Mecca was the only major hotel market in the Middle East to experience an increase in RevPAR during the two-week
10,000 new hotel rooms will open in Dubai throughout 2016, according to a new report.
Africa experienced a 5.8% decrease in occupancy to 56.1%. However, average daily rate was up 8.8% to US$100.16, and RevPAR
The European region reported 63,759 rooms in 439 projects In Construction for the month. STR’s May 2016 Pipeline Report shows
Through April 2016, London’s RevPAR dropped 3.2% to GBP95.60. Although average daily rate declined moderately (-0.5% to GBP128.34) during that
At an average of £220 per night, the most expensive borough is City of London, while Westminster is the most
Based upon the recently released June 2016 edition of Hotel Horizons, the annual occupancy rate for U.S. hotels is forecast
The probability of the hotel industry entering into recession in the near-term, which is detected in real-time from HIL with
A total of 773 new openings were reported, a 36% increase from 2014. Those openings produced 85,000 new rooms, a
We may see housing as a challenge or as an opportunity. Good hotel management is teamwork where the qualified action of