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41. State of the Spanish Hotel Industry
State of the Spanish Hotel Industry. Spain’s two biggest markets, Madrid and Barcelona, may still have higher rates and RevPAR than the national average, but both are in more significant decline. Madrid’s RevPAR through July 2009 has fallen 32% compared to 2008, a rate of decline only exceeded by Moscow amongst Europe’s capital cities.
42. 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
43. InterContinental Hotels & Resorts to open Flagship London and Boston Properties in November
InterContinental Hotels & Resorts to open Flagship London and Boston Properties in November.
44. STR Reports Global Hotel Pipeline for April 2011
STR Reports Global Hotel Pipeline for April 2011. Among the key markets in the region, New Delhi, India, ended the month with the largest expected room growth (+48.5%) if all 9,931 rooms in the total active pipeline open. Other markets to report significant expected growth include: Manila, Philippines (+28.2% with 5,019 rooms in the total active pipeline); Mumbai, India (+20.6% wit
45. Hotels in Asia Pacific Report Mixed Results for July 2012
According to data compiled by STR Global, hotels in the Asia Pacific region experienced mixed results in the three key performance metrics for July 2012 when reported in U.S. dollars. In year-on-year measurements, the Asia Pacific region's occupancy decreased 2.2% to 68.3%, its ADR ended the month virtually flat with a 0.2% increase to US$136.06 and its RevPAR was down 2.1% to US$9
46. Regional UK and London Record Positive RevPAR Growth for 2011
According to data from STR Global, London and Regional U.K. reported positive RevPAR growth in 2011. Despite challenges throughout the year, demand grew in the majority of U.K. destinations, and for 2012, STR Global forecasts a slight RevPAR increase for London and Regional U.K.
47. Japan's Hotel Performance Post Quake
Sendai's RevPAR declined 22.7% in March 2011 before increasing by 77.2% in April 2011. Demand is expected to remain firm with, firstly, the resumption of the normal operation of the Tohoku Shinkansen express train helping volunteers, relief and reconstruction teams get to the affected area and, secondly, with insurance companies sending plenty of staff to the Sendai area to assess
48. STR Global Strengthens its Coverage of Denmark’s Hotel Industry
STR Global has increased its market coverage in Denmark with the addition of two Danish hotel groups. The provision of hotel performance data by Zleep Hotels and Comwell Hotels brings the number of hotels in the country contributing data to STR Global to 85, representing 13,500 rooms.

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