The Central/South America hotel development pipeline includes 141 projects with 21,751 rooms, according to the September 2009 STR Global Construction Pipeline Report released this week.
Rocco Forte May Say Auf Wiedersehen To Switzerland | All Seasons Comes To The UK | The Radisson Blu Reopens In Hamburg | Interval International Reaches New Heights | Three Hotels In Iraq For Millennium & Copthorne | Whitbread Reports Its Half-Year Results | Accor’s Results For Year-To-September 2009 | Roll Up, Roll Up For The International Hotel Conference | Kiessling’s Corner | HVS London's Russell Kett To Moderate A Webcast
The Big Sell | Ch-Ch-Ch-Changes | A New Look For Holiday Inn | Firmdale Hotels Hams It Up In Soho | Buyer Wanted | A New Travelodge For Edinburgh | Kiessling’s Corner | And Finally…A Note From His Master's Voice
The Central/South America hotel development pipeline includes 145 projects with 21,750 rooms, according to the August 2009 STR Global Construction Pipeline Report released this week.
The Asia/Pacific hotel development pipeline includes 997 hotels with 239,313 rooms, according to the August 2009 STR Global Construction Pipeline Report released this week.
The European hotel development pipeline includes 585 hotels comprising 94,259 rooms, according to the August 2009 STR Global Construction Pipeline Report released this week.
The total active U.S. hotel development pipeline includes 4,384 projects with 475,521 rooms, according to the August 2009 STR/TWR/Dodge Construction Pipeline Report released this week. This represents a 2.5-percent decrease in the number of rooms in the total active pipeline compared to July 2009 and a 27.9-percent decrease compared to August 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.
Fattal Flies In To Hamburg To Board Airlines Hotel | Ramada And Radisson Ride Into The Republics | Maritim Hotels A-Twitter With Joy | A Mixture Of Salt And Sand | The Hotel Clay May Now Be Thrown In The Potteries | Kiessling's Corner | The International Hotel Conference
InterContinental Debuts in Ukraine | New Owner For The Kempinski Hotel Rotes Ross Halle-Leipzig | Former Real Hotel Company Property Sold | A New Hotel For Leeds | Great Northern Hotel To Be Redeveloped | Mövenpick Number Five For Jordan... | ...And Ibis Number One | Kiessling's Corner | Kingdom Hotel Group's Half-Year Results | Accor Announces Its Results for The First Six Months Of 2009 | NH Hoteles Reports Its Half-Year Results
Steigenberger Hotel Group Sold | Emaar Gets Two New Addresses In Dubai | Four Seasons Hotel London To Be Transformed | Bespoke Made Merry | Travelodge Sees A Bright Future On The Wirral | Ode To The International Hotel Conference | Kiessling’s Corner
The U.S. hotel industry posted declines in all three key performance measurements during the week of 9-15 August 2009, according to data from STR. In year-over-year measurements, the industry’s occupancy fell 6.9 percent to end the week at 63.9 percent. Average daily rate dropped 9.9 percent to finish the week at US$96.70. Revenue per available room for the week decreased 16.2 percent to finish at US$61.80.
RevPAR declines are expected to continue into the convention season according to STR’s revised monthly forecast. The company also revised its forecasts for year-end 2009 and 2010.
Giggs And Neville Hope To See Action In Malta | Rezidor To Open Three Hotels In Nigeria | Baia Bursa Is The Fourth Baia Hotel In Turkey | Plans Proposed For Piccadilly Pod | Holidaybreak Buys The Liddington Hotel | Chocks Away! Biggin Hill Hotel Plan Takes Off At Last | The Royal Lancaster Hotel Is To Change Its Name | Kiessling's Corner | InterContinental Hotels Group Reports Its Half-Year Results
The U.S. hotel industry posted declines in all three key performance measurements during the week of 26 July-1 August 2009, according to data from STR. In year-over-year measurements, the industry’s occupancy fell 6.4 percent to end the week at 66.5 percent. Average daily rate dropped 9.6 percent to finish the week at US$97.48. Revenue per available room for the week decreased 15.5 percent to finish at US$64.86.
The Canadian hotel industry posted decreases in all three key performance measurements during the week 26 July-1 August 2009, according to data from STR. In year-over-year measurements, the industry’s occupancy fell 4.5 percent to end the week at 69.9 percent. Average daily rate dropped 8.8 percent to finish the week at CAD$120.06. Revenue per available room for the week decreased 12.9 percent to finish at CAD$88.18.
This article examines the hotel market in Dubai. It comments on the historic performance as well as focusing on the apparent sustainability of Dubai’s hotel market as it stood before the financial crisis. We will then comment on the effect of the current economic situation on Dubai's hotel market in addition to commenting on the expected future hotel market supply and performance of Dubai hotels. Furthermore, we will share HVS' outlook for Dubai.
Global hotel transaction activity during the first half of 2009 totalled $3.7 billion, representing a 78 percent downturn compared with the first half of 2008. Following consecutive quarterly declines throughout 2008, the second quarter posted an uptick. Promising signs have surfaced after the first quarter of 2009 marked the low point in hotel transactions - the weakest activity level tracked since the third quarter in 2001, when the market was badly impacted by the 9/11 attacks.
Deka Gets In First | Heythrop Park Beautifies Itself For Crowne Plaza | Milton Keynes Dons The Doubletree Strip | Quality On The Streets Of Maida Vale | Cars Give Way To Hotel In Chelmsford | Kiessling's Corner | Rezidor Reports Its Half-Year Results | The Allure Of The International Hotel Conference
The U.S. hotel industry posted declines in all three key performance measurements during June, according to data from STR. In year-over-year measurements, the industry’s occupancy fell 9.7 percent to end the month at 61.3 percent. Average daily rate dropped 9.9 percent to finish the month at US$96.77. Revenue per available room for the month decreased 18.6 percent to finish at US$59.34.
The European hotel development pipeline includes 596 hotels with 94,695 rooms, according to the June 2009 STR Global Construction Pipeline Report released last week.