Hotels throughout the Middle East & North African (MENA) region have shown modest signs of recovery towards the end of 2009, with occupancy rates improving. Key points: Room rates in the United Arab Emirates (UAE) fall to 2007 levels | Two consecutive years of RevPAR decrease in Kingdom of Saudi Arabia (KSA) | Gulf Cooperation Council (GCC) countries show mix-reactions in 2009 | Rest of MENA sh...

The Canadian economy still has a long road back to recovery and hoteliers should expect a bumpy ride, according to Avery Shenfeld, chief economist at CIBC World Markets. Shenfeld delivered a state of the industry presentation during the Hotels Association of Canada’s 2010 Annual Conference at the Fairmont Royal York in Toronto.

“Our research indicates that there is a close relationship between movements in rooms revenue performance and total revenue performance for both UK provincial and London hotels. However, our analysis also indicates that London hoteliers have the ability to adjust fixed costs more quickly in response to changes in revenue performance, whereas provincial hotels have been less able to mitigate falls...

Choice Brings Some Clarion And Quality To Poland | Hilton’s Adventures In Gelendzhik and Liverpool | Stockholm Swaps A Park Inn For A Radisson Blu | A New Lease Of Life For The Shepherds Bush Pavilion | Rezidor Extends Its Partnership With Mvelaphanda Holdings | Accor Feels The Pull Of Morocco | Interval International’s Vacation In Egypt | Taj Hotels Heads For The Hills... | Starwood Hotel...

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.

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.

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...

It comes as no surprise that 2009 was a very bad year for the French hotel industry – even worse than 2003. As is the case during any economic crisis, 4 star hotels were the most severely impacted, business volatility being particularly pronounced in this market; the market does well during growth periods but suffers to a greater extent during economic downturns. Conversely, the decline in occupa...

Despite the majority of the sample cities benefiting from a growth in volume in December, 2009 has proved to be a tough year across Europe with Gross Operating Profit per Available Room (GOPPAR) declining by more than 30% in half of the sample cities, according to the latest HotStats survey from TRI Hospitality Consulting.

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 perce...