rooms
Franc fumbles affect hotels in Switzerland
A look at STR Global data year-to-date July reveals that Switzerland’s hotels overall occupancy rate has not changed compared to the same period last year. The level could be maintained […]
Europe hotel results for August
Compared to August 2014, European hotel results saw a 2.2% increase in occupancy to 77.1%, a 6.4% increase in ADR to €119.34 and an 8.7% increase in RevPAR to €92.05 […]
More growth in 2016 UK hotels forecast
London hoteliers saw a record 2014 but so far 2015 hasn’t replicated this stellar performance, according to new PwC analysis. While average performance metrics are still very high by most […]
Record-Setting Hotel Performance
Numbers don’t lie. Currently, they’re saying hotel performance is on a major tear, hitting all-time highs in occupancy and RevPAR. As president and COO of research firm STR, Amanda Hite […]
Milan: most expensive city for hotel rates in Europe
Milan is the most expensive European city this year based on the cost of its lodgings, according to a new survey byTravelMag.com, which compared hotel rates across 40 popular city […]
Hotel prices soar ahead of Rugby World Cup
Hotel room prices in host cities for the Rugby World Cup have increased on every match night in every city, at an average of £261 for a hotel stay, according […]
US performance records past and present
With the favorable supply and demand dynamics in the hotel industry, US performance records are being broken month after month, according to data from STR. It’s almost like the steroid […]
Hotel Rates, Occupancy Rise Around The World
Occupancy and average daily hotel rates increased year over year in all four global regions during July, according to STR Global. In the Americas, ADR increased 5.8 percent to $124.78 […]
MEA hotels increase revPAR, ADR and occupancy
STR Global reports that hotels in the Middle East and Africa region reported positive results in three key performance metrics in their compiled July 2015 data. The biggest rise by […]
Experts weigh in on how to disclose resort fees
Whether to bundle resort fees into room rates or separate them is a source of debate in the hotel industry, but experts agree that transparency and full disclosure are musts. […]