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 Australia & New Zealand. This set covers October to December 2012, taken in the 1st week of October 2012 (all rates are in US dollars for two adults for a one-night stay).
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 Middle East. This set covers September to November 2012, taken in the 4th week of September 2012 (all rates are in US dollars for two adults for a one-night stay).
The latest survey compiled by Horwath Hotel, Tourism and Leisure (HTL), the world’s largest hospitality consulting firm, shows that the improved optimism at the start of the year has once again been stymied due to the prevailing global economic uncertainty. Hotel operator sentiment has followed the same pattern of the last 3 years; with mid-year sentiment turning negative after a more optimistic outlook at the start of the year, slumping to a neutral score of 1.
Hotel rate parity trends for June to August 2012 of three, four and five star hotels across some of the major cities in Asia. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
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 June to August 2012, taken in the 2nd week of June 2012 (all rates are in US dollars for two adults for a one-night stay).
Hotel rate parity trends for March to May 2012 of three and four star hotels across some of the major cities in US. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
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 US. This set covers March to May 2012, taken in the 4th Week of March 2012 (all rates are in US dollars for two adults for a one-night stay).
2012 marks the transitional period between the new and old hotel norms. To avoid any misinterpretation, we have chosen to segment our statistics by positioning, rather than category. We have divided the market into five groups: Luxury, Upscale, Midscale, Budget and Super Budget. The characteristics of each group are presented on page 13 of this document. The economic slowdown apparent at the end of 2011 was confirmed at the start of the new year. Luxury hotels in Paris and on the Côte d'Azur were the only ones to experience RevPAR growth. A number of cities did manage to limit the damage, although for the most part, performances stagnated. Moreover, double-digit RevPAR drops were even recorded in some towns.
Average gross revenues and average revenue per visit at resorts were both up from the 2009/2010 season, a very positive sign for the industry, according to data from RRC Associates' Snowsport Economic Analysis.
When we talk about "gateway" cities, Brooklyn is the real deal. Immigrants have come to the U.S. through Brooklyn for centuries, and the area's exponential expansion has resulted in approximately 2.5 million residents, 33,000 businesses, 410,000 employees, and a legacy of culture and commerce that continues to send out roots. New York's most populous borough offers lower operating costs and ample commercial and industrial space compared with Manhattan, two factors that have helped promote business growth and demand for area hotels.
Hotel rate parity trends for February to April 2012 of three, four and five star hotels across some of the major cities in Middle East. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
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 Middle East. This set covers February to April 2012, taken on the 2nd week of February 2012 (all rates are in US dollars for two adults for a one-night stay).
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.
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 been expanding since the end of the recession, which is officially considered to have ended in June 2009. The recovery has been fragile, however, with many mixed signals that have led to uncertainty in the consumer and business markets.
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.
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 we are going.
Hotel rate parity trends for November to January 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.
This article 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, is given.