STR Global reports RevPAR growth across major markets in Spain and Portugal
STR Global, the leading provider of market data to the world's hotel industry, reported double-digit revenue-per-available-room (RevPAR) growth in Lisbon, the Balearic Islands and the Canary Islands year-to-November (YTD) 2011 compared to the same time frame in the year prior. The double-digit RevPAR growth resulted mainly from increasing occupancy.