ASIA Travel Tips.com

STR Forecasts RevPAR Growth for Remainder of 2011

Search ASIA Travel Tips .com Send to Friend ASIA Travel Tips.com Latest Travel News Tuesday, 18 October 2011

STR Global's Market Forecast is projecting mostly year-on-year improvements in RevPAR for the remainder of 2011 with some slowdown expected in 2012 for the 45 markets available.

The gains will be led mainly through increases in rate rather than through occupancy increases.

RevPAR growth between 10.5% (Cologne) and 24.7% (Hong Kong) is forecast for all 10 of the best performers in 2011. The forecast for the best performers in 2012 has RevPAR growth within a range from 6% (London) to 9.6% (Singapore).

 Whilst growth is still expected during 2012, the difficult and relatively fast-changing changes in the broader economy could very well change the forecast with the next quarterly report.

"We are pleased with the launch of our forecast product which complements our suite of reports," said Elizabeth Randall, managing director of STR Global. "The Market Forecasts are an invaluable tool for decision makers and are extremely useful for investors and owners looking at the potential performance of both existing and new markets."

See other recent news regarding: Airlines, Airports, Awards, Flights, Codeshare, FFP, Inflight, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, Yoga, Retreat, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Interviews, Videos, STR, RevPAR


Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also s
tay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Chef Wan, Chef Amporn and Chef Tammasak to Perform at Organic Gourmet Festival in Chiang Mai Golf: Hyatt Open 2014 in Hua Hin (Thailand) Raises Over 1.1 Million Baht This exclusive HD video interview with Mr. Vincent Hoogewijs, Regional Vice President and General Manager of the Four Seasons Hotel Bangkok, took place on 2 May 2014
Organic Gourmet Festival Hyatt Open 2014 Four Seasons Bangkok
Making a Difference: Hansar Hotels and Resorts' CSR Initiatives - Interview with CEO HD video tour of a Sea View and a Sea View XL Room at the luxurious Hansar Samui in Thailand ATR Demonstrates 72-600 Flight Simulator During Singapore Airshow 2014
Hotel CSR Hansar Samui ATR Simulator
Anantara Bangkok Riverside - Exclusive HD Video Interview with GM, Nikolaus Priesnitz GECAS to Lease 10 New Boeing Aircraft to Myanma Airways An exclusive HD video interview about the elegant Airbus A350 XWB with David Velupillai, Marketing Director for Airbus Corporate Jets at Singapore Airshow 2014
Anantara Riverside Myanma Airways Airbus A350
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Contact Details | Privacy | About Us | ASIA Travel Tips.com © Copyright 1997 - 2014 - ASIA Travel Tips.com - All rights reserved