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UK Chain Hotels Market Review – March 2015

Categories: Published on May 4, 2015

Whilst London hotels' profitability showed a virtually flat year-on-year movement in the month of March, the UK provinces continued to post strong performance with particular growth in gross operating profit per available room (GOPPAR). In particular, South East hoteliers recorded an 8.4%… + Read More

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European Chain Hotels Market Review – March 2015

Categories: Published on May 4, 2015

Amsterdam and Vienna hotels recorded increases in gross operating profit per available room (GOPPAR) of 6.4% and 11.9% respectively in March, confirming positive performance for the first quarter of the year. Hoteliers in Amsterdam experienced a 2.2 percentage point rise in demand at the… + Read More

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Hotel industry house profit reaches all-time high in 2014

Categories: Published on April 28, 2015

Hotel industry revenue levels topped an estimated US$176 billion in 2014, which is nearly US$14 billion more than 2013, according to STR Analytics’ 2015 Hotel Operating Statistics (HOST) Almanac. Total industry-wide house profit reached nearly US$66 billion, an increase of 12.8 percent… + Read More

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Solid Gains for US Hoteliers in March

Categories: Published on April 22, 2015

Business activity for US hoteliers rose to a reading of 117.6 in March according to today's release of the Hotel Industry's Pulse (HIP) indicator.  e−forecasting.com's HIP - a predictive analytic which gauges monthly overall business conditions for hotels earlier than any industry… + Read More

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Singapore Hotels Report Negative Performance for March 2015

Categories: Published on April 22, 2015

STR Global’s preliminary March data for Singapore indicates declines in the three key performance indicators. Based on daily data from March, Singapore reported: an increase in supply (+3.7 percent) and a decrease in demand (-1.5 percent); a 2.3-percent decrease in occupancy to… + Read More

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Flat Results for London Hotels for March 2015

Categories: Published on April 22, 2015

STR Global’s preliminary March 2015 data for London indicates nearly flat hotel performance. Based on daily data from March, London reported: increases in supply (+3.7 percent) and demand (+2.0 percent); a 1.7-percent decrease in occupancy to 78.6 percent; a 1.1-percent increase… + Read More

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Still No Sign of Recovery for the French Hotel Industry

Categories: Published on April 22, 2015

Difficult to say whether January’s dramatic events continued to have a major impact on Paris as a destination, but hotel demand lost steam – a situation perhaps more to do with the on-going gloomy economic context where French clients were less present in Paris during the holidays. The… + Read More

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American Hotel & Lodging Association, National Restaurant Association Join Forces on Pressing Issues Facing Hospitality Industry

Categories: Published on April 10, 2015

For the first time, the American Hotel & Lodging Association (AH&LA) and the National Restaurant Association (NRA) will join forces and bring together 1,000 stakeholders from the lodging and restaurant industries for a joint Washington hospitality Hill day. The partnership, announced… + Read More

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Amid acquisitions, can smaller online travel agencies in Europe survive?

Categories: Published on April 10, 2015

An array of prominent purchases has helped Expedia and Priceline cement their spots as the world’s largest online travel agencies (OTAs) as the opportunity for others narrows. This February, Expedia grabbed headlines with its deal to acquire rival Orbitz Worldwide after snapping up… + Read More

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2015 Q1 Asia Pacific Economic Outlook

Categories: Published on April 7, 2015

China continues to implement short-term fixes to the economic slowdown. Japan is starting to ease policies in order to boost growth. Malaysia is on the path of fiscal reform. And Singapore faces subdued growth due to global volatility. + Read More

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