The total active U.S. hotel development pipeline comprises 2,767 projects totaling 333,775 rooms, according to the September 2013 STR Pipeline
The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for
STR Global’s latest forecast reports anticipate an 11-percent RevPAR growth for year-end 2013 after strong years in 2011 and 2012.
STR Global releases preliminary August 2013 data for Greater London. STR forecasts a 1.5-percent decline of revenue per available room
London hotels during July saw an increase of 8.9 percent in occupancy to 87.7 percent, a 15.2-percent decrease in ADR
Overall, the U.S. hotel industry’s occupancy rose 1.7 percent to 71.1 percent, its average daily rate was up 4.1 percent
A big barrier for Africa tourism is the lack of transportation infrastructure. Even though some low-cost air carriers have emerged
Worries about increased supply as a result of the 2012 Olympic Games proved premature. Year-to-date through June, London experienced a
April rooms under construction increased 18.5 percent compared with April 2012 but were slightly down from March 2013 in the
Middle East/Africa region reported a 3.8-percent increase in occupancy to 67.1 percent, a 5.4-percent increase in average daily rate to