STR: Mexico hotel performance for Q1 2016
The Mexican hotel industry reported mixed results in the three key performance metrics for the first quarter of 2016, according to data from STR.
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Luxury Market Surges In Los Cabos | Travelmarketreport.com
Hoteliers are betting on Los Cabos’ reputation as a top destination for luxury travelers, as they continue to bring upscale brands to the area. The good news: it seems to be paying off. The hot spot saw a 14.7% tourism increase in 2015 compared to 2014, welcoming more than 1.5 million tourists a year. Delta Vacations and Aeromexico Vacations bookings to the destination have seen “healthy double-digit increases,” said Delta Vacations senior vice president of marketing and product development Tina Iglio. Iglio predicts Los Cabos will “represent a huge opportunity for travel agents in 2016.”
Associated Luxury Hotels International (ALHI) Expands Worldwide Portfolio With An Exceptional Resort In Panama
Associated Luxury Hotels International (ALHI), the leading worldwide independent Global Sales Organization (GSO) serving the North American Meetings and Incentive (M&I) marketplace, recently expanded its global portfolio with Bern Hotels & Resorts Panama's exceptional The Westin Playa Bonita Panama in Panama City, Panama. The addition helps ALHI address the growing demand for M&I programs in Central America, and specifically Panama, according to ALHI President Jim Schultenover. ALHI now represents the resort to North American meeting professionals and executives interested in conducting meetings, conventions and/or incentive programs.
Trends and Opportunities Brazil 2014 - 2015
This article analyzes hospitality markets in six major Brazilian cities – São Paulo, Rio de Janeiro, Belo Horizonte, Curitiba, Porto Alegre and Salvador – discussing key performance indicators in 2014 vis-à-vis past years. Welcome to the 7th edition of the Brazil: Trends and Opportunities, an annual publication by HVS/HotelInvest that focuses on presenting and analyzing hospitality industry performances in the primary markets in Brazil. Every year we digest the latest, reliable market information and present the challenges and opportunities facing the Brazilian hospitality industry. In the end, it is our opinion that a well informed and transparent market is a solid and professional one. In this edition, we will analyze the situations that affected the hospitality market in 2014, including the World Cup, the stagnation of the national economy, and the presidential elections.
Trends and Opportunities South America 2014 - 2015
This article analyzes hospitality markets in six major South American cities –Buenos Aires, Santiago, Bogota, Lima, Rio de Janeiro and São Paulo – discussing key performance indicators in 2014 vis-à-vis past years and future outlook for 2015.
Trends and Opportunities Brazil: 4th Quarter Preview of 2014 - HVS
nst the expectations of the third quarter preview of Trends and Opportunities Brazil, in the fourth and last quarter of 2014 the overall performance of the subject hospitality markets analyzed decreased. Historically, periods of presidential elections may cause some trouble to the corporate hospitality demand. Especially this year, uncertainties about the election result and its reflex in the economy slowed down the corporate market in the period. These factors allied to the expressive supply growth in some cities, resulted in negatives variations of RevPAR in all cities but São Paulo.
FIFA World Cup 2014 – The Hospitality Playing Field
With the world’s biggest sports event commencing in Brazil, HVS São Paulo analyzes the impact of the games on the region’s hotel market. Despite the turbulent preparations, the event has had a positive start, and hotels in majority of the host cities should have good reasons to celebrate.
2014 World Cup Kick-off: HVS Brazil Market Pulse
With the world's biggest sports event commencing in Brazil, HVS São Paulo analyzes the impact of the games on the region's hotel market. Despite the turbulent preparations, the event has had a positive start, and hotels in majority of the host cities should have good reasons to celebrate.
Hotel Average Occupancy Falls for the Second Consecutive Year, but Maintains Healthy Levels
The 2014 edition of Trends and Opportunities Brazil – an annual report jointly released by HVS and HotelInvest that analyzes hospitality markets in six major Brazilian cities – reveals that key performance indicators trended negatively in 2013, though the average occupancy in Brazil continued to remain at healthy levels; above 63%.
GBTA Forecasts Double Digit Growth For Brazil’s Business Travel
The Global Business Travel Association (GBTA), the voice of the global business travel industry, has released its latest GBTA BTI™ Outlook report on Brazil as part of its semi-annual series. Sponsored by Visa.
Brazil's lodging fundamentals continue upward trajectory, hotel gross operating profits hit a historic high of 36.5 percent of total revenue
Brazil's lodging fundamentals remain positive as the country experienced a double-digit rise in average daily rates (ADR) and record revenue per available room (RevPAR) growth in 2011. Steady performance levels coupled with efficiencies in hotel operations led to record profits with a historic high of 36.5 percent gross operating performance for hotels, according to Jones Lang LaSalle Hotels' annual, bi-lingual research study, Lodging Industry in Numbers – Brazil 2012.
Brazilian Hotels Posting Double-Digit Performance Growth for Second Consecutive Year
"Booming domestic and international travel demand in the country continues to drive up occupancy and average daily rates, or ADR, in markets across Brazil," said Ricardo Mader, Executive Vice President for Jones Lang LaSalle Hotels in Sao Paulo. "The rise in ADR has outpaced the country's GDP growth, highlighting the significant recovery in the sector."
STR: US hotel performance for week ending 30 July 2011
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 24-30 July 2011, according to data from STR. In year-over-year comparisons for the week, occupancy rose 2.5 percent to 72.8 percent, average daily rate increased 4.1 percent to US$103.59, and revenue per available room finished the week up 6.7 percent to US$75.42.