Based on daily data from April, Melbourne reported the following in year-over-year comparisons: Supply: +3.9% Demand: +1.2% Occupancy: -2.6% to 80.9% Average daily rate (ADR): +0.6% to AUD176.23 Revenue ... The May edition of STR's Market Forecast also will be available in the coming weeks.
Based on daily data from April, Singapore reported the following in year-over-year comparisons: Supply: +2.7% Demand: +0.3% Occupancy: -2.3% to 81.1% Average daily rate (ADR): -4.6% to SGD268.01 Revenue ... The May edition of STR's Market Forecast also will be available in the coming weeks.
Based on daily data from April, Munich reported the following in year-over-year comparisons: Supply: +1.6% Demand: -11.8% Occupancy: -13.2% to 71.8% Average daily rate (ADR): -38.4% to EUR109.90 Revenue ... The May edition of STR's Market Forecast also will be available in the coming weeks.
Based on daily data from April, London reported the following in year-over-year comparisons: Supply: +2.8% Demand: +6.6% Occupancy: +3.7% to 83.0% Average daily rate (ADR): +6.4% to GBP143.92 Revenue per ... The May edition of STR's Market Forecast also will be available in the coming weeks.
The JWC has been designed specifically for the demands of larger video wall configurations and includes video card and driver technology developed specifically for the task. ... the unique content capabilities of the JANUS Vizia software solution to distribute a wide range of content, including advertising, live TV, upcoming and current event information or local weather forecasts
Room revenue forecasts come from CBRE Hotels' Hotel Horizons forecasting platform. ... Future values for model components come from forecasts of capital market rates produced by CBRE's Econometric Advisors and the foregoing NOI forecasting activity (NOI growth rates).
Before we jumped in to any science fiction forecasts, we first discussed how smart televisions have now overtaken regular TV sales and what that means for the evolution of the in-room viewing experience ... but scratching the surface in terms of how you might go about upgrading your hotel with new devices that enhance the guest experience through augmented technological engagement – a trait that is in demand
With the launch of Uptown Suites through a controlled affiliate, Starwood Capital strives to meet the increasing demand of value-conscious extended-stay guests by offering economy-priced apartment-style ... "Demand for value-oriented extended-stay lodging continues to rise and guests are increasingly seeking a hospitality experience that is pedestrian-friendly and walkable, with high-quality amenities and
The trends presented by PwC were: Demographic and Social Change, with a polarising demand shift from the Silver Tourist to the Millennials and Generation Z; Shift in Global Economic Powers, as emerging ... economies are expected to surpass advanced economies in terms of international tourism arrivals by 2020; Accelerating Urbanisation, with 40 global megacities forecast by 2025; Climate Change and Resource
ADR was less affected, with a 0.8% decline in Q2 2016 and a 5.7% drop in Q3, as hotels responded to fallouts in demand. ... "Following a 16% decline in demand in 2016, we should see an uplift of 15% for 2017 as both tourism and business travel continues to increase.
The travel and tourism industry today finds itself at the helm of a multi-faceted demand shift driven by these generational and demographic changes. ... This change from what the report calls "Generation Z and the Millennial to the Silver tourist" - brings with it numerous opportunities and challenges, mainly because of the polarising demands it requires
Demand fell with the declining economy, and the pipeline of new supply delivered an abundance of new hotels. ... Reno Tourism and Meeting & Group Demand Casinos are still a dominant attraction for tourism and events in Reno, two demand segments that account for the vast majority of hotel bookings in the area.
unconstrained demand. ... "We are in a very competitive market, and Duetto brings us the benefits of Open Pricing and the ability to forecast demand, better understand our customers and build direct bookings."
"While Dubai continues to add new supply, it also continues to add new leisure attractions, and expanding the market's range of potential visitors can only help drive hotel demand and profitability." ... "The market faces several challenges over the next few years in maintaining a demand level that can offset some of this supply growth.
Real-time data collection and analysis will result in both better forecasting and a timely response to the pricing demands of our guests," said Oxford Corporate CFO Kurt Stelk. ... The unique combination of hospitality experience and technology leadership enables Duetto to provide new insights on pricing and demand as a true cloud-based software-as-a-service.
While this represents significant expansion for Dubai, demand has also continued to grow. ... Looking at 2016 vs 2017, the survey will analyse the shifts in market mood and forecasts.
STR's preliminary March 2017 data for Sydney, Australia, indicates significant demand and occupancy levels. ... The February edition of STR's Market Forecast is now available.
STR's preliminary March 2017 data for Hong Kong indicates performance driven by significant demand growth. ... The February edition of STR's Market Forecast is now available.
STR's preliminary March 2017 data for Dubai, United Arab Emirates, indicates performance consistent with significant growth in both supply and demand. ... The February edition of STR's Market Forecast is now available.
Additionally, airport hotels have seen an uptick in demand, indicating an increase in inbound tourism as a result of the pound devaluation. ... The February edition of STR's Market Forecast is now available.