GBR Consulting Reports Greek Hospitality Industry Performance 2nd Quarter 2019 (PDF Download)

Foreign residents arriving at the International Airport of Athens increased 11.0% during Q2 2019 compared to the same quarter last year. Performance of April was particularly strong with an increase of 20.5% y-o-y, while May and June recorded single digit growth rates of 9.7% and 6.1% y-o-y respectively. It should be noted that these international arrivals include passengers that are transferring in Athens to other domestic destinations.

STR and Tourism Economics Forecast Further Slowing for US Hotels

STR and Tourism Economics have downgraded their RevPAR outlook to 1.6% for 2019 and 1.1% for 2020.

10.0 Percent RevPAR Decline for Jeddah Hotels for July 2019

Prelimiary July data for hotels in Jeddah, Saudi Arabia, show a 7.3% increase in supply and a 9.5% increase in demand.

Canadian Hotel Industry Reports Negative YOY Resuts for Week Ending 27 July 2019

Canadian hotel occupancy decreased 2.2% to 78% during the week of 21-27 July, and a 2.3% ADR drop to 178.71 Canadian dollars ($134.96) dragged RevPAR down 4.4% to CA$139.47 ($105.33).

Hospitality Market Reports