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STR reports Canada performance for week ending 12 December
In year-over-year measurements, the industry's occupancy decreased 3.9 percent to end the week at 52.0 percent. Average daily rate increased 3.1 percent to finish the week at CAD$119.02. Revenue per available room for the week decreased 0.9 percent to CAD$61.93. ...more
The Fed Rate - Government Travelers Welcome In 2009 - By Robert Mandelbaum and Reed Woodworth
For hotels in the upper-tier chain scale categories, government travelers have historically been viewed as 'guests of last resort.' While government business is abundant, the per diem room rates set by federal, state, and local agencies are generally viewed as low. In addition, ancillary expenditures for food, beverage, retail, and recreation are restricted by government limits that are typically less than the average business traveler's budget. ...more
Hotwire Reveals Canadian Hotel Rate Report for December 2009
Edmonton and Winter Hotspot Calgary Top List ...more
Hotel Industry Pulse Shows Setback in November
After edging down 0.1 percent in October, HIP went down 1.8 percent in November. ...more
Hotel Development Cost Survey - October 2009 Canadian Lodging Outlook
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada. ...more
Canadian Occupancy, ADR, RevPAR - Week Ending December 5, 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
New PKF Report Projects Accelerated Recovery for U.S. Lodging Industry Distress Still Rampant
PKF Hospitality Research (PKF-HR) today announced that, according to its December 2009 edition of Hotel Horizons(R), the pace of recovery of the U.S. lodging industry has accelerated from previous expectations. Improving industry data for such key indicators as occupancy, RevPAR, and demand suggest that the recovery will arrive a full quarter earlier than the firm expected in September 2009. These improvements are reflected in the firm's updated forecasts for 2009 and 2010 in its just published December issue of Hotel Horizons(R). ...more
STR reports US performance for week ending 5 December
In year-over-year measurements, the industry's occupancy fell 4.9 percent to end the week at 47.6 percent. Average daily rate dropped 7.3 percent to finish the week at US$96.25. Revenue per available room for the week decreased 11.9 percent to finish at US$45.86. ...more
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