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- 185. 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.
- 186. 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%).
- 187. 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.
- 188. 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
- 189. 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
- 190. 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
- 191. STR Reports US Hotel Pipeline for July 2016
Two additional markets each reported more than 15,000 rooms Under Contract for the month: Houston, Texas (18,232 rooms), and Dallas, Texas (16,219 rooms). Three markets in addition to New York each reported more than 5,000 rooms In Construction: Los Angeles/Long Beach, California (5,633 rooms), Dallas (5,562 rooms) and Houston (5,381 rooms).
- 192. STR Global Adds Hainan and Sanya to Industry Data
Occupancy in Hainan and Sanya has been relatively stable for the year-to-date July 2011 when compared to the same period in 2010, demand has grown steadily during the last few years. Comparing demand growth for the first seven months of the year, Hainan saw a jump of 21.6% between 2009 and 2010, followed by 6.4% between 2010 and 2011. For Sanya the trend is similar with an increase
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