STR
African hotels’ RevPAR up for 87 consecutive months
Revenue per available room (RevPAR), the key hotel industry performance metric, has grown for 87 consecutive months amid a period
Hurricane Dorian takes its toll on Florida hotel demand
Most key hotel markets in Florida, especially those in coastal areas, saw significant demand declines as Hurricane Dorian threatened the
Hong Kong hotels witness all-time low occupancy
Hotels in Hong Kong are witnessing all-time low occupancy levels as ongoing protests continue to cripple the territory’s tourism economy.
Dubai hotels witness rise in demand but fall in revenue
Hotels in Dubai witnessed significant growth in demand (room nights sold) in August but performance levels remained low due to
US hotel occupancy rose 70.1% in August
The US hotel industry reported positive year-over-year results in the three key performance metrics during the week of 18-24 August
Hong Kong occupancy rates dip 4%
Hotels in the Asia Pacific region reported mostly negative results across the three key performance metrics during July 2019, according
US hotel growth predictions down: “Driving profit is a real challenge for many properties”
Performance growth projections for the U.S. hotel industry have been downgraded to 1.6% for 2019 and 1.1% for 2020, according
Hotel construction in Europe up 52% in July
Europe’s hospitality industry has reported positive results with an ever-increasing number of hotels being constructed this year, according to the
Sporting fixtures bring 6% boost to London’s hotels while provinces feel the squeeze
On the back of both major sporting fixtures, London’s hotels have witnessed an average room rate rise. Revenue per available
Hotel Data Conference sold out for sixth year in a row
The 11th annual Hotel Data Conference (HDC), presented by Rainmaker, has reached capacity status with a record 725 registered attendees
APAC hotel performance shows ‘negative’ results for Q2 2019
According to new data, hotel performance in APAC shows negative results across the three key performance metrics during the second quarter of 2019.
No room for growth: US hotel occupancy falls to 73.5%
The US hotel industry reported mostly negative results in the three key performance metrics during June 2019, according to data
‘The perfect storm’: Phuket’s soaring hotel supply vs declining tourism demand
With a strong hotel pipeline and a declining tourism demand, one of Asia's leading resort destinations Phuket looks set to weather a perfect storm.
STR: US hotel construction up 10% in April
STR, a data provider for the global hospitality sector, has reported that pipeline data for the US showed 1,575 hotel projects accounting for 203,890 rooms in construction as of April 2019.
Accor and Marriott dominate in ME
Industry analyst STR has revealed that the Accor and Marriott International brands have the highest number of rooms in the hospitality market in the Middle East.
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