The U.S. hotel industry experienced increases in all three key performance metrics during the week of 29 January-4 February 2012, according to data from STR. In year-over-year comparisons for the week, occupancy was up 5.5 percent to 51.7 percent, average daily rate increased 3.1 percent to US$100.45 and revenue per available room was up 8.7 percent to US$51.98.

In Cairo, Egypt, where protests have been widely broadcasted, occupancy declined by 29.5 percentage points to 36.1 percent in 2011 and average daily rate (ADR) declined by 3.3 percent to EGP706.26. In the usually popular leisure destinations of Sharm El Sheikh, Egypt, and Hurghada, Egypt, occupancy reached 48.1 percent (-38.6 percent) and 57.2 percent (-28.7 percent), respectively. Unlike Cairo, ...

After December 2011 was marked by a slowdown in growth for the budget and 2 star sectors. In the 3 star market, the pattern varied throughout France, with Paris and a number of regional towns resisting well and others experiencing sharp declines in occupancy. However, average RevPAR did grow in this category.

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 Asia. This set covers February to April 2012, taken on the 1st week of February 2012 (all rates are in US dollars for two adults for a one-night stay).

Slow but steady. Our 2012 assessment of key geographic markets for the hotel industry is rounded out with a look at Africa. The South African office of HORWATH HTL contributes a look at prospects in its own backyard, while the rest of the continent is reviewed by W Hospitality in Nigeria.

The U.S. hotel industry experienced increases in all three key performance metrics during the week of 22-28 January 2012, according to data from STR. In year-over-year comparisons for the week, occupancy was up 4.0 percent to 53.8 percent, average daily rate increased 4.3 percent to US$101.84 and revenue per available room was up 8.5 percent to US$54.78.

Asia is insulated from Europe’s current economic woes – isn’t it ? To find out how several Asian and Pa cific markets will likely fare in 2012, we turned to HORWATH HTL, whose consultants sprang into action and produced the following situation reports and outlooks covering twelve countries from the UAE to Australia, and several points in between.

Our regional outlook continues with a look at key markets in the Western hemisphere. HORWATH HTL has provided an in-depth look at the prospects for 2012 in the USA, Brazil and the Caribbean. The economy of the United States is the world’s largest national economy. Its nominal GDP was estimated to be nearly $14.7 trillion in 2010, approximately a quarter of nominal global GDP. The US economy has b...

According to HORWATH HTL, 2012 will be a year of uneven recovery across Europe – unless the financial, fiscal and Euro crisis worsens substantially, in which case all bets are off. To get an idea of the outlook in key markets across the continent, The Hotel Yearbook asked 11 different offices of Horwath’s international network to contribute their professional assessment of where we are and where ...

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,...