|
HNN Newswire
01 July 2009 03:59 PM EST
In year-over-year measurements, the industry’s occupancy fell 11.2 percent to end the week at 65.8 percent. Average daily rate dropped 9.5 percent to finish the week at CAD$128.25. Revenue per available room for the week decreased 19.7 percent to finish at CAD$84.42.
|
|
HNN Newswire
01 July 2009 01:35 PM EST
In year-over-year measurements, the industry’s occupancy fell 8.7 percent to end the week at 65.4 percent. Average daily rate dropped 9.5 percent to finish the week at US$97.49. Revenue per available room for the week decreased 17.4 percent to finish at US$63.74.
|
|
By Vail R. Brown, VP, Global Sales & Marketing, STR
01 July 2009 09:15 AM EST
Through May, year-over-year numbers indicate the segment’s hotels in small town/metro areas are faring better than those in other locations.
|
|
HNN Newswire
30 June 2009 09:35 AM EST
Forecasts indicate that average daily rate declines during the next 24 months in Germany's major cities will be the main cause of sluggish performance, according to the May 2009 Hotel Market Forecast from STR Global.
|
|
By Nate Fristoe, Director, RRC Associates--An STR Company
29 June 2009 12:08 PM EST
Estimates on total spending on travel and tourism in 1Q 2009 declined by 5.9 percent over the previous quarter, according to the U.S. Bureau of Economic Analysis.
|
|
HNN Newswire
26 June 2009 10:24 AM EST
Daily data from STR Global, the leading provider of market information to the world’s hotel industry, clearly shows the pull of the famous bands such as Oasis and Take That and their benefits for Cardiff, Wales, hoteliers.
|
|
By Vail R. Brown and Amanda Hite, vice presidents, STR
26 June 2009 10:06 AM EST
Despite the global nature of the downturn, several markets are performing a bit better than others in terms of room revenue and demand.
|
|
HNN Newswire
25 June 2009 09:59 AM EST
The Middle East/Africa region suffered declines in all three key measurements in year-over-year results when reported in U.S. dollars for May 2009, according to data compiled by STR Global.
|
|
HNN Newswire
25 June 2009 09:53 AM EST
The European hotel industry posted mixed year-over-year results when reported in U.S. dollars, euros and British pounds for May 2009, according to data compiled by STR Global.
|
|
HNN Newswire
25 June 2009 09:30 AM EST
Hotels in the Asia/Pacific region experienced double-digit decreases when reported in U.S. dollars for all three key performance metrics for May 2009, according to data compiled by STR Global.
|
|