STR Global

Year-to-date 2014, 139 hotels with 33,232 rooms have opened in the Middle East/Africa region. The Europe hotel development pipeline comprises

The rise in popularity could largely come down to price. Hotel prices are set to increase by two percent after

The U.S. hotel industry’s occupancy was up 3.8 percent to 71.6 percent; its average daily rate rose 5.4 percent

During Ramadan, which was 28 June through 28 July, hotels in Dubai reported an occupancy rate of 41.2 percent, an

Among the key markets in the region, Rio de Janeiro, Brazil, reported the largest increase in occupancy during July, rising

Two markets experienced double-digit occupancy growth: Atlanta (+12.7 percent to 79.8 percent) and Minneapolis/St. Paul (+10.2 percent to 86.9 percent).

Year-to-date April 2014, Istanbul reported a double-digit increase in ADR when measured in local currency, offsetting the negative occupancy performance

Overall, the U.S. hotel industry’s occupancy was up 2.9 percent to 71.7 percent; its average daily rate rose 4.3 percent

By the end of 2015, Russia is projected to open 5,519 rooms, while Poland and Ukraine are projected to open

The overall picture of development in the Middle East shows a clear differentiation between the strongest countries, in terms of