The economy’s effect in Asia/Pacific | hotelnewsnow.com

International tourism started strong in 2008. According to the UNWTO World Tourism Barometer, the first four months of the year saw an average of 5.7 percent growth. However, this number fell to 2 percent between June, July and August, and we anticipate that it will continue to decline. UNWTO has forecasted growth for the year at 2 percent to 3 percent, thanks to the strong start.

Read the full article
Finance Finance Sales & Marketing

STR Global provides clients—including hotel operators, developers, financiers, analysts and suppliers to the hotel industry— access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information.