Do the Radisson Franchisees Agree with Carlson's billion-dollar Makeover Program? At Last: A Win-Win Victory for Tourism; Congratulations to the Harris Rosen Foundation - More
The Hotel Industry Pulse Index (HIP) posted a slight recovery in February, according to economic research firm e-forecasting.com in conjunction with STR. After edging down 0.5 percent in January, HIP improved 1.3 percent in February. - More
Results from a new survey of unmanaged business travelers in Best Western’s loyalty program, Best Western Rewards®, provide further indication that the effects of the recession are easing and that more people plan to hit the road for business again in 2010. - More
Hotels are on the comeback trail. More accurately hotels appear to be on two separate trails to recovery – a super-highway for London and a much rougher Provincial trail. - More
Recent analysis by Deloitte has found that recovery in European hotel performance is on the horizon. Demand has experienced an upturn since October 2009, before pushing into positive territory in December 2009 - up 4.2 percent. STR Global results for January 2010 also show a healthy 3.3 percent increase in the region against January 2009. - More
Deloitte has confirmed that hotels in the Middle East achieved the highest occupancy, average room rates and revPAR globally in 2009. Data prepared by STR Global, shows occupancy reached 61.3 percent for the year, while average room rates and revenue per available room (revPAR), stood at US$202 and US$124 respectively. - More
In what was a testing year for tourism markets globally after the fallout of the world financial crisis, Jordan showed signs in 2009 of withstanding the challenge. The country observed an occupancy rate of 56.1 percent in the 12-month period ended December 2009, according to statistics from STR Global, which reflects a year-on-year decrease of 1... - More
As the hospitality industry continues to recover, hoteliers look for insight on industry trends. To provide that insight, the Hospitality Sales & Marketing Association International (HSMAI) and VIZERGY®, leaders in hotel Internet marketing, have teamed up to conduct a dynamic study that will help properties increase their online revenue an... - More
