indicator. ...more
STR reports US performance for week ending 28 November
In year-over-year measurements, the industry's occupancy fell 1.7 percent to end the week at 40.7 percent. Average daily rate dropped 6.7 percent to finish the week at US$84.81. Revenue per available room for the week decreased 8.4 percent to finish at US$34.54. ...more
Canadian Occupancy, ADR, RevPAR - Week Ending November 28, 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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