STR's preliminary August 2019 data for hotels in Melbourne, Australia, indicates lower overall performance, but higher room rates.Based on daily data from the month, Melbourne reported the following .
STR's preliminary August 2019 data for London indicates lower occupancy but significant overall performance.Based on daily data from the month, London reported the following in year-over-year compari.
Accor accounts for the largest hotel room presence in the Central/South America region, followed by Marriott International, according to census data from STR. As part of the STR 500, the company will release a combined list of the continent's 100 largest companies and brands during next week's SAHIC Latin America Hotel Tourism & Investment Conference in Quito, Ecuador.
The Canadian hotel industry recorded mostly negative year-over-year results in the three key performance metrics during the week of 1-7 September 2019, according to data from STR.
The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 1-7 September 2019, according to data from STR.
STR's preliminary August 2019 data for hotels in Hong Kong indicates all-time low occupancy levels amid ongoing protests in the region.Based on daily data from the month, Hong Kong reported the follo.
STR's preliminary August 2019 data for Dubai, United Arab Emirates, indicates significant growth in both supply and demand. Based on daily data from August, Dubai reported the following in year-over-.
The Middle East Hotel Construction Pipeline Project Count at an All-Time High in the Second Quarter of 2019
In a recent report by analysts at Lodging Econometrics (LE), the Middle East hotel construction pipeline stands at 640 projects/181,890 rooms, up 6% and 4%, respectively, year-over-year (YOY). This is an all-time high for projects in the region.
CWT M&E, the global meetings and events division of CWT, says the $840 billion industry is poised for an 8% growth in 2020 despite looming geopolitical and economic headwinds, according to its 2020 Future Trends Report, published today.
This latest market report on the Caribbean, combines fascinating insights on the unique geographic and administrative composition, historical and current industry performance, major trends, stakeholders and mid-term expectations.