Browsing Tag

STR Global

TTF 2020: Bill Bensely bangs the drum for sustainable, proftable travel in Thailand

Alastair Newport Jan 21, 2020

Artist, architect and icon of design to a million hoteliers across the world, Bill Bensley was the big top speaker at last night’s Thailand Tourism Forum (TTF) 2020, event. Hosted on the…

Holiday date shifts impact school break calendars, hotel leisure demand

Megha Paul Jun 21, 2019

The 2019-2020 School Break Report from STR Global for the US market shows notable shifts in school calendar dates and subsequent periods of high hotel leisure demand, with weather and…

Hong Kong hotel revPAR falls 17%

Mark Elliott Mar 24, 2016

Hong Kong’s hotel sector experienced a sharp decline in revPAR (revenue per available room) in February 2016. According to the latest monthly data from STR, the city's occupancy…

Hospitality numbers dip for Abu Dhabi: STR Global

Mark Elliott Mar 13, 2016

The recent report released by STR Global for February 2016 state that the emirate indicates performance decreases driven by an off year for the biennial International Defence Exhibition…

ATM 2016 to strongly focus on mid-market travel

Mark Elliott Mar 10, 2016

The Arabian Travel Market (ATM) this year is finalising the line-up of participants with a strong focus on mid-market tourism – a key area of opportunity for Middle East destinations…

European hotel sector tops US for RevPAR growth

Aaron Greenwood Mar 9, 2016

Last year marked the first since 2010 in which the European hotel industry passed hotels in the U.S. in year-over-year revenue per available room (RevPAR) growth, according to data from STR…

Middle East hotel results slump into the negative

Mark Elliott Feb 26, 2016

Hotels in the Middle East reported negative results, while hotels in Africa recorded mixed results in the three key performance metrics, according to January 2016 data from STR Global.…

High occupancy for Indian hotels

Mark Elliott Feb 25, 2016

India’s hotel sector has started the year strongly, posting the highest occupancy level for any January in the country since 2008. According to the latest data from STR Global, the…

Strong start to 2016 for Asia Pacific hotels

Mark Elliott Feb 25, 2016

The Asia Pacific hotel sector experienced rising rates and occupancy in January 2016. According to the latest monthly data from STR Global, released on Thursday, the region's…

London tops European hotel pipeline data

Aaron Greenwood Feb 15, 2016

There are 1,152 hotels totalling 167,251 rooms Under Contract in Europe, according to the January 2016 STR Global Pipeline Report. This represents a 15.8% increase in rooms Under Contract…

9,000 new hotel rooms coming to Shanghai

Mark Elliott Feb 15, 2016

More than 9,000 new hotel rooms will be added to Shanghai's citywide inventory, when all 35 new hotels currently under construction in the city are opened. According to the Asia…

Australian Open boosts Melbourne hotels

Mark Elliott Feb 4, 2016

Hotels in Melbourne experienced significant increases in occupancy and average daily rate (ADR) during the recent Australian Open tennis tournament. According to data from STR Global,…

European hotel industry ends 2015 on a high

Aaron Greenwood Feb 2, 2016

The European hotel industry recorded positive year-end 2015 results in the three key performance metrics when reported in Euro constant currency, according to data from STR Global.…

Middle East hotel figures slump in 2015

Mark Elliott Jan 29, 2016

Hotels in the Middle East reported negative year-end 2015 results, while hotels in Africa recorded mostly positive results in the three key performance metrics, according to data from STR…

Asian hotel performance remained flat in 2015

Mark Elliott Jan 28, 2016

The performance of hotels in Asia Pacific remained almost flat in 2015, compared to 2014. According to the full-year data from STR Global, region-wide occupancy edged up just 0.1% to…

Thai hotel occupancy soars in 2015

Mark Elliott Jan 26, 2016

Thailand's hotel occupancy experience double-digit growth in 2015, as the country’s hospitality sector benefited from increasing visitor numbers. According to data released by STR…

Birmingham hotels report record occupancy rate

Aaron Greenwood Jan 25, 2016

Birmingham’s hotels achieved a record 81% occupancy rate in October 2015 – bolstered by a number of festivals, exhibitions and concerts. The figures are a 2% increase on October 2014 and…

Euro hotel pipeline booms in December

Aaron Greenwood Jan 17, 2016

There are 1,132 hotels totalling 161,940 rooms Under Contract in Europe, according to the December 2015 STR Global Pipeline Report. This represents a 16.2% increase in rooms Under…

China, India & Indo account for 75% of new Asian hotel rooms

Mark Elliott Jan 15, 2016

Three quarters of the new hotel rooms currently under construction in the Asia Pacific region are located in just three countries: China, India and Indonesia. According to STR…

The latest industry appointments

Mark Elliott Jan 13, 2016

CHRISTINE LIU has become STR Global's new country manager for China. Based in Beijing, she will now head up the hotel benchmarking company's operations in China. Liu joins STR Global…

London hotel sector slides in November

Aaron Greenwood Dec 14, 2015

STR Global’s preliminary November 2015 data for London, England, indicates decreases in several key performance metrics. Based on daily data from November, London reported: an increase…

Milanese hotel operators reap Expo rewards

Aaron Greenwood Dec 9, 2015

Hotels in Milan, Italy, reported record-breaking performance in October and significant performance increases across the six months of Expo Milano 2015, according to new data released by STR…

MEA hotels witness a dip in October 2015: STR Global

Mark Elliott Nov 26, 2015

Recent research and statistics from STR Global revealed that hotels in both Middle East and Africa reported negative results in three key performance metrics for October 2015. When…

European hotel sector outlook improves

Gemma Greenwood Nov 25, 2015

The European hotel industry recorded positive results in the three key performance metrics when reported in Euro constant currency, according to October 2015 data compiled by STR Global.…

The latest industry appointments

Mark Elliott Nov 25, 2015

PERRY CANTARUTTI has become the new chief executive officer of SkyTeam, the global airline alliance. Cantarutti most recently spent five years with Delta Air Lines as senior vice…

Indian hotel revPAR surges in October

Mark Elliott Nov 25, 2015

Hotels in India reported double-digit revPAR (revenue per available room) growth in October 2015. According to the latest data from STR Global, a 1.2% decline in average daily rates…

Asian hotel revPAR edges higher in October

Mark Elliott Nov 25, 2015

Hotels in the Asia Pacific region experienced small increases in terms of rates, occupancy and revPAR (revenue per available room) in October 2015. According to the latest data from…

Dubai hotels witness a dip for October 2015

Mark Elliott Nov 19, 2015

STR Global recently released its preliminary data for October 2015 for Dubai. As per the report, the performance indicates a decreases when compared with a strong October in 2014. As…

London hotel sector continues remarkable run in October

Aaron Greenwood Nov 18, 2015

London’s hotel sector continued its impressive growth in October, with STR Global’s preliminary data for the month showing significant increases in several key performance metrics. Based…

Hotel occupancies for MEA region on positive trend: STR Global

Mark Elliott Oct 28, 2015

Recent statistics released by STR Global for September 2015 stated that hotels in the Middle East and Africa (MEA) region reported positive results in the three key performance areas.…

Euro hotel sector reports improved results in September

Aaron Greenwood Oct 27, 2015

The European hotel industry recorded positive results in the three key performance metrics in September, according to September 2015 data compiled by STR Global. Compared…

London hotel sector reports positive results in September

Aaron Greenwood Oct 21, 2015

London’s hotel sector reported increases in supply (+1.7%) and demand (+1.6%), a 6.5% increase in average daily rate to GBP163.94, and a 6.5% increase in revenue per available room to…

Sydney hotel rates highest since Olympics

Mark Elliott Oct 19, 2015

Sydney's already booming hotel sector improved even further in September. According to the latest preliminary data from STR Global, the city's average daily rate (ADR) increased 6.3%…

Hotel performance dips in MEA: STR Global

Mark Elliott Sep 28, 2015

The recent hotel performance report for the Middle East and Africa region reported negative results in three key performance metrics for August 2015. The report was compiled by STR…

Mumbai hotels soar in August

Mark Elliott Sep 28, 2015

Hotels in Mumbai experienced strong performance improvements in August 2015. According to the latest data from STR Global, the city experienced double-digit growth in terms of hotel…

Japanese hotel sector surges while Korea struggles

Mark Elliott Sep 25, 2015

The hotel sectors in Japan and South Korea experienced vastly different fortunes in August 2015. According to the latest monthly data from STR Global, Japan experienced rising occupancy,…

STR Global partners with Qatar Tourism Authority

Mark Elliott Sep 21, 2015

STR Global has partnered with Qatar Tourism Authority (QTA) to expand services throughout the country’s hotel industry. Philip Wooller, STR Global’s area director for the Middle East…

London’s hotel sector shows positive gains in August

Aaron Greenwood Sep 17, 2015

London’s hotel sector reported gains in August, with key performance criteria showing signs of improvement during the month. Supply (+2.3%) and demand (+0.5%) increased, while the average…

Dubai hotels witness a decline in August 2015: STR Global

Mark Elliott Sep 16, 2015

Recent reports posted by STR Global in its preliminary August 2015 data for Dubai showed that there was a year-over-year decrease in several key performance metrics. The emirate…

Singapore’s hotel occupancy hits four-year high

Mark Elliott Sep 15, 2015

Hotels in Singapore continued to experience high occupancy in August 2015. According to the latest preliminary data from STR Global, rising demand for Singapore's hotels (+4.8%)…

European hotel industry outlook improves in July

Aaron Greenwood Sep 1, 2015

The European hotel industry recorded positive results across the three key performance metrics in July 2015, according to data compiled by STR Global. Compared to July 2014, Europe…

MEA hotel occupancies record positive growth

Mark Elliott Aug 30, 2015

The recent report by STR Global for the Middle East and Africa region reported positive results for July 2015. Compared to last year, the Middle East/Africa region reported a 12.1%…

Asian revPAR climbs in July

Mark Elliott Aug 28, 2015

Hotels in the Asia Pacific region experienced rising occupancy, rates and revPAR (revenue per available room) in July 2015. According to the latest monthly data from STR Global, the…

London hotel sector reports healthy growth in July

Aaron Greenwood Aug 18, 2015

STR Global has released its preliminary data for London July 2015 data for London, England, indicates positive year-over-year results in each of the three key performance metrics. …

Dubai’s hotel occupancy levels get revived: STR Global

Mark Elliott Aug 18, 2015

Recent statistics from STR Global for July 2015’s preliminary data for Dubai indicated significant year-over-year performance increases. Dubai reported an increase in supply by 4.8%…

European hotel pipeline contracts in July

Aaron Greenwood Aug 13, 2015

There are 804 hotels totalling 131,389 rooms under contract in Europe, according to the July 2015 STR Global Construction Pipeline Report. This represents a 9.5% decrease in rooms under…

UAE prepares for top tourism position by 2020

Mark Elliott Aug 13, 2015

Dubai is gearing up to host over 80 international industry experts from PwC, STR Global, TOPHOTELPROJECTS and Deloitte among others. The speakers will discuss and debate mega trends…

European hotel sector moves ahead in June

Aaron Greenwood Jul 27, 2015

The European hotel industry recorded positive results in terms of occupancy, ADR and RevPAR, according to June 2015 data compiled by STR Global. Compared to June 2014, Europe…

London hotel occupancy rates up in June

Gemma Greenwood Jul 20, 2015

STR Global has released its preliminary June 2015 data for London, England, which indicates significant occupancy levels. Based on daily data from June, London reported increases in…

UK leads Europe in hotels under construction

Gemma Greenwood Jul 17, 2015

There are 805 hotels totaling 130,652 rooms Under Contract in Europe, according to the June 2015 STR Global Construction Pipeline Report. Among the countries in the region, the United…

Half of new Asian hotel rooms to rise in China

Mark Elliott Jul 16, 2015

More than half of all new hotels currently under construction in the Asia Pacific region are located in China, a new report has found. In its latest Construction Pipeline Report for…

Euro hotel sector reports mixed results in May

Aaron Greenwood Jul 1, 2015

The European hotel industry posted mixed results in May, according to data compiled by STR Global. A weakening Euro led to varied performance amongst Europe’s four subregions. Northern…

Mixed results for MEA hotels: STR Global

Mark Elliott Jun 25, 2015

The recent report by STR Global reported mixed results for the Middle East and Africa region. The region reported a three percent increase in occupancy to 65.1%, a 5.7% drop in…

Euro hotel pipeline contracts in May

Aaron Greenwood Jun 17, 2015

There are 820 hotels totalling 133,251 rooms Under Contract in Europe, according to the May 2015 STR Global Construction Pipeline Report. This represents a 10.7-percent decrease in…

London hotel market slides despite UK tourism boom

Aaron Greenwood Jun 16, 2015

London’s hotel market suffered declines across key performance data sets in May, according to preliminary data released by STR Global. The development comes despite record tourism…

STR Global forms Kyoto hotel data partnership

Mark Elliott Jun 3, 2015

STR Global, the global hotel data provider, has partnered with the Kyoto Convention & Visitors Bureau (KCVB) to share its information with hotels in the Japanese city. The new…

Euro hotel sector posts mixed results in April

Gemma Greenwood May 31, 2015

The European hotel industry posted mixed results year-on-year in April, according to data compiled by STR Global. All four of Europe’s sub-regions reported positive year-on-year…

MEA occupancy, ADR and RevPAR all drop

Mark Elliott May 31, 2015

The Middle East/Africa region reported negative year-over-year results in the three major performance metrics during April 2015 when reported in U.S. dollars, according to data compiled by…

Japan, Thailand hotels soar, but Malaysia and Myanmar struggle

Mark Elliott May 29, 2015

Hotels in the Asia Pacific region experienced declining rates and revPAR in April 2015. According to the latest monthly data from STR Global, the region's average daily rate (ADR)…

Euro hotel pipeline contracts in April

Gemma Greenwood May 14, 2015

Europe’s new hotel pipeline suffered a 6.4% decline in rooms under contract in April, equating to 857 hotels totalling 138,152 rooms, according to STR Global. It also equated to a…

European hoteliers report mixed results in March

Aaron Greenwood Apr 29, 2015

The European hotel industry posted mixed results year-on-year in March, according to data compiled by STR Global. Amongst Europe’s sub-regions, Northern Europe saw double-digit…

Hotel industry revenue rose dramatically in 2014: STR Global

Gemma Greenwood Apr 28, 2015

Hotel industry revenue levels topped an estimated US$176 billion in 2014, which is nearly US$14 billion more than 2013, according to STR Analytics’ 2015 Hotel Operating Statistics (HOST)…

Dubai’s hospitality performance showcase mixed reviews: STR Global

Mark Elliott Apr 21, 2015

The month of March as reported by STR Global for Dubai indicates strong supply growth. Based on daily data, the emirate Dubai reported an increase in supply with 6.9% and a decrease…

UK dominates European hotel pipeline in March: STR Global

Aaron Greenwood Apr 15, 2015

The UK continues to dominate the European hotel pipeline, with 11,542 rooms in 80 hotels currently under construction, according to the March STR Global Construction Pipeline Report…

China accounts for half of Asian hotel development

Mark Elliott Apr 15, 2015

Approximately half of all new hotel projects currently under construction in the Asia Pacific region are located in China, a new reported has revealed. According to STR Global's…

UK props up European hotel sector in February

Aaron Greenwood Mar 26, 2015

The European hotel industry posted mixed results in February, despite stellar growth in the UK, according to data compiled by STR Global. Northern Europe continues to “dominate the…

Dubai’s hospitality performance dips

Mark Elliott Mar 15, 2015

The recent STR Global’s preliminary February 2015 data for Dubai indicated a low RevPAR performance. As per the report, there was an increase in supply with 6.1% and demand with 4.1%.…

Shanghai, Jakarta lead hotel construction boom

Mark Elliott Mar 13, 2015

Shanghai and Jakarta have more new hotel rooms under construction than any other city in the Asia Pacific region, a new report has revealed. In its latest Construction Pipeline Report…

Cricket World Cup boosts Sydney hotels

Mark Elliott Mar 12, 2015

The start of the Cricket World Cup led to Sydney's hotels posting record operating figures in February 2015. According to the latest preliminary data from STR Global, the city's…

Egypt presents significant hospitality opportunities: AHIC

Mark Elliott Mar 3, 2015

Cairo recently welcomed a delegation from AHIC, as part of the regional briefing series being hosted in several countries across the region. The briefing was held to discuss current…

MEA regions posts positive occupancy growth: STR Global

Mark Elliott Mar 1, 2015

The New Year has turned out positive for the Middle East/Africa region. As per recent reports from STR Global, the region reported a positive year-over-year performance in two of the…

UK hotel industry boasts strongest Jan in six years

Mark Elliott Feb 26, 2015

The United Kingdom has had an incredible start to 2015, achieving the strongest performance for the month of January in six years. It boasted the highest actuals in all three key…

UAE welcomes ATM roadshow

Mark Elliott Feb 25, 2015

The Arabian Travel Market’s 2015 roadshow series will be held in Dubai today. This event is part of an eight-city roadshow. As per statistics, the number of confirmed UAE exhibitors…

Dubai hospitality revenues dip

Mark Elliott Feb 15, 2015

Dubai’s hospitality industry witnessed a decline for January 2015. As per STR Global’s preliminary data Dubai displayed a negative revenue-per-available-room performance. There was…

Hotel revenues boosted by personalized communication: SweetBeam

Mark Elliott Feb 3, 2015

Middle East hotels have seen positive yet limited growth in occupancy numbers during 2014, according to STR Global. The hospitality market experienced a 2.9% increase in occupancy…

Thai hotel sector starts to rebound

Mark Elliott Jan 28, 2015

Hotels in Thailand are starting to see the green shoots of recovery, following a dismal first half of 2014. According to the full-year data from STR Global, the recovery began late in…

European hotel demand continues growth

Mark Elliott Jan 27, 2015

Demand for European hotels in 2014 was one of the highest in the last 10 years for a year period, new STR Global statistics have found. In 2014 Europe reach 1.1 million room nights…

Asia Pacific revPAR falls 2.5% in 2014

Mark Elliott Jan 27, 2015

Hotels in the Asia Pacific region experienced a 2.5% decline in revPAR (revenue per available room) in 2014. According to the full-year data from STR Global, which was released today, the…

Dubai hotels get a breather in December: STR Global

Mark Elliott Jan 14, 2015

The month of December 2014 was a sigh of relief for Dubai hotels who reported a positive revenue-per-available-room performance. The region witnessed an increase in supply with 6.9%…

Hotel revPAR continues to decline in Asia

Mark Elliott Dec 24, 2014

Hotels in the Asia Pacific region experienced another month of falling revPAR (revenue per available room) in November 2014. According to the latest data from STR Global, the region's…

G20 provides boost for Brisbane hotels

Mark Elliott Nov 26, 2014

Hotels in Brisbane saw a surge in occupancy during the recently G20 Summit. According to data from STR Global, the Australian city achieved occupancy levels of 93.5% during the summit,…

Mixed MEA hospitality results for October: STR Global

Mark Elliott Nov 25, 2014

The Middle East and Africa region reported mixed reviews for October 2014 as per recent results from STR Global. The region witnessed a 7.2% increase in occupancy to 67.6% while…

Asian hotel revPAR falls in October

Mark Elliott Nov 24, 2014

Hotels in the Asia Pacific region experienced falling revPAR (revenue per available room) in October 2014, as occupancy and room rates both declined. According to the latest data from STR…

Hajj, Eid Al Adha impact ME hotels

Mark Elliott Nov 20, 2014

The recent analysis of the performance of Middle East hotels across the Hajj and Eid Al Adha period showed an impact, according to STR Global. At the start of Hajj, Makkah was able to…

Dubai witnesses a dip in hotel performance: STR Global

Mark Elliott Nov 13, 2014

The recent statistics from STR Global for the month of October state that Dubai witnessed a dip in its hotel performance. The emirate witnessed negative results for…

Singapore hotels decline in October

Mark Elliott Nov 12, 2014

Hotels in Singapore experienced declining rates and occupancy in October 2014. According to the latest preliminary data from STR Global, the city's average occupancy last month fell…

Asian hotel occupancy climbs again

Mark Elliott Oct 23, 2014

Occupancy levels at hotels in Asia Pacific climbed for a third consecutive month in September 2014. According to the latest data from STR Global, the region experienced a 0.9%…

September hotel development pipeline: STR Global

Mark Elliott Oct 19, 2014

The recent report on the Middle East and Africa hotel region reported 637 hotels under contract totalling 151,205 rooms. This report was presented by STR Global in its Construction…

Singapore F1 assures high hotel rates

Mark Elliott Oct 11, 2014

Hotel rates in Singapore surged in September, as the Formula One night race rolled into town once again. According to the latest data from STR Global, the city's average daily rate…

MEA region witnesses 14.8% increase

Mark Elliott Sep 25, 2014

The Middle East and Africa region recently reported mixed performance for August 2014 according to STR Global. In August, the region reported a 14.8% increase in occupancy to 64.3%, a…

Asian hotels start to rebound in August

Mark Elliott Sep 24, 2014

The hotel industry in Asia Pacific started to see a slight rebound in August 2014, following several months of declining occupancy. According to the latest data from STR Global, the…

Singapore hotel occupancy climbs to 89%

Mark Elliott Sep 12, 2014

Demand for hotel rooms in Singapore remains extremely high, with the city registering average occupancy of 89.2% in August. This result marked a 2.6% rise compared with the same month…

MEA occupancies on a growth path

Mark Elliott Aug 26, 2014

The Middle East and Africa region reported positive performance during July 2014 as per a recent report compiled by STR Global. The region reported a 0.9% increase in occupancy to 49.3%,…

Dubai occupancy dips

Mark Elliott Aug 13, 2014

The recent STR Global’s preliminary statistics for July on Dubai indicate negative revenue-per-available-room performance. Based on daily data from July, Dubai reported increases in…

MEA region posts positive performance: STR Global

Mark Elliott Jul 24, 2014

The Middle East/Africa region reported positive performance year-to-date for June 2014, according to data compiled by STR Global. The region reported a one percent increase in occupancy…

Asian revPAR falls in first half of 2014

Mark Elliott Jul 23, 2014

Hotels in the Asia Pacific region experienced a 2.3% drop in revPAR (revenue per available room) in the first half of 2014. According to the latest data from STR Global, the region's…

Sydney revPAR continues to rise

Mark Elliott Jul 17, 2014

Sydney's hotel sector continued to perform strongly in June, with rising rates, occupancy and revPAR. According to the latest monthly data from STR Global, rising demand (+5.0%) for…

Singapore hotel occupancy remains over 80%

Mark Elliott Jul 14, 2014

Singapore's hotel sector continued to perform strongly in June 2014. According to the latest data from STR Global, Singapore recorded citywide occupancy of 82.5% last month. This…

Dubai hotel occupancy down 5.5% in June

Mark Elliott Jul 14, 2014

Hotel occupancy in Dubai declined in June for the second consecutive month as demand slows down in the summer heat and new supply enters the market. According to preliminary data by…

MEA hotels post positive performance for May 2014: STR

Mark Elliott Jun 23, 2014

The recent STR Global hotel performance report for May 2014 for the Middle East and Africa region reported positive results. The region reported a 1.9% increase in occupancy to 63.5%, a…

Asian hotels rebound in May

Mark Elliott Jun 22, 2014

Following several months of declining revPAR, the Asia Pacific hotel sector experienced a slight rebound in May 2014. According to the latest data from STR Global, the region's revPAR…

Luxury hotel developments on high in MEA

Mark Elliott Jun 16, 2014

The recent STR Global construction pipeline report for May 2014 stated that Middle East/Africa hotel region reported 589 hotels Under Contract totalling to 137,784 rooms. The under…

Dubai records positive May hotel performance

Mark Elliott Jun 11, 2014

The recent announced STR Global’s preliminary May data for Dubai indicate positive revenue-per-available-room performance. As per the report, Dubai witnessed an increase in supply by…

MEA hotels reports positive growth: STR Global

Mark Elliott May 26, 2014

The last month of April has worked out positively for most Middle East and Africa hotels. As per recent reports from STR Global, the Middle East/Africa region reported a two percent…

Indian decline hits Asian hotel industry

Mark Elliott May 25, 2014

Cities in the Asian region experienced a general slowdown in terms of hotel performance levels in April 2014, driven by a decline in India. According to the latest data from STR Global,…

Serviced apartment data to expand

Mark Elliott May 16, 2014

Data collection on the serviced apartment sector will be improved following a new partnership between STR Global and the Association of Serviced Apartment Providers (ASAP). STR Global…

Protests hit Bangkok hotels in Q1

Mark Elliott May 13, 2014

Hotels in Bangkok saw a significant decline in performance during the first quarter of 2014, as protests continue to hit the city's tourism industry. According to the latest data from…

UK driving European hotel performance

Mark Elliott Apr 28, 2014

Hotels in the UK are driving forward growth in performance during this year’s first quarter compared to last year. New statistics from STR Global has found the UK has the fullest…

Asian hotel rates fall in Q1

Mark Elliott Apr 28, 2014

Hotel rates in the Asia Pacific region declined in the first quarter of the year. Following a 4.1% drop in 2013, the region's average daily rate (ADR) continued to sink in the first…

MEA hotels report mixed performance: STR Global

Mark Elliott Apr 27, 2014

Recent reports from STR Global report that the Middle East and Africa region reported a 0.7% decrease in occupancy to 66.9%, a 2.1% increase in average daily rate to US$178.18 and a 1.4%…

Asian countries face hotel boom

Mark Elliott Apr 16, 2014

Several fast-emerging Asian countries are in the midst of a hotel development boom. According to the latest regional pipeline report from STR Global, countries including Bangladesh,…

Positive performance from Middle East hotels

Mark Elliott Mar 25, 2014

The Middle East/Africa region reported positive performance results for February 2014 as per a recent report by STR Global. The region reported a 1.3% increase in occupancy to 67.4%, a…

Asian hotel rates keep sliding

Mark Elliott Mar 24, 2014

Hotel room rates in hotels in Asia Pacific have continued to slide in 2014. According to the latest data from STR Global, the region's hotels experienced a 3.5% decline in average daily…

MEA hotel update: STR Global

Mark Elliott Mar 17, 2014

The recent STR Global – MEA Pipeline for the month of February stated that Middle East/Africa hotel development pipeline comprises 504 hotels totalling 122,631 rooms. The total active…

Singapore hotels see double-digit growth in February

Mark Elliott Mar 16, 2014

Hotels in Singapore got a major boost in February 2014, with strong demand leading to double-digit revPAR (revenue per available room) growth. According to the preliminary monthly…

Saudi Arabia poised for steady tourism growth: AHIC experts

Mark Elliott Mar 4, 2014

The Kingdom of Saudi Arabia will see a steady growth in its travel and tourism industry with almost SAR 33.5 billion to be invested in the sector until 2020. These key statistics were…

Middle East occupancies rise; Africa still struggling

Mark Elliott Feb 25, 2014

The Middle East and Africa region witness a positive performance in terms of hotel occupancies, according to STR Global. The region reported a 3.3% increase in occupancy to 62.0%, a…

Asian hotel slide continues in 2014

Mark Elliott Feb 24, 2014

The decline in performance of hotels in the Asia Pacific region has continued in 2014. The region experienced a 4.1% drop in revPAR (revenue per available room) in 2013, as falling…

Sydney hotel boom continues in 2014

Mark Elliott Feb 17, 2014

Sydney's hotel performance has continued to improve in 2014. Releasing the city's results for January, STR Global revealed that demand (+6.9%) continued to outpace supply (+2.1%).…

Hotel developments lead the way for Middle East

Mark Elliott Feb 16, 2014

The January 2014 STR Global Construction Pipeline report stated that for Middle East/Africa hotel development pipeline comprises 525 hotels totalling 127,840 rooms. Among the chain…

Asian hotel rates fall in 2013

Mark Elliott Jan 30, 2014

Average hotel room rates in the Asia Pacific region fell in 2013, as over-supply issues impacted several key markets. According to the full-year data from STR Global, Asia Pacific's…

Dubai continues to top rooms under construction: STR Global

Mark Elliott Jan 19, 2014

The recent STR Global Construction Pipeline report for December 2013 states that Middle East/Africa hotel development pipeline comprises 498 hotels totalling 120,119 rooms. The total…

MEA region witness 1.7% dip in occupancy

Mark Elliott Dec 24, 2013

Recent reports compiled by STR Global for the Middle East and Africa region reported mixed performance results during November 2013. The region reported a 1.7% decrease in occupancy to…

European hotel demand outpaces North America

Mark Elliott Dec 23, 2013

Demand growth for hotels in Europe has surpassed the rise in North America for two months in a row. According to new data from STR Global, Europe has seen 3.2% growth in a 12-month…

Asian revPAR continues to fall

Mark Elliott Dec 23, 2013

Hotels in the Asia Pacific region continued to experience declining revPAR (revenue per available room) in November 2013. According to the latest data from STR Global, the region's…

Record month for Sydney hotels

Mark Elliott Dec 18, 2013

Sydney's hotels experience record revPAR (revenue per available room) in November 2013. According to the latest data from STR Global, the city's revPAR jumped 8.7% last month to…

Singapore revPAR dips in November

Mark Elliott Dec 16, 2013

Singapore's hotels suffered a slight downturn in performance in November 2013. According to the latest data from STR Global, the country's hotels experienced a 2.2% drop in revPAR…

Southeast Asia continues to buck regional hotel trends

Mark Elliott Dec 1, 2013

The performance of hotels in the Southeast Asia region continued to improve in October 2013, bucking the downward trend seen in other parts of the Asia Pacific. According to the…

Tokyo hotels can expect Olympic boost – report

Mark Elliott Nov 6, 2013

Tokyo's hotels can expect an increase in revPAR (revenue per available room) in the years leading up to the 2020 Olympics, a new report has revealed. The 'Tokyo 2020: The Olympic…

Occupancy dips for MEA region: STR Global

Mark Elliott Oct 27, 2013

The recent STR Global report for September 2013 on the Middle East and Africa region stated that the region reported a 4.2% decrease to 58.1% in occupancy. There was a seven percent…

New Asian hotel supply hits room rates

Mark Elliott Oct 24, 2013

Hotel rates in the Asia Pacific continued to slide in September 2013, as the region faced an influx of new room supply and slowing demand. According to the latest data from STR…

Mixed hospitality performance for August: STR Global

Mark Elliott Sep 25, 2013

Recent statistics from STR Global on the Middle East and Africa region reported mixed performance for August 2013. The region reported a 3.7% increase in occupancy to 56.1%, a…

Asian hotel rate slide continues – updated

Mark Elliott Sep 24, 2013

Hotel rates in Asia have continued to decline, as China and India continue to impact the regional results. According to the latest data from STR Global, the Asia Pacific region…

Positive start for UK hotels in 2013

Mark Elliott Aug 28, 2013

Hotels in the UK have had a positive start in demand for the year so far although rates have dipped. According to analysts STR Global, occupancy in UK hotels in January to July 2013…

MEA region witness dip in occupancy: STR Global

Mark Elliott Aug 25, 2013

The recent occupancy report by STR Global stated that the Middle East and Africa region reported mixed performance results for July 2013. The region reported a 13.5% decrease in occupancy to…

Asian revPAR drops 5% in July

Mark Elliott Aug 25, 2013

Asia's hotel industry suffered a 5.0% drop in revPAR (revenue per available room) in July 2013, as rates fell across the region. According to the latest data from STR Global, the…

Oman, Saudi Arabia show boost in hotel developments

Mark Elliott Aug 18, 2013

The recent Construction Pipeline report for July 2013 by STR Global states that Middle East/Africa hotel development comprises 485 hotels totalling 118,535 rooms. The total active…

Asia Pacific revPAR falls in first half

Mark Elliott Jul 30, 2013

Hotels in the Asia Pacific region experienced a downturn revPAR (revenue per available room) in the first half of 2013. According to the latest data from STR Global, both occupancy…

Northern Ireland

Occupancy up for UK hotels

Mark Elliott Jul 26, 2013

Hotels in the UK have seen a 4.6% increase in occupancy for the month of June, according to new statistics. The latest figures from analysts STR Global has seen occupancy at 81.4%…

MEA region hospitality industry gains momentum in June 2013: STR Global

Mark Elliott Jul 25, 2013

The Middle East and Africa region reported a 5.9% increase in occupancy to 61.8%, a 4.0% increase in average daily rate to US$141.21 and a 10.1% increase in revenue per available room to…

Dubai leads in hotel construction: STR Global

Mark Elliott Jul 17, 2013

The June 2013 report by STR Global stated that the Middle East/Africa hotel development pipeline comprises 491 hotels totaling 120,795 rooms. Among the region's key markets, Dubai…

Turkey tourism “at a crossroads”?

Mark Elliott Jun 24, 2013

Hotels in Turkey have seen a dip in demand due to protests in the country, according to a data analyst company. STR Global’s managing director Elizabeth Winkle said the country is at…

Morocco leads MEA hotel demand growth rate

Mark Elliott Jun 24, 2013

Morocco is leading the region in terms of hotel room demand, according to the latest statistics from STR Global. Elizabeth Winkle, managing director of STR Global, said the country “is…

Southeast Asian hotel rates continue to surge

Mark Elliott Jun 24, 2013

Room rates at hotels in Southeast Asia continued to climb in May 2013, offsetting declines in other parts of the Asia Pacific region. According to the latest data from STR Global,…

Upscale hotels drive Asian development

Mark Elliott Jun 21, 2013

The upscale sector is driving the development of new hotels in Asia Pacific, according to the latest data from STR Global. The company’s pipeline report for May 2013 found that there…

Asian hotel dip continues

May 23, 2013 1

Hotels in the Asia Pacific region continued to see slight dips in terms of rates and occupancy in April 2013. According to the latest data from STR Global, the region's occupancy…

Manila sees hotel development surge

May 16, 2013 20

Manila has seen the strongest increase in new hotel development of any city in the Asia Pacific region in the past 12 months. According to the latest regional hotel pipeline report…

MEA region witnesses 6.4% increase in occupancies

Mark Elliott Mar 31, 2013 1

The recent hospitality report for the Middle East/Africa region by STR Global revealed a positive performance results for February 2013. The region reported a 6.4% increase in occupancy to…

Asian hotel rates take a dive

Mar 28, 2013 17

Hotels in the Asia Pacific region have seen a dramatic decline in room rates in 2013. According to the latest data from STR Global, provided exclusively to Travel Daily, average daily…

Nearly 8,000 rooms in Riyadh’s hotel pipeline

Mar 18, 2013 15

Riyadh has nearly 8000 rooms in its hotel pipeline, according to figures released by STR Global. The Saudi capital has the largest expected hotel room supply growth at 103.2%, with 7,990…

MEA hotel occupancies increase 8.2%: STR Global

Mark Elliott Feb 27, 2013 15

Hotel occupancies in the Middle East and Africa region have been on an upward trend which is evident from the recent STR Global performance results for January 2013. As per the report,…

Chinese New Year boosts Asian hotel occupancy

Feb 26, 2013 8

Hotel occupancy in the Asia Pacific region rose sharply in January 2013, as demand rose due to Chinese New Year. According to the latest data from STR Global, the region's hotels were…

Thailand hotel sector surges in 2012

Feb 15, 2013 17

Thailand’s hotel sector experienced a surge in performance in 2012, as record tourist arrivals helped the country recover from the floods of 2011. According to the latest data from…

Asian hotel occupancy and rates decline

Nov 22, 2012 12

Hotels in the Asia Pacific region saw slight declines in terms of both occupancy and average rates in October 2012, as the injection of new supply into emerging markets diluted performance.…

Occupancy rises, dip in ADR and RevPAR for MEA region

Mark Elliott Oct 29, 2012 18

According to the latest STR Global report for September 2012, the Middle East/Africa region reported mixed performance. The region's occupancy increased 5.4% to 60.7% during the month,…

Asian hotel occupancy falls

Oct 24, 2012 15

Hotel occupancy in the Asia Pacific region declined in September 2012 - the third such year-on-year drop in as many months. According to the latest data from STR Global, the region’s…

Hong Kong hotels surge

Oct 2, 2012 16

Hong Kong’s hotel sector continues to surge, with revenue per available room (revPAR) growing 8.7% in the first eight months of the year. According to the latest city report from STR…

Asian hotel sector stagnates

Sep 24, 2012 16

The hotel sector in Asia Pacific remained flat in August, with a small rise in average rates offsetting a marginal drop in occupancy levels. According to the latest data from STR Global,…

Saudi Arabia posts largest room growth: STR Global

Mark Elliott Sep 23, 2012 21

As per the August 2012 STR Global Construction Pipeline Report for Middle East/Africa, Saudi Arabia reported the largest expected room growth with +8.45%, if all 6,413 rooms in the country's…

Airlines and Aviation

Asian air traffic growth stagnates

Sep 2, 2012 0

Air traffic in the Asia Pacific region has stagnated, expanding less than 1% in July 2012. According to the latest data from IATA, the annualised growth rate of 0.9% represents a major…

Asian hotel market slows

Aug 23, 2012 8

The hotel market in Asia Pacific showed signs of slowing in July, as revenue per available room (revPAR) declined for the first time since October 2009. According to the latest monthly data…

Japan visitor numbers back to pre-disaster levels

Jul 29, 2012 17

The number of visitors to Japan has rebounded to a level higher than before the 11 March 2011 earthquake and tsunami. According to data from the Japan National Tourism Organization (JNTO),…

MENA region occupancy increase: STR Global

Mark Elliott Jul 25, 2012 14

The recent data released by STR Global revealed that the Middle East/Africa region reported mostly positive performance results in June 2012. The region's occupancy increased 8.7% to 58.2%…

Asian hotels continue upward trend

Jul 25, 2012 15

Asia's hotels recorded rising occupancy and room rates in June 2012, and for the first six months of 2012. According to the latest data from STR Global, the Asia Pacific region's average…

Strong rates boost Maldives

Jul 15, 2012 15

Strong growth in hotel rates in the Maldives has offset a drop in occupancy in the first five months of 2012. According to the latest data from STR Global, occupancy levels in the Maldives…

Cairo, Muscat lead Middle East occupancy growth: STR

Mark Elliott Jun 26, 2012 15

According to data compiled by STR Global, hotels the Middle East and Africa witnessed for May 2012, the region's occupancy jumped 13.3% to 60.4%, its ADR fell 1.6% to US$146.32 and its…

Asian hotel rates cool

Jun 26, 2012 0

The rise of hotel room rates in the Asia Pacific region saw a marked slowdown in May 2012. According to the latest data from STR Global, the region's average occupancy level increased 2.3%…

Nearly 150 hotels open in Asia

Jun 21, 2012 1

The Asia Pacific region has seen the opening of 149 new hotels this year. According to STR Global's latest Asia Pacific Construction Pipeline report, the openings in the first five months…

Hotel rates in Pearl River Delta continue to rise

Jun 2, 2012 16

Hotel rates in four key cities in the Pearl River Delta region continued their upward trajectory in April 2012. According to the latest data from STR Global, provided exclusively to Travel…

Asian hotel revPAR continues to climb

May 23, 2012 1

Hotels in the Asia Pacific region continued to see strong growth in April 2012. According to the latest data from STR Global, the region's average hotel occupancy climbed 3.8% year-on-year…

Saudi Arabian markets lead GCC’s RevPAR growth in Q1: STR Global

Mark Elliott Apr 29, 2012 0

During the first quarter of 2012, the major markets across the Gulf Cooperation Council (GCC) reported mixed results in revenue per available room (RevPAR) following mostly positive…

Asian hotel revPAR continues to rise

Mar 27, 2012 15

Hotels in the Asia Pacific region experienced rising rates and occupancy in February 2012. According to the latest data from STR Global, the region’s occupancy increased 3.6% year-on-year…

Asian hotel revPAR to rise in 2012

Mar 15, 2012 16

Hotels in the Asia Pacific region will continue to see rising revenue per available room (revPAR) in 2012, according to the latest forecast from STR Global. Focusing on four key regional…