STR
Japanese hotel rates rise in 2016
Japan’s hotel sector experienced a steady increase in ADR (average daily rate) last year. According to the full-year data from
Thailand hotels end year on a high
Thailand’s hotel sector performed well in 2016, with occupancy reaching an average of 75% and room rates increasing. According to
European hotel pipeline contracts in December
STR’s December 2016 Pipeline Report shows 155,434 rooms in 1,017 projects Under Contract in Europe. The total represents a 4.0%
Airbnb still struggles to compete with hotels
Occupancy at Airbnb properties follows the same trends as the hotel sector, with cities that experience high demand for hotel
London hotel sector bounces back
STR’s preliminary December 2016 data for London, England, indicates significant demand growth and high occupancy levels. Based on daily data
Half a million hotel rooms to open across Asia
More than half a million new hotels will be introduced to the Asia Pacific region’s inventory over the coming years.
Middle East hotel figures slump in 2015
Hotels in the Middle East reported negative year-end 2015 results, while hotels in Africa recorded mostly positive results in the
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