Development Reports - Hospitality Net

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February 16, 2010

Thank Goodness 2009 Is Over! | by Betsy MacDonald, MAI, AACI, FRICS - HVS Canada

The good news is that Canadian occupancy and average room rates for all hotels were higher than those in the United States in 2009. The Canadian occupancy was just over 56%, slightly higher than the 55% reported in the US, but more importantly our average room rate was $117.55 relative to $97.51 in the US. That's a $20 differential! The Canadian RevPAR was $65.95, down 11.9%, which compares to $53.71 in the US, down 16.7%. So 2009 was bad, but it was far worse south of the border.

February 12, 2010

STR reports US pipeline for January 2010

The total active U.S. hotel development pipeline includes 3,647 projects comprising 378,145 rooms, according to the January 2010 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 35.9-percent decrease in the number of rooms in the total active pipeline compared to January 2009. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.

January 28, 2010

STR Reports US Performance Results For Fourth-quarter 2009

The U.S. hotel industry reported decreases in all three key performance metrics for fourth-quarter 2009 in year-over-year measurements, according to data from STR. The industry’s occupancy dropped 4.4 percent to 50.6 percent, average daily rate fell 7.6 percent to US$95.79, and revenue per available room decreased 11.7 percent to US$48.50.

December 21, 2009

STR Global reports Central and South America hotel pipeline for November 2009

The Central/South America hotel development pipeline includes 131 projects with 19,929 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

December 21, 2009

STR Global reports the Asia/Pacific hotel pipeline for November 2009

The Asia/Pacific hotel development pipeline includes 975 hotels comprising 232,680 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

December 21, 2009

STR Global reports Europe hotel pipeline for November 2009

The Europe hotel development pipeline includes 577 hotels comprising 97,266 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

December 21, 2009

STR reports Caribbean and Mexico hotel pipeline for November 2009

The Caribbean/Mexico hotel development pipeline includes 131 hotels comprising 18,291 rooms, according to the November 2009 STR Construction Pipeline Report released this week.

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December 21, 2009

STR Global reports Middle East/Africa hotel pipeline for November 2009

The Middle East/Africa hotel development pipeline includes 441 hotels comprising 119,560 rooms, according to the November 2009 STR Global Construction Pipeline Report released this week.

December 14, 2009

STR reports US pipeline for November 2009

The total active U.S. hotel development pipeline includes 3,939 projects comprising 417,412 rooms, according to the November 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 33.9-percent decrease in the number of rooms in the total active pipeline compared to November 2008. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre-Planning stage.

November 30, 2009

HVS EMEA Hospitality Enews - Week Ending 27 November 2009

Leading Family Hotels And Kinderhotels Brands Look To Expand | Wyndham And Ramada Encore To Make Their Middle East Debuts | End-Of-Year Promotion Doubletree On Its Way To Saudi Arabia | Cairo In Receipt Of A Radisson Blu | Barnsley House To Be Renovated | Kiessling's Corner

November 19, 2009

STR Global reports Central and South America pipeline for October 2009

The Central/South America hotel development pipeline includes 138 projects with 21,451 rooms, according to the October 2009 STR Global Construction Pipeline Report released this week.

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November 19, 2009

STR Global reports Europe hotel pipeline for October 2009

The Europe hotel development pipeline includes 570 hotels comprising 93,163 rooms, according to the October 2009 STR Global Construction Pipeline Report released this week.

November 19, 2009

STR Global reports Middle East/Africa pipeline for October 2009

The Middle East/Africa hotel development pipeline includes 437 hotels comprising 120,682 rooms, according to the October 2009 STR Global Construction Pipeline Report released this week.

November 19, 2009

STR reports Caribbean and Mexico pipeline for October 2009

The Caribbean/Mexico hotel development pipeline includes 129 hotels comprising 18,715 rooms, according to the October 2009 STR Construction Pipeline Report released this week.

November 19, 2009

STR Global reports the Asia/Pacific pipeline for October 2009

The Asia/Pacific hotel development pipeline includes 985 hotels comprising 235,931 rooms, according to the October 2009 STR Global Construction Pipeline Report released this week.

November 13, 2009

STR Reports Canada Performance For Week Ending 7 November

The Canadian hotel industry posted declines in all three key performance measurements during the week of 1-7 November, according to data from STR. In year-over-year measurements, the industry’s occupancy decreased 9.6 percent to end the week at 59.1 percent. Average daily rate dropped 3.7 percent to finish the week at CAD$122.13. Revenue per available room for the week decreased 13.0 percent to finish at CAD$72.21.

November 12, 2009

STR reports U.S. hotel pipeline for October 2009

The total active U.S. hotel development pipeline includes 4,089 projects comprising 435,265 rooms, according to the October 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 32.7-percent decrease in the number of rooms in the total active pipeline compared to October 2008. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages, but does not include projects in the Pre Planning stage.

October 20, 2009

STR Global Reports Europe Hotel Pipeline For September 2009

The Europe hotel development pipeline includes 547 hotels comprising 89,205 rooms, according to the September 2009 STR Global Construction Pipeline Report released this week.

October 20, 2009

STR Reports Caribbean And Mexico Hotel Pipeline For September 2009

The Caribbean/Mexico hotel development pipeline includes 133 hotels comprising 19,434 rooms, according to the September 2009 STR Construction Pipeline Report released this week.

October 20, 2009

STR Global reports the Asia/Pacific hotel pipeline for September 2009

The Asia/Pacific hotel development pipeline includes 970 hotels with 232,502 rooms, according to the September 2009 STR Global Construction Pipeline Report released this week.