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- 185. What Impact is EURO 2012 Having on Hotels in Poland and Ukraine?
There is always a lot of interest in how hotels react to massive global events such as the Rugby World Cup, Olympics, and of course Euro 2012 currently ongoing in Poland and Ukraine. Data compiled by STR Global shows that looking back over the last two weeks hotels, across six cities in Poland and Ukraine, whilst benefiting from the influx of visitors on the night of a game, still
- 186. Hotel Data Conference to Take Place in Nashville 4 - 5 August
Hotel Data Conference to Take Place in Nashville 4 - 5 August. With one week remaining before the start of the 2010 Hotel Data Conference presented by Gaylord Hotels, STR has revealed more details of some of the sessions to be held during the two-day event at the Loews Vanderbilt Hotel. The Hotel Data Conference will take place 4- 5 August 2010.
- 187. STR and Tourism Economics Forecast Rise in ADR, OR, and RevPAR for US Hotel Industry
For 2016, the U.S. hotel industry is predicted to report a 0.6% increase in occupancy to 65.9%, a 4.4% rise in ADR to US$125.30 and a 5.0% increase in RevPAR to US$82.60. During that same period, demand growth (+2.3%) is expected to outweigh supply growth (+1.7%).
- 188. Increasing Occupancy Rates Hint at Early Signs of Recovery for Hotels in China
According to preliminary data from STR, mainland Chinaís daily hotel occupancy reached an absolute level of 31.8% on 28 March, up from a low of 7.4% during the first week of February. In Beijing, daily occupancy sat around 10% for most of the first week of March, but climbed to as high as 21.6% on 28 March. Shanghai was as low as 11% on 1 March but reached 28.6% on 28 March.
- 189. Hotels in Ireland Report Strong RevPAR Growth
According to STR Global, Ireland reported RevPAR increases of 11.8% to EUR60.30 for the 12-months to January 2013 period compared with the same timeframe prior year. The country's performance benefited from improving demand levels with 4.9% more rooms occupied in the reviewed timeframe.
- 190. Thailand's RevPAR Grows 15.4% in 2012; Samui with Highest ADR and RevPAR
According to STR Global, Thailand's RevPAR grew 15.4% to THB2,232 in 2012. The returning demand levels (+13.3%) helped boost occupancy 10.0% to 69.2% and grew ADR 4.9% to THB3,226. Thailand has been undergoing a strong recovery from recent political turbulences and severe flooding as Bangkok, Phuket, Koh Samui, Pattaya and Chiang Mai illustrated growth in all three performance metr
- 191. STR Reports US Hotel Pipeline for October 2012
Among the Chain Scale segments, the Luxury segment reported the largest increase in rooms in the total active pipeline, up 53.7% with 8,255 rooms. Two other segments reported increases in rooms in the total active pipeline: the Economy segment (+31.2% with 4,652 rooms) and the Upper Midscale segment (+1.0% with 89,089). The Upper Upscale experienced the largest decrease in rooms in
- 192. STR Reports U.S. Hotel Development Pipeline for March 2012
Among the Chain Scale segments, the Upper Upscale segment reported the largest increase in rooms in the total active pipeline, rising 17.8% over March 2011 to 16,772 rooms, followed by the Economy segment with an 8.6% increase in rooms to 4,397. The Upper Midscale segment reported the only double-digit decre
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