Despite political turmoil, Cairo is starting to recover and the compound of annual growth rate (CAGR) for revenue per available
Arturo Garcia Rosa and Jonathan Worsley join forces in Latin America with 50-50 investment.
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
Based upon the recently released June 2016 edition of Hotel Horizons, the annual occupancy rate for U.S. hotels is forecast
Under Hite’s leadership, STR’s employee base has grown to 250 worldwide. In addition, a 35,000-square-foot expansion to the company’s North
A total of 773 new openings were reported, a 36% increase from 2014. Those openings produced 85,000 new rooms, a
Compared with April 2015, the Middle East subcontinent reported a 1.8% decrease in occupancy to 71.1%. Average daily rate for
Compared with the April year-to-date period of 2015, the Caribbean’s occupancy fell 3.0% to 72.9%. Average daily rate was down
Compared with April 2015, the U.S. hotel industry’s occupancy increased 2.2% to 68.1%. Average daily rate for the month was
Europe reported 63,323 rooms in 440 projects In Construction for the month. STR’s April 2016 Pipeline Report shows 152,580 rooms