This newsletter provides a snapshot of the performance of Greek hotels based on a sample of more than 180 hotels & resorts in Greece. The hotel performance data is complemented by data from other sources so as to place the Greek hospitality industry in the context of Greek tourism and of the International Hospitality Industry. Finally, the outlook of the industry, as seen by hoteliers themselves,...

Hotel rate parity trends for February to April 2012 of three, four and five star hotels across some of the major cities in Europe. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

London and Regional U.K. reported positive revenue-per-available-room (RevPAR) growth in 2011, according to data from STR Global, the leading provider of market data to the hotel industry. Despite its challenges throughout the year, demand grew in the majority of U.K. destinations. For 2012, STR Global forecasts a slight RevPAR increase for London and Regional U.K.

2011 closes with positive indicators for hotel business throughout the European Union, with an average of 5.5% growth in the RevPAR as a result of increased occupancy combined with growth in average daily rates. Yet, the dynamic that was seen until Spring 2011 slowed in the last quarter, ending with the start of decline last December. Europe is facing the challenge of renewing its hotel supply an...

Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Europe. This set covers January to March 2012, taken on the 3rd week of January 2012 (all rates are in US dollars for two adults for a one-night stay).

n 2011, the number of nights spent in hotels and similar establishments1 in the EU27 reached a peak of 1.6 billion nights, up by 3.8% compared with 2010. The evolution of the number of nights spent in hotels in the EU27 showed alternating phases of growth and decline over the last decade. After a low point in 2003, the number of nights spent grew steadily for four successive years. In 2008 and 20...

The U.S. hotel industry experienced increases in all three key performance metrics during the week of 15-21 January 2012, according to data from STR. In year-over-year comparisons for the week, occupancy was up 3.9 percent to 51.4 percent, average daily rate increased 3.7 percent to US$99.96 and revenue per available room was up 7.8 percent to US$51.39.

Five of the ten European cities for which we present data this month registered Gross Operating Profit per Available Room (GOPPAR) growth in December according to the latest HotStats survey by TRI Hospitality Consulting. Berlin, Prague, Warsaw and Paris experienced double digit growth in December, with Berlin registering the highest level of GOPPAR growth (+24.5%). The German capital posted a 6.9...

The U.S. hotel industry is expected to report steady RevPAR increases in both 2012 and 2013, according to the most recent forecast from STR, in partnership with Tourism Economics. Overall in 2012, the U.S. hotel industry's occupancy is expected to rise 0.5 percent to 60.4 percent, its average daily rate is projected to be up 3.8 percent to US$105.45 and its revenue per available room is planned t...

MKG Hospitality's December and end-of-year hotel results are out for the Middle East & North African regions, showing clear-cut trends and a division in hotel performances. Turkey, Kuwait and Saudi Arabia are easily the best performing markets.