The European hotel industry posted mostly positive results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds
In 2014, 104 hotels are planned to open with 17,072 roomS Central/South America region. In the The Middle East/Africa region,
In year-over-year comparisons, occupancy rose 2.0 percent to 73.1 percent, average daily rate increased 4.6 percent to US$111.40 and revenue
The Europe hotel development pipeline comprises 792 hotels totalling 131,038 rooms, according to the May 2013 STR Global Construction Pipeline
Among the nine U.S. regions, the Mountain region reported the largest increase in rooms in the total active pipeline, rising
Hotel stocks underperformed the broader market in May but outperformed real estate stocks as interest rates moved sharply higher following
Despite tougher comps over the last two summers, demand for hotels rooms will increase by 2.0 percent this season.
Among the Top 25 Markets, San Francisco/San Mateo, California, reported the largest occupancy increase, rising 7.9 percent to 87.3
In year-over-year comparisons, occupancy was up 3.2 percent to 64.1 percent, average daily rate rose 7.2 percent to US$110.88 and
As a result of strong hospitality growth in the United Arab Emirates, Dubai has ranked first in the world in