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 London UK - Market Snapshot
This market snapshot is the sixth in a series of articles that HVS will be producing every month in conjunction with STR Global. Our analysis for this market is based on a sample of nearly 60,000 rooms.
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 US hotel performance for week ending 30 January 2010
The U.S. hotel industry reported mixed results in the three key measurements during the week of 24-30 January 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week up 1.9 to 48.8 percent. Average daily rate dropped 5.6 percent to finish the week at US$94.92. Revenue per available room for the week fell 3.8 percent to finish at US$46.31.
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 UK Hotel Confidence Monitor by TRI Hospitality Consulting | Q1 2010
Confidence amongst hotel general managers suffered a slight setback in Q1 2010 as the new year produced a mixed outlook across the UK. Our Q1 2010 Confidence Monitor results revealed a small increase in the proportion of negative respondents at the expense of positive respondents compared with Q4 2009, with a 3.5% increase in the number of general managers surveyed who were not certain about what the next three months would bring.
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 French Hotel Industry Performances for December 2009
The French capital, the relative sunny spell observed in November continued throughout December. Whilst Parisian hotels experienced a decline in British and Spanish guests (two major client segments for the capital), they did manage to lure other markets, as well as rely on the more stable domestic market. As a result, occupancy dropped between 3% and 5%, on average. The City of Light reinforced its attractiveness with demand that remained strong throughout the year, as illustrated by year-round average occupancy rates of 70% and above.
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US hotel performance for week ending 23 January 2010
The U.S. hotel industry reported decreases in all three key measurements during the week of 17-23 January 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy ended the week virtually flat with an 0.9-percent decrease to 46.8 percent. Average daily rate dropped 9.4 percent to finish the week at US$93.87. Revenue per available room for the week fell 10.3 percent to finish at US$43.89.
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 UK Chain Hotels Market Review – December 2009
London hotels enjoyed a strong double digit boost to profitability during December as trading recovered strongly, according to the latest HotStats survey from TRI Hospitality Consulting. Gross Operating Profit per Available Room (GOPPAR) benefited from the uplift in London hotel usage with a growth of almost 23% in December 2009, as cost-cutting
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 Las Vegas Casino and Hotel Market Outlook 2010
The impact of the downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, was strongly felt by the Las Vegas gaming-tourism industry in 2009. Reversal of the declining visitation, average daily room rate, and gaming revenue exhibited in 2009 is not expected until consumer confidence and spending increase. While it is too early to tell what the effects of the opening of the $8.5 billion CityCenter complex in December 2009 will have on the market, year-over-year increases in visitation during the months of September, October, and November 2009 and the year-over-year increase in gaming revenue in November 2009 are potential indicators that the bottom of the cycle has been reached.
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 STR Global Global hotel review for December 2009
STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information
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 Jones Lang LaSalle Hotels | Hotel Investment Outlook 2010
2010 forecast: looking up | Far harsher than most investors anticipated, 2009 was the year of a new reality. As debt markets remained illiquid and many investors retreated to the sidelines, global hotel transaction volumes sunk to the lowest annual transaction level of the decade. Down a further 64% from 2008, the $9.4 billion in global hotel sales in 2009 likely marks the bottom of the cycle.
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