Hotels

Makkah is the 2nd top city in the Middle East and Africa for the number of hotel rooms set to

In year-over-year results, the U.S. hotel industry’s occupancy dipped 0.8% to 61.7%. However, average daily rate for the month was

At the beginning of the year, STR and Tourism Economics projected growth in revenue per available room to slow from

The Under Contract total in the Middle East subcontinent represents a 40.7% increase in rooms Under Contract compared with February

Both the U.S. and Europe have reported six consecutive years of RevPAR growth since each experienced a double-digit decline following

European hotel deal activity grew by almost 30% to a record 21 billion euros last year. The UK accounted for

Compared with January 2015, Europe reported a 1.4% increase in occupancy to 54.7%, a 1.5% rise in average daily rate

Among the Top 25 Markets, Los Angeles/Long Beach, California, reported the largest increases in each of the three key performance

The Under Contract total in the Middle East subcontinent represents a 42.8% increase in rooms Under Contract compared with January

Chain Scales accounted for roughly 70% of the 5 million rooms compared with the 30% of rooms categorized as Independent.