2013

June

Benelux hotel market stabilizing | Horwath HTL HOSTA 2013 Report
The hotel industry in the Benelux is showing stable figures, even as the economy continues to struggle. The new HOSTA 2013 report from Horwath HTL shows that the occupancies have remained stable in 2012, although the average room rates decreased slightly.

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Hotel CEO's: Slow Recovery Will Prolong Lodging Seller's Market | businesstravelnews.com
Hotel company chief executives speaking here on Monday at New York University's International Hospitality Investment Conference said they see little threat to the hotel seller's market enduring for the foreseeable future, despite a particularly gloomy economic prognosis shared by one prominent real estate mogul. \"We're in a very healthy part of the cycle,\" said Hilton Worldwide president and CEO Christopher Nassetta. \"We'd all like to see demand growing even faster in the economy, if Washington would let loose a little bit, but the reality is the economy is growing positively, demand as a result is growing nicely and supply is rising but at the lowest levels we've seen in decades.\"

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US Lodging Sector Recovery Continues Cautiously, Says PwC US
Reflecting strong performance during the first quarter and positive momentum in travel activity, offset by impacts from near-term fiscal challenges, an updated lodging forecast released today by PwC USanticipates revenue per available room (\"RevPAR\") recovery in 2013 to stay on course, consistent with PwC's expectations at the start of the year. Recent lodging performance has been favorable, with occupancy levels at higher-priced hotels ahead of prior peak levels, real RevPAR that is above its long-term average, and slow supply growth. This positive trajectory is expected to continue, resulting in RevPAR growth of 5.9 percent in 2013. PwC expects slightly stronger RevPAR growth of 6.2 percent in 2014, driven by strengthening economic growth and solid room rate gains in the context of below-average lodging supply growth.

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Leisure Reservations Surged Ahead in April as North American Corporate Bookings Struggled to Maintain Global Pace
Pegasus Solutions has issued data specific to North American hotel performance concurrent with the 35thAnnual NYU International Hospitality Industry Investment Conference. The single largest processor of electronic hotel transactions is reporting that the region's corporate bookings struggled to maintain the record global pace of +8.8% with a more modest +5.0% increase over April 2012. However, North America's leisure market surged ahead by an impressive +7.0%, surpassing the global rate of +6.2%.

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Deloitte - French Hotel Industry Performances (April 2013) - Sluggish performance of the French hotel industry
Directly dependent on the economic context, the hotel industry saw a further drop in rooms revenue in April. Even Paris and the Cote d'Azur who have up till now managed to resist experienced a decline in revenues. Occupancy continues to suffer as a result of the gloomy economic environment, but more worryingly, average rates are now starting to fall, which does not herald good news for the industry.

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May

U.S. Hotel Guests Spend More to Rent Rooms, But Not on Much Else | PKF Reports
Now that the national hotel occupancy rate is approaching its long run averages and scarcity has returned in certain markets and property types, guests have to pay more to rent rooms. However, after the guests have checked in, managers are struggling to get them to spend more on the additional services and amenities offered by hotels. This finding comes from the recently released 2013 edition of Trends in the Hotel Industry, the annual compendium of hotel operating statistics prepared by PKF Hospitality Research, LLC (PKF-HR) that dates back to 1937.

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Deloitte - French Hotel Industry Performances (March 2013) | The red light is back on...
February's timid upswing was short lived, as rooms revenue fell in March both in Paris and throughout France. The shift in the school holiday period had inflated performances in business destinations in February, temporarily erasing the difficult economic context. In March, the decline was even steeper, with regional France in particular feeling the pinch. The Luxury segment less dependent on the national market was the only category to extricate itself.

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HotStats MENA Chain Hotels Market Review March 2013
Hotels in Abu Dhabi and Dubai capitalised on a surge in GCC demand in March driven by the spring break for schools in the region, which was complemented by an array of cultural, sports and other events, according to the latest HotStats survey of full service four and five star hotels by TRI Hospitality Consulting.

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April

HotStats European Chain Hotels Market Review March 2013
In the first three months to March 2013 the biggest GOPPAR declines were experienced in Istanbul (-26.9%) and Vienna (-22.0%), whilst Amsterdam market GOPPAR performance remained flat. First quarter GOPPAR decline was also experienced in Brussels (-6.5%), Frankfurt (-0.7%), London (-7.2%), Paris (-3%) and Stockholm (-4.6%).

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HotStats UK Chain Hotels Market Review March 2013
The London hotel market experienced a gross operating profit decline of 7.3 per cent in the first quarter of 2013, according to the latest HotStats survey. In the first three months of 2013, RevPAR (Revenue per Available Room) and TRevPAR (Total Revenue per Available Room) performance declined by 3.4% and 2.5%, respectively, when compared to 2012 performance.

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US results week ending 30 March 2013 - STR
The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 24-30 March 2013, according to data from STR. In year-over-year comparisons, occupancy was down 3.9 percent to 62.0 percent, average daily rate rose 3.2 percent to US$109.63 and revenue per available room decreased 0.8 percent to US$67.93.

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March

US results week ending 23 March 2013 | STR
The U.S. hotel industry reported increases in the three key performance metrics during the week of 17-23 March 2013, according to data from STR. In year-over-year comparisons, occupancy was up 4.4 percent to 66.4 percent, average daily rate rose 5.4 percent to US$112.42 and revenue per available room increased 10.1 percent to US$74.61.

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Currency Exchange Rates Have Differential Impacts On U.S. Lodging Demand | PKF Reports
Consistent with conventional wisdom, currency exchange rates do influence the performance of U.S. hotels, but the magnitude of the impact varies significantly depending on the location of a hotel and the chain-scale in which the hotel competes. These are the findings of an analysis recently completed by PKF Hospitality Research, LLC (PKF-HR) and presented in a whitepaper entitled Measuring the Influence of Currency Exchange Rates on United States Lodging Demand.

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HotStats European Chain Hotels Market Review February 2013
Of the ten European city markets surveyed, Dublin, Paris and Moscow registered GOPPAR (Gross Operating Profit per Available Room) growth for the month of February according to the latest HotStats survey by TRI Hospitality Consulting.

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US hotel performance for February 2013 | STR
Overall, the U.S. hotel industry's occupancy rose 2.0 percent to 58.5 percent, its average daily rate was up 4.4 percent to US$107.72 and its revenue per available room increased 6.4 percent to US$63.04. \"After posting a nearly 9-percent RevPAR increase in January, February growth is back to similar levels we saw in 2012,\" said Brad Garner, STR's COO. \"ADR growth is the primary driver for RevPAR performance across all segments. Additionally, low supply growth and modest demand continue to help occupancy rates.\"

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US results week ending 16 March 2013 - STR
The U.S. hotel industry reported increases in the three key performance metrics during the week of 10-16 March 2013, according to data from STR. In year-over-year comparisons, occupancy was up 1.4 percent to 66.6 percent, average daily rate rose 4.5 percent to US$112.05 and revenue per available room increased 5.9 percent to US$74.66.

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The Greater China Update - 1st Quarter 2013 | HVS
Hong Kong visitor arrivals were driven by mainland Chinese visitors, while greater China faces a headwind. Hong Kong received more than 48 million visitors in the year 2012, including over 13 million visitors in quarter four alone, reflecting a 15.1% year-on-year (YOY) growth for the quarter. This was mainly driven by a record 9.58 million visitor arrivals from mainland China, reflecting a 24.2% YOY increase. The significant growth is attributable to the National Day Golden Week in October, increased traffic from Shenzhen and a favourable exchange rate for the Renminbi.

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Select Service Hotels - Select Your Profits | By Robert Mandelbaum
The definition of \"select-service\" within the lodging industry may vary from person to person, but there is no doubt that properties in this segment are the most popular among developers. Using the broadest definition of select-service, this category comprised an estimated 85 percent of the total projects in the development pipeline according to the October 2012 U.S. Hotel Pipeline Outlook report from Smith Travel Research.

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Deloitte - French Hotel Industry Performances (January 2013)
The year 2013 started badly for the French hotel industry. With the exception of a few destinations currently benefitting from locally-held events, the majority of French cities recorded results inferior to last year's. Declining occupancy had a harmful effect on rooms revenue in Paris and on the Cote d'Azur, too.

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U.S. Lodging Growth Continues Despite Federal Economic Malaise
Despite news of \"fiscal cliffs\" and \"sequesters\" coming out of Washington D.C., the U.S. lodging industry is forecast to continue to achieve strong gains in both revenue and profits in 2013. According to the recently released March 2013 edition of Hotel Horizons, PKF Hospitality Research, LLC (PKF-HR), is projecting that U.S. hotels will enjoy a 6.1 percent increase in revenue per available room (RevPAR)for the year, along with a 10.2 percent boost on the bottom-line net operating income.

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The TravelClick Perspective - February 2013
The hotel industry outlook for the top 25 North America markets is showing an increase of 2.1% in committed occupancy for February 2013 - January 2014 based on group commitments and individual reservations on the books as of February 3, 2013 compared to the same time last year. The group segment shows an increase of 1.8% room nights committed. New group business added over the last month (pace) has slowed considerably over the last month, and is down -4.2% over the comparable period last year. Transient room nights booked is slightly up 2.8% compared to the same time last year. Although the demand outlook has softened slightly, average daily rate (ADR) is still showing relatively strong gains, up 3.4% based on reservations currently on the books for 2013.

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The Global Hotel Industry: Big, Beautiful and Branded? Part One
This short article considers the relative impact of the hotel groups versus independents within a global context and analyses the extent to which the hotel groups have penetrated various hotel markets with regard to their relative market share. The article outlines some initial thoughts that have emerged in the first year of an exciting and comprehensive global research project, The Global Hotel Group and Brand Analyses.

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US results week ending 23 February 2013 | STR
The U.S. hotel industry reported increases in the three key performance metrics during the week of 17-23 February 2013, according to data from STR. In year-over-year comparisons, occupancy was up 1.3 percent to 61.7 percent, average daily rate rose 3.4 percent to US$107.40 and revenue per available room increased 4.7 percent to US$66.30.

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February

HotStats European Chain Hotels Market Review January 2013
There were exceptions to the rule in 2013, with strong performance levels recorded in Amsterdam, Dublin and Frankfurt, but GOPPAR (Gross Operating Profit per Available Room) levels for European hotel markets polled in January were on average 70% below the rolling 12-month average, according to the latest HotStats survey by TRI Hospitality Consulting.

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HotStats UK Chain Hotels Market Review January 2013
Profit decline in January was amongst the greatest suffered by hotels in London since the market recovered out of its recessionary slump more than three years ago, according to the latest HotStats survey of approximately 625 full-service hotels across the UK by TRI Hospitality Consulting.

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Despite competitive hotel environment Prague witnesses a 6.3% growth in RevPAR in 2012
Despite a competitive hotel environment, hotels in Prague have witnessed a 6.3% growth in RevPAR in 2012 bolstered by a robust growth in inbound tourism. In 2013, we anticipate continued growth in trading performance due to a slowdown in supply growth and further interest in foreign tourists.

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UK: PKF Hotelquarter Q4- A season of mixed fortunes
The last quarter of 2012 was certainly unusual. Regional hotels saw record growth in all KPIs, but London could not match the previous year's performance. This was in spite of October being a champion month all round, with both the Regions and London outperforming against the previous October. It was December, an underperforming month for both markets, that witnessed a comparatively poor performance. October brought a boost to occupancy for both London (1.6%) and the Regions (0.4%), with the stand-out performers being London's deluxe hotels, rising by 3.7%. In the Regions, airport hotels soared highest for occupancy, with a 4.9% increase. By contrast, budget hotel demand seemed to slip, recording a -6.5% occupancy decrease. The overall market increase in occupancy for October, combined with the AARR growth, saw rooms yield rise for London (5.5%) and Regional hotels (2.0%).

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Gurgaon emerges as a RevPAR leader in India's luxury hotel segment
Gurgaon, New Delhi's flourishing satellite city, is today one of the country's most promising hospitality markets. Currently, Gurgaon's existing branded inventory stands at above 4,000 rooms, with a planned pipeline of over 4,500 rooms. Of these, over 50 percent are mid-scale and budget supply. Virtually all domestic and international hotel operators aspire for representation in Gurgaon, if they are not already present.

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US hotel performance for January 2013 | STR
The U.S. hotel industry reported increases in all three key performance metrics during January 2013, according to data from STR. Overall, the U.S. hotel industry's occupancy rose 3.6 percent to 51.0 percent, its average daily rate was up 5.1 percent to US$105.96 and its revenue per available room increased 8.8 percent to US$54.02.

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2013 Outlook for Hotel Business in Key Asian Markets - By Horwath HTL
Horwath's 2013 Outlook for Hotel Business in Key Asian Markets includes coverage of China, Singapore, Japan, India, Malaysia, Indonesia, Thailans, Sri Lanka, United Arab Emirates, Myanmar, Philipines and Vietnam. Horwath HTL is the the world's number one hospitality consulting firm and are the industry choice; a global firm offering complete solutions, in markets both local and international.

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Stability for Hotel Chains in Europe in 2012 | MKG Reports
Despite decline in demand, growth in average prices allowed hotel RevPAR in the European Union to remain stable in 2012 at 63.8 euros, with all hotel categories managing to remain positive, reveals Europe's largest hotel market monitoring database, HotelCompSet by MKG Hospitality.

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US results week ending 9 February 2013 | STR
The U.S. hotel industry reported increases in the three key performance metrics during the week of 3-9 February 2013, according to data from STR. In year-over-year comparisons, occupancy was up 0.4 percent to 56.0 percent, average daily rate rose 5.2 percent to US$107.27 and revenue per available room increased 5.6 percent to US$60.11.

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Thailand reports double-digit RevPAR and demand growth | STR Global
Thailand's revenue per available room (RevPAR) grew 15.4 percent in 2012 to THB2,232, according to STR Global, the leading provider of market information to the hotel industry. The returning demand levels (+13.3 percent) helped boost occupancy 10.0 percent to 69.2 percent and grew average daily rate (ADR) 4.9 percent to THB3,226.

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US results week ending 2 February 2013 | STR
The U.S. hotel industry reported increases in the three key performance metrics during the week of 27 January-2 February 2013, according to data from STR. In year-over-year comparisons, occupancy was up 3.6 percent to 53.5 percent, average daily rate rose 6.0 percent to US$106.64 and revenue per available room increased 9.8 percent to US$57.06.

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January

U.K. Hotels enjoy a respectable 2012 despite the economic malaise | PKF Reports
For 2012 as a whole, rooms yield in London reached 122.59, 3.5% higher than in the previous year. This was driven by a 4.8% increase in room rate from 143.37 to 150.23, which more than offset a 1.3% drop in occupancy from 82.6% to 81.6%. In the regions, rooms yield rose by 0.5% to 42.43 on the back of a 0.7% increase in room rate from 59.61 to 60.00 and a 0.2% reduction in occupancy from 70.8% to 70.7%.

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HotStats European Chain Hotels Market Review December2012
Hotels in Warsaw and Dublin topped the European profit growth charts in 2012, as demand in Warsaw was fuelled by the 2012 FIFA European Championships and hotels in Dublin matched the profit growth of the Polish capital as demand returned but supply remained static, according to the latest HotStats survey by TRI Hospitality Consulting.

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STR releases updated 2013, 2014 forecasts
The U.S. hotel industry expects to see performance increases during 2013 and 2014, according to the most recent forecast from STR, in partnership with Tourism Economics. Overall, in 2013 occupancy is expected to rise 0.8 percent to 61.9 percent, average daily rate is forecasted to increase 4.9 percent to US$111.27 and revenue per available room is expected to grow 5.7 percent to US$68.86.

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Americas hotel results for 2012 | STR
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for 2012, according to data compiled by STR and STR Global. In 2012, the Americas region reported a 2.4-percent increase in occupancy to 61.5 percent, a 3.8-percent gain in average daily rate to US$108.53 and a 6.3-percent jump in revenue per available room to US$66.77.

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Asia/Pacific hotel results for 2012 | STR Global
Hotels in the Asia/Pacific region experienced positive results in the three key performance metrics in 2012 when reported in U.S. dollars, according to data compiled by STR Global. In 2012, the Asia/Pacific region's occupancy ended the year virtually flat with a 0.5-percent increase to 68.3 percent, its average daily rate increased 0.9 percent to US$129.26 and its revenue per available room was up 1.4 percent to US$88.25.

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Europe hotel performance results for 12 | STR Global
\"European hotels during December reported the highest increase in occupancy for any month in 2012\", said Elizabeth Randall Winkle, managing director of STR Global. \"The 2.8-percent occupancy increase, compared with December 2011, is a nice reprieve from the recent monthly performances, which moved compared with the prior year between the -1.0 percent and +1.0 percent. 2012 was the year for ADR increases, ending with 4.7-percent increase to EUR104.24.

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Middle East/Africa hotel results for 2012 | STR Global
The Middle East/Africa region reported mostly mixed performance results in 2012 when reported in U.S. dollars, according to data compiled by STR Global. In 2012, the region reported a 6.1-percent increase in occupancy to 60.3 percent, a 0.5-percent decrease in average daily rate to US$161.64 and a 5.6-percent increase in revenue per available room to US$97.54.

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STR: US hotels report continued growth in 12
The U.S. hotel industry reported growth in all three key performance metrics in 2012, according to data from STR. Overall, the U.S. hotel industry's occupancy increased 2.5 percent to 61.4 percent, its average daily rate was up 4.2 percent to US$106.10 and its revenue per available room grew 6.8 percent to US$65.17.

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STR: US hotel performance for December
The U.S. hotel industry reported increases in all three key performance metrics during December 2012, according to data from STR. Overall, the U.S. hotel industry's occupancy rose 3.2 percent to 49.1 percent, its average daily rate was up 4.3 percent to US$104.43 and its revenue per available room increased 7.7 percent to US$51.22.

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Caribbean hotels report strong RevPAR rebound | STR Reports
The Caribbean hotel industry reported strong revenue-per-available-room increases year-to-date November 2012, according to data from STR. In year-over-year comparisons, the Caribbean rose 11.1 percent in RevPAR to US$113.24, average daily rate was up 3.8 percent to US$170.50 and occupancy increased 7.1 percent to 66.4 percent. Room revenue YTD 2012 rose 9.1 percent to US$8.4 billion.

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US Lodging Sector on Solid Footing at the Start of 2013, Says PwC US
Reflecting stronger lodging demand and economic activity that exhibits less retrenchment than expected, an updated lodging forecast released today by PwC US anticipates stronger revenue per available room (\"RevPAR\") recovery in 2013, compared to the previous outlook. Lodging demand growth, which had eased in the third quarter of 2012 on a seasonally adjusted basis, gained more strength than expected in the fourth quarter. While some of the lodging demand fluctuations are attributable to the timing of holidays and Superstorm Sandy, the underlying momentum in the travel recovery remains intact. As a result, PwC expects RevPAR growth of 5.9% in 2013, representing the fourth year of lodging recovery.

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US results week ending 12 January 2013 | STR
The U.S. hotel industry reported mixed results in the three key performance metrics during the week of 6-12 January 2013, according to data from STR. In year-over-year comparisons, occupancy was down 4.2 percent to 49.8 percent, average daily rate rose 2.1 percent to US$105.30 and revenue per available room decreased 2.2 percent to US$52.43.

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Positive 2013 supply and demand forecast for London and regional UK - STR Reports
STR Global, the leading provider of market data to the hotel industry, in conjunction with Tourism Economics, is forecasting positive supply and demand growth across London and regional U.K. in 2013. Supply in London is projected to increase by 3.5 percent, while demand will grow by 2.9 percent. The excess supply is forecasted to lead to an occupancy decrease of -0.5 percent in 2013. Revenue per available room (RevPAR) is expected to decline by -1.6 percent, primarily driven by a decrease in average daily rate (ADR) of -1.1 percent to GBP139.13.

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European Hotel Prices at their lowest in two years - trivago reports
Hotel prices this month have decreased to their cheapest since December 2010, according to the trivago Hotel Price Index (tHPI) based on the 50 most popular European cities onwww.trivago.co.uk. One night in January 2013 will cost an average of 82 for a standard double room. In comparison to last month, hotel prices in the UK have decreased by an average of 9 per cent to 77 per night.

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PwC European Cities Hotel Forecast 2013: Thriving or surviving
PwC is delighted to present our European cities hotel forecast for 2013. This second edition features 19 of Europe's most important gateway cities. For each city, we provide a forecast of occupancy, ADR and RevPAR, as well as the economic outlook and our analysis of the opportunities driving tourism and investment in 2013. All the cities featured are capitals of culture, finance and commerce and together they account for over 650,000 rooms and welcome more than 85 million international arrivals each year.

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STR: US results for week ending 5 January
The U.S. hotel industry reported increases in all three key performance metrics during the week of 30 December 2012-5 January 2013, according to data from STR. In year-over-year comparisons, occupancy was up 7.6 percent to 45.0 percent, average daily rate rose 15.7 percent to US$111.04 and revenue per available room increased 24.4 percent to US$49.93. Weekly performance was positively impacted by the shift of New Year's Eve on the calendar.

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PKF's January 2013 Lodging Insights
PKF's Mark Woodworth and Jack Corgel discuss hospitality investment conditions and when to expect hotel values to starting increasing. Headquartered in San Francisco, PKF Consulting USA, LLC (www.pkfc.com) is an advisory and real estate firm specializing in the hospitality industry. PKF Consulting USA is owned by FirstService Corporation (FSRV) and is a subsidiary of Colliers International. The firm operates two companies: PKF Consulting USA and PKF Hospitality Research. The firm has offices in New York, Boston, Portland ME, Indianapolis, Chicago, Philadelphia, Washington DC, Atlanta, Jacksonville, Tampa, Orlando, Houston, Dallas, Los Angeles, Bozeman, and San Francisco.

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STR Analytics releases Hotel Investors Gauge Q4 results
Continued economic uncertainty, the fiscal cliff debacle and an emotional presidential campaign season have left hotel investors unfazed based on the most recent Hotel Investors Gauge, a quarterly survey from STR Analytics and HotelNewsNow.com. Most underwriting parameters for buyers and developers were relatively unchanged based on participants' responses.

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2012

December

RateGain's Hotel Pricing Trends - Middle East (Dec 2012 - Feb 2013)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in ME. This set covers December 2012 to February 2013, taken in the 2nd week of December 2012 (all rates are in US dollars for two adults for a one-night stay).

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RateGain's Hotel Rate Parity Trends - Middle East(Dec 2012 - Feb 2013)
Hotel rate parity trends for December 2012 to February 2013 of three, four and five star hotels across some of the major cities in ME. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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STR releases preliminary year-end 2012 data for US Hotels
STR's preliminary year-end data indicates that the U.S. hotel industry will finish 2012 by posting strong performances in all major metrics. Based on STR data through November, preliminary 2012 year-end results for the U.S. hotel industry include:

US hotel results week ending 1 December | STR
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 25 November-1 December 2012, according to data from STR. In year-over-year comparisons, occupancy was up 2.5 percent to 52.2 percent, average daily rate rose 3.5 percent to US$103.00 and revenue per available room increased 6.2 percent to US$53.74.

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November

RateGain's Hotel Rate Parity Trends - USA (Nov 2012 - Jan 2013)
Hotel rate parity trends for November 2012 to January 2013 of three, four and five star hotels across some of the major cities in USA. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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RateGain's Hotel Pricing Trends - USA (Nov 2012 - Jan 2013)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in USA. This set covers November 2012 to January 2013, taken in the 3rd week of November 2012 (all rates are in US dollars for two adults for a one-night stay).

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US hotel results week ending 17 November | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 11-17 November 2012, according to data from STR. In year-over-year comparisons, occupancy was up 4.6 percent to 62.0 percent, average daily rate rose 6.4 percent to US$108.63 and revenue per available room increased 11.3 percent to US$67.32. A Veterans Day shift, Superstorm Sandy cleanup and recovery efforts coupled with strong group performance due to meetings and conventions occurring the week before an early Thanksgiving drove weekly results nationally, as well as in several of the gateway cities,\" said Brad Garner, COO at STR. \"Demand for hotel rooms remains particularly strong despite fiscal-cliff concerns. We firmly believe growth in roomnights sold will end the year in the 2.6 percent to 2.8 percent range, with ADR growth well over 4.0 percent.\"

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UK Chain Hotels Market Review - October 2012
Growth in volume and price across all market sectors kept London hoteliers on a high in October as corporate travellers returned to the city and leisure visitors continued to flock to the capital, according to the latest HotStatssurvey of approximately 560 full-service hotels across the UK by TRI Hospitality Consulting. With the culmination of the Paralympic Games in September, for the first time in what seems like a long time, Londoners have not had a party to attend this month.

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Cyprus Recovering but Challenges Ahead | MKG Reports
Hotel occupancy and average prices in key Mediterranean summer costal markets remain strong this year and should end on another high. According to figures released by MKG Hospitality's market monitoring benchmark, hoteliers managed to increase both demand and average prices. The analysis also reveals a growing tendency of Europeans opting to holiday closer to home and within the EU a trend which started back during the 2009 Global Financial Crisis, and was then further spurred by the issues caused during the Arabic Spring.

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RateGain's Hotel Pricing Trends - Australia & New Zealand (Nov 2012 - Jan 2013)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Australia & New Zealand. This set covers November 2012 to January 2013, taken in the 3rd week of October 2012 (all rates are in US dollars for two adults for a one-night stay).

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US hotel results week ending 10 November 2012 | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 4-10 November 2012, according to data from STR. In year-over-year comparisons, occupancy was up 0.9 percent to 62.6 percent, average daily rate rose 3.1 percent to US$107.91 and revenue per available room increased 4.1 percent to US$67.52.

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Hotel Prices drop by up to 41% across Europe
This month sees hotel prices decrease across Europe. An overnight stay in November will now cost an average of 86, compared to 99 in October and 105 in September. Hotel prices have decreased by an average of 18% in the past two months, and are now at their cheapest since January 2012. These are the findings of the trivago Hotel Price Index (tHPI) reported monthly by www.trivago.co.uk. For more data and graphics please visit www.trivago.co.uk/hotelprices.

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Near-term Economic Uncertainty and Weaker Lodging Performance Result in Lodging Outlook Setback, Says PwC US
Reflecting slower near-term economic growth, weaker third-quarter results, and the impact of Superstorm Sandy, an updated lodging forecast released today by PwC US anticipates slower revenue per available room (\"RevPAR\") growth in 2012 and 2013, compared to the previous outlook. However, there is also enough forward momentum to maintain a positive outlook on the sustained pace of the lodging recovery, with US RevPAR expected to increase 6.6 percent in 2012 and 5.4 percent in 2013.

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French Hotel Industry Performances September 2012 | Autumn sends a chill across the French hotel industry
September proved disappointing for hotel professionals, with performances down on last year's results. Traditionally a strategic month for the hotel industry, September saw occupancy in most areas and hotel categories drop. The decline was more or less flagrant, depending on the destination, and although a few exceptions were noted, the general underlying trend was present. Admittedly, average rates grew, but with the exception of Paris, increases were not sufficient to curb falling rooms revenue.

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RateGain's Hotel Pricing Trends - Middle East (Nov 2012 - Jan 2013)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in ME. This set covers November to January 2012, taken in the 1st week of November 2012 (all rates are in US dollars for two adults for a one-night stay).

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RateGain's Hotel Rate Parity Trends - Middle East (Nov 2012 - Jan 2013)
Hotel rate parity trends for November to January 2012 of three, four and five star hotels across some of the major cities in ME. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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Caribbean occupancy slides during Sandy
Hurricane Sandy, which first made landfall in Jamaica on Wednesday, 24 October, had a widespread impact on occupancy across the Caribbean, according to data from STR. \"The overall numbers were up for the week, which seems counterintuitive, but the reality is for many properties revenue per available room was already way up from last year in the days before knowledge of the storm,\" said Carter Wilson, director at STR Analytics. \"Compared with those trends, it's clear that immediately before the storm hit, the islands' occupancy levels were impacted dramatically, either from impending travelers canceling their visits or vacationers cutting short their stays. Average daily rate levels remained fairly moderate throughout the storm.\"

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US hotel results week ending 27 October | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 21-27 October 2012, according to data from STR. In year-over-year comparisons, occupancy rose 6.0 percent to 65.1 percent, average daily rate was up 4.7 percent to US$109.65 and revenue per available room increased 11.0 percent to US$71.42.

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HotStats European Chain Hotels Market Review September 2012
September is typically a strong month of headline performance levels for hotels across the primary European hotel markets and 2012 was no exception with eight of the ten markets polled this month recording room occupancy levels in excess of 85%, according to the latest HotStats survey by TRI Hospitality Consulting.

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RateGain's Hotel Rate Parity Trends - Asia (Nov 2012 - Jan 2013)
Hotel rate parity trends for November 2012 to January 2013 of three, four and five star hotels across some of the major cities in Asia. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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RateGain's Hotel Pricing Trends - Asia (Nov 2012 - Jan 2013)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Asia. This set covers November 2012 to January 2013, taken in the 4th week of October 2012 (all rates are in US dollars for two adults for a one-night stay).

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October

US hotel results week ending 20 October | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 14-20 October 2012, according to data from STR. In year-over-year comparisons, occupancy rose 1.9 percent to 67.3 percent, average daily rate was up 4.2 percent to US$110.13 and revenue per available room increased 6.2 percent to US$74.16.

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STR reports US Q3 2012 results
The U.S. hotel industry reported increases in all three key performance metrics for third quarter 2012 in year-over-year measurements, according to data from STR. The industry's occupancy increased 1.2 percent to 67.1 percent, average daily rate rose 3.9 percent to US$107.34 and revenue per available room was up 5.1 percent to US$72.00.

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STR Global: MEA hotel results for September 2012
The Middle East/Africa region reported mixed performance results in September 2012 when reported in U.S. dollars, according to data compiled by STR Global. The region's occupancy increased 5.4 percent to 60.7 percent during the month, its average daily rate fell 1.7 percent to US$137.76 and its revenue per available room grew by 3.6 percent to US$83.63.

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STR Global: Europe hotel results for September 2012
The Europe hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for September 2012, according to data compiled by STR Global. Increases in average room rate are still the main driver for revenue-per-available-room growth across Europe, said Elizabeth Randall Winkle, managing director of STR Global.

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STR Global: Asia/Pacific results for September 2012
Hotels in the Asia/Pacific region experienced mixed results in the three key performance metrics for September 2012 when reported in U.S. dollars, according to data compiled by STR Global. In year-over-year measurements, the Asia/Pacific region's occupancy fell 1.1 percent to 67.5 percent.

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RateGain's Hotel Pricing Trends - EMEA (Oct - Dec 2012)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in EMEA. This set covers October to December 2012, taken in the 3rd week of October 2012 (all rates are in US dollars for two adults for a one-night stay).

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New figures reveal a return to business as usual' for UK hotels in September
Hotels across the UK saw a return to 'business as usual' in September after an Olympic-fuelled summer, according to preliminary figures released today by PKF Hotel Consultancy Services. Hotels in London recorded a 0.7% decline in rooms yield to 124.38, compared with 125.31 in September 2011. Occupancy in the capital increased by 0.8% from 87.8% to 88.6%, but this was more than offset by a 1.5% drop in room rate to 140.46 from 142.63 a year ago.

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US hotel results week ending 13 October 2012 | STR
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 7-13 October 2012, according to data from STR. In year-over-year comparisons, occupancy rose 1.1 percent to 66.2 percent, average daily rate was up 3.9 percent to US$109.04 and revenue per available room increased 5.1 percent to US$72.24.

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RateGain's Hotel Rate Parity Trends - Australia & New Zealand (Oct - Dec 2012)
Hotel rate parity trends for October to December 2012 of three, four and five star hotels across some of the major cities in Australia & New Zealand. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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RateGain's Hotel Pricing Trends - Australia & New Zealand (Oct - Dec 2012)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Australia & New Zealand. This set covers October to December 2012, taken in the 1st week of October 2012 (all rates are in US dollars for two adults for a one-night stay).

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UK HotStats Confidence Monitor Q4 2012 | Tri Hospitality
According to the latest Hotel Confidence Monitor UK Regions by HotStats, the state of the UK economy and the continuing financial turmoil in the Eurozone will be the most critical factors impacting hotel demand in 2013. These two factors were prevalent concerns for 50.9% of general managers surveyed in London and 34.6% of provincial hoteliers. Other major concerns for hoteliers in the UK included the strength of sterling damaging domestic tourism levels and inbound visitors, and for 7.7% of London a post-Olympics slump was a real concern.

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US hotel results week ending 6 Oct. 2012 | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 30 September-6 October 2012, according to data from STR. In year-over-year comparisons, occupancy rose 2.0 percent to 65.6 percent, average daily rate was up 5.0 percent to US$110.01 and revenue per available room increased 7.2-percent to US$72.17.

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US hotel results week ending 29 September | STR Reports
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 23-29 September 2012, according to data from STR. In year-over-year comparisons, occupancy rose 2.5 percent to 64.2 percent, average daily rate was up 5.4 percent to US$106.60 and revenue per available increased 8.0 percent to US$68.43.

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RateGain's Hotel Pricing Trends - Middle East (Sep - Nov 2012)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Middle East. This set covers September to November 2012, taken in the 4th week of September 2012 (all rates are in US dollars for two adults for a one-night stay).

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French Hotel Industry Performances August 2012 - August saves a poor summer season
August topped July for the French hotel industry, as those destinations with a strong ability to attract leisure tourists pulled up the market. Indeed, Paris and the Cote d'Azur, along with a number of other cities (particularly those appealing to international visitors), benefited from leisure demand. For the remainder of the market, however, August proved difficult, and the 2012 summer season will not go down in history: accumulated growth in rooms revenue for July and August for the whole French hotel industry declined by 2% for all categories.

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Hong Kong reports strong YTD performance | STR Global
LONDONHong Kong's revenue per available room (RevPAR) grew 8.7 percent year-to-August (YTD) to HKD1,520.61, supported by buoyant occupancy levels that remained well above the 80-percent mark, according to STR Global, the leading provider of market information to the hotel industry. This RevPAR performance resulted from the highest occupancy and average daily rates (ADR) achieved for a January-to-August period since 2000. This is good news for hoteliers, particularly in the current economic environment, as more and more indicators point to a slowing of GDP growth globally and in China.

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US hotel results week ending 22 September 2012 | STR
The U.S. hotel industry experienced mixed results in the three key performance metrics during the week of 16-22 September 2012, according to data from STR. In year-over-year comparisons, occupancy fell 1.0 percent to 66.0 percent, average daily rate was up 0.3 percent to US$107.82 and revenue per available ended the week virtually flat with a 0.6-percent decrease to US$71.20.

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September

The Greater China Update - 3Q 2012 | HVS
An HVS Quarterly Hotel Market Update | The knock-on effect of the global economic downturn has finally reached the region. Most regional markets are seeing a slowdown in visitor arrival growth, and occupancy levels are under pressure. Hong Kong received 11.1 million visitors in the second quarter of 2012, reflecting 15.4% year-onyear (YOY) growth. Visitor arrivals from mainland China rose by 24.5% YOY, totalling 7.68 million visitor arrivals, and remain the key driving force behind this robust growth.

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Americas hotel results for August 2012 | STR Global
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for August 2012, according to data compiled by STR and STR Global.

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Europe hotel results for August 2012 | STR Global
The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for August 2012, according to data compiled by STR Global.

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Middle East/Africa hotel results for August 2012 | STR Global
The Middle East/Africa region reported positive performance results in August 2012 when reported in U.S. dollars, according to data compiled by STR Global.

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Asia/Pacific hotel results for August 2012 | STR Global
Hotels in the Asia/Pacific region experienced mixed results in the three key performance metrics for August 2012 when reported in U.S. dollars, according to data compiled by STR Global. In year-over-year measurements, the Asia/Pacific region's occupancy ended the month virtually flat with a 0.1-percent decrease to 68.1 percent, its average daily rate rose 0.7-percent to US$139.49 and its revenue per available room was up 0.7 percent to US$95.01.

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US hotel results week ending 15 September 2012 | STR
The U.S. hotel industry experienced mostly positive results in the three key performance metrics during the week of 9-15 September 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week nearly flat with a 0.5-percent decrease to 66.2 percent, average daily rate was up 3.0 percent to US$108.62 and revenue per available increased 2.5 percent to US$71.90.

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Tougher conditions across Italy | STR Global Reports
Italian hoteliers reported mixed revenue per available room (RevPAR) results year to July (YTD), according to STR Global, the leading provider of market data to the hotel industry. Sicily's Taormina & Messina market led RevPAR growth and is one of four markets to report increases year on year.

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London Hotels enjoy Olympic-inspired boom in August | PKF Reports
London hotels reported a significant uplift in August as a result of the Olympics and Paralympics, whilst regional operators also saw yields rise, according to preliminary figures released today by PKF Hotel Consultancy Services. Hotels in the capital recorded a 48.5% increase in rooms yield to 135.35, up from 91.12 in August 2011. This was the result of a 49.8% year-on-year rise in room rate from 110.22 to 165.05 and a 0.8% drop in occupancy from 82.6% a year ago to 82.0%.

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US hotel results week ending 8 September | STR
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 2-8 September 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week nearly flat with a 0.1-percent increase to 57.6 percent, average daily rate was up 4.3 percent to US$102.92 and revenue per available room ended the week with an increase of 4.3 percent to US$59.31.

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STR releases updated US 2012, 2013 forecasts
The U.S. hotel industry is expected to see modest gains for year-end 2012 and in 2013, according to the updated U.S. forecast released by STR during the 2012 Hotel Data Conference last week. For 2012, the industry is expected to record a 2.1-percent increase in occupancy to 61.2 percent, an average-daily-rate gain of 4.4 percent to US$106.15 and a revenue-per-available-room increase of 6.5 percent to US$65.01.

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International tourism on track to hit one billion by end of 2012 | UNWTO Reports
Despite concerns over the global economy, international tourism demand continues to show resilience. The number of international tourists worldwide grew by 5% between January and June 2012 compared to the same period of 2011 (22 million more). Although a slight slowdown in growth can be expected for the rest of the year, international arrivals are forecast to exceed one billion by the end of 2012.

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STR reports US hotel pipeline for August 2012
The total active U.S. hotel development pipeline comprises 2,745 projects totaling 304,825 rooms, according to the August 2012 STR/McGraw Hill Construction Dodge Pipeline Report. This represents a 3.5-percent decrease in the number of rooms in the total active pipeline compared to August 2011. The total active pipeline data includes projects in the In Construction, Final Planning and Planning stages but does not include projects in the Pre-Planning stage.

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The Hungarian hotel market is holding up despite the country's economic and financial challenges
The hotel market in Hungary has remained comparatively stable despite the economic and financial challenges the country is currently facing according to Jones Lang LaSalle Hotels latest Hungarian Hotel Intelligence report.

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French Hotel Industry Performances July 2012 - A miserable July for the French hotel industry
The sunny spell so hoped for was not to be in July, as most hotels in France saw their occupancy rates drop last month. Although remaining moderate, these declines cast a further shadow over the rather difficult context experienced since the beginning of the year. This is particularly the case in regional France, where hoteliers continue to hope for a return to normal and lie in wait for the first signs of market recovery.

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MENA chain hotels market review - July 2012 HotStats
Hotels in Jeddah posted 30.9% growth in profits in July this year while the effect of summer and Ramadan impacted hotel performance levels in all other markets surveyed, according to the latest HotStats survey of full service hotels in six MENA cities by TRI Hospitality Consulting.

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US hotel results week ending 25 August 2012 | STR
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 19-25 August 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week with a 4.9-percent increase to 65.7 percent, average daily rate was up 5.3 percent to US$105.43 and revenue per available room ended the week with an increase of 10.5 percent to US$69.30.

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August

PKF Forecasts Continued Record Levels Of U.S. Hotel Demand
Despite tepid economic indicators, record numbers of guests continue to occupy U.S. hotel rooms. According to the recently released September 2012 edition of Hotel Horizons, PKF Hospitality Research, LLC (PKF-HR), is forecasting that on any given night in 2012, nearly 3.0 million of the nation's 4.8 million hotel rooms will be occupied. This is 5.6 percent greater than the levels of lodging demandaccommodated in 2007, the year prior to the great industry recession.

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HotStats European Chain Hotels Market Review July 2012
A decline was suffered across most headline performance measures in London during July, but the UK capital still achieved a profit per room approximately 50% above Paris, which was second of the top performing cities polled in Europe this month, according to the latest HotStats survey by TRI Hospitality Consulting.

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Despite Near-term Economic Uncertainty, US Lodging Recovery Remains Intact, Says PwC
Despite persistent economic headwinds and heightened uncertainty, an updated lodging forecast released today by PwC US anticipates revenue per available room (\"RevPAR\") recovery in 2012 to remain intact, with slightly stronger gains in both demand and pricing than previously anticipated. While the US economy has inched forward in recent quarters, business and leisure travel continues to recover, with hotels experiencing solid demand and price gains in the second quarter. These recent gains, coupled with year-over-year improvement in group bookings currently in place for the balance of the year, off-set slowing related to the near-term weakness in economic fundamentals. As a result, US RevPAR is now expected to increase 7.2 percent in 2012 and 5.6 percent in 2013.

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US hotel results week ending 18 August 2012 | STR
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 12-18 August 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week with a 3.6-percent increase to 69.6 percent, average daily rate was up 4.4 percent to US$106.58 and revenue per available room ended the week with an increase of 8.1 percent to US$74.21.

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Corporate and Leisure Hotel Rates Increase Again in July
DALLAS (August 23, 2012) – Hotel rates paid in July for business and leisure travel increased over last year both globally and in North America, according to data released today by Pegasus Solutions. Global and North America leisure booking volumes also closed in on last year's levels, resulting in the smallest booking declines yet for 2012 against 2011, save February's inflated figures due to leap year.

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UK Chain Hotels Market Review - July 2012
It was an inevitable consequence of the capital hosting 'the greatest show on earth' that headline performance levels would see a dip, and with record occupancies achieved during the same period in 2011, the results were never going to be pretty this month, according to the latest HotStats survey of approximately 560 full-service hotels across the UK by TRI Hospitality Consulting.

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Americas hotel results for July 2012 | STR Global
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for July 2012, according to data compiled by STR and STR Global. The Americas region reported a 0.5-percent increase in occupancy to 70.0 percent, a 3.3-percent gain in average daily rate to US$109.61 and a 3.8-percent increase in revenue per available room to US$76.74.

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Asia/Pacific hotel results for July 2012 | STR Global
In year-over-year measurements, the Asia/Pacific region's occupancy decreased 2.2 percent to 68.3 percent, its average daily rate ended the month virtually flat with a 0.2-percent increase to US$136.06 and its revenue per available room was down 2.1 percent to US$92.86.

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Europe hotel results for July 2012 | STR Global
"European hotels reported a solid increase in average room rates for the month of July when measured in euro terms (+7.0 percent). However, this is coupled with the third consecutive month of small occupancy declines", said Elizabeth Randall Winkle, managing director of STR Global. "With the Olympic coverage taking over a bit from the ongoing troubles in the eurozone, London (U.K.) hoteliers reported weaker occupancy performances in June and the non-Olympic days in July compared to last year.

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Middle East/Africa hotel results for July 2012 | STR Global
The region's occupancy decreased 4.9 percent to 56.7 percent during the month, its average daily rate increased 2.1 percent to US$140.67 and its revenue per available room fell 3.0 percent to US$79.72. "Ramadan, which took place 20 July to 19 August, impacted the results across the Middle East", said Elizabeth Randall Winkle, managing director of STR Global. "Ramadan took place during August last year. The holy cities of Makkah and Medina reported RevPAR increases of 90.9 percent and 33.0 percent, respectively".

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US hotel performance for July 2012 | STR
The U.S. hotel industry reported increases in all three key performance metrics during July 2012, according to data from STR. Overall, the U.S. hotel industry's occupancy rose 0.5 percent to 70.0 percent, its average daily rate was up 3.8 percent to US$107.44 and its revenue per available room increased 4.3 percent to US$75.25. Demand during July increased 1.0 percent with 105,964,171 rooms sold, breaking the July 2011 record of 104,957,596 rooms sold.

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Caribbean Hotel Profits See Largest Increase Since 2008 | PKF Reports
PKF Hospitality Research, LLC (PKF-HR), the research affiliate of PKF Consulting USA, LLC (PKFC), announced today that, according to its newly released 2012 edition of Caribbean Trends® in the Hotel Industry, the average Caribbean hotel that participated in the survey experienced a 10 percent increase in Net Operating Income (NOI) in 2011. This is the greatest annual increase in profits since 2008.

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Australian Hotel Performance Outlook - August 2012
In this summary we look at comparative room occupancy, average room rate and revenue per available room (RevPAR) performance across Australia’s key cities and destinations, based on their actual performance for the year ending 2011 and our outlook for 2015. A copy of the full report with a detailed forecast for each destination can be downloaded from our website www.ahsadvisory.com. We hope you will it useful and look forward to hearing from you if we can provide any further assistance.

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STR Global: Great Olympics benefitting London hoteliers
London hotels reported increases in average daily rate and revenue per available room during the 2012 Olympic Games, according to STR Global, the leading service provider of market information to the hotel industry. The games started with the opening ceremony Friday, 27 July 2012 and ended Sunday, 12 August 2012.

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STR: US hotel results week ending 11 August 2012
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 5-11 August 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week with a 3.4-percent increase to 71.4 percent, average daily rate was up 4.0 percent to US$107.05 and revenue per available room ended the week with an increase of 7.5 percent to US$76.39.

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Hotel overnights in Europe set to increase | ITB Berlin and IPK International Report
Travellers from Germany are more modest in their choice of hotel than holidaymakers from the UK or Russia and prefer middle-class accommodation. The proportion of Germans who stay in luxury hotels has even declined and currently stands at 13 per cent. These are the results of a special evaluation of the World Travel Monitor® on the European travellers' preferred types of accommodation conducted by IPK International and commissioned by ITB Berlin*.

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Global Hotel Sentiment Falls As Continued Economic Issues Continue to Bite
The latest survey compiled by Horwath Hotel, Tourism and Leisure (HTL), the world’s largest hospitality consulting firm, shows that the improved optimism at the start of the year has once again been stymied due to the prevailing global economic uncertainty. Hotel operator sentiment has followed the same pattern of the last 3 years; with mid-year sentiment turning negative after a more optimistic outlook at the start of the year, slumping to a neutral score of 1.

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Hotel Contracts - To Lease Or Not To Lease
Hotel managing companies date back to the early 1900s. Back then, the normal method to supply management services was through total property leases by which the operator leased the hotel from the owner. It was only between 1950 and 1960, following the global hotel expansion, that management agreements were created to provide a buffer against the operating risks associated with unknown uncertainties in foreign countries.

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STR: US hotel results week ending 28 July
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 22-28 July 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week with a 3.3-percent increase to 75.1 percent, average daily rate increased 4.8 percent to US$108.95 and revenue per available room ended the week with an increase of 8.2 percent to US$81.87.

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MENA Region Chain Hotels Market Review - June 2012
Hotels in Jeddah hit their highest profitability for three years during June thanks to strong summer demand. The properties enjoyed a 15.0% growth in RevPAR driving a 13.8% growth in profits during the month, according to the latest HotStats survey of full service hotels in six MENA cities by TRI Hospitality Consulting.Average occupancy at four and five star chain hotels in the city reached 85.4%, up by 5.8 percentage points, with Average Room Rates (ARR) increasing 7.2% to US$226.63 during the month, compared to the same period last year. Revenue Per Available Room (RevPAR) for the month surged 15.0% to US$193.62 leading to strong growth in profits in terms of Gross Operating Profit Per Available Room (GOPPAR) by 13.8% to $147.95.

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London hotels busy during Olympics | STR Global Reports
"Hotel performance is strong, London hotels are busy. Some but not all are full; there is room in the inn but overall hotels are in a good position", commented Elizabeth Randall, managing director of STR Global. Historically, Olympic host cities do not sell out, Randall said. Reviewing hotel performance over the past four summer games, back to 1996 in Atlanta, none of the host cities' occupancy surpassed 90 percent for the months in which the Olympics occurred, according to STR Global.

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Q2 2012 Greek Hospitality Industry Performance
Greece has left a difficult second quarter behind with a first round of elections on May 6th 2012 and a second round on June 17th2012, after which a coalition government was formed headed by Mr. Antonis Samaras, leader of the New Democracy party. Mainly due to the continuing political and economic uncertainty around Greece in the second quarter, international arrivals declined 4.6% overall comparing the first six months of 2012 and 2011. Athens showed the biggest drop of all international airports in Greece of 15.1%, while Thessaloniki saw their international arrivals increasing with 7.0%.

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July

Is The UK Hotel Market On The Ropes??
Ground-breaking research from TRI Hospitality Consulting’s unique HotStats database suggests that hotels across much of the UK are still reeling from the sucker punch which was dealt to them at the onset of the current economic downturn in 2008. As other advisors rely on Revenue per Available Room (RevPAR) performance to guide their mainly positive sentiment of the UK hotel industry.

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STR Global: Americas hotel results for June 2012
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for June 2012, according to data compiled by STR and STR Global. The Americas region reported a 4.1-percent increase in occupancy to 70.0 percent, a 4.3-percent gain in average daily rate to US$109.41 and an 8.6-percent jump in revenue per available room to US$76.54.

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STR Global: Europe hotel results for June 2012
The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for June 2012, according to data compiled by STR Global. Year-to-date 2012, the region's occupancy was virtually flat with a 0.1-percent increase to 63.7 percent, its average daily rate, in euro terms, was up 3.9 percent to EUR103.03, and its revenue per available room increased 4.1 percent to EUR65.64.

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STR Global: Asia/Pacific hotel results for June 2012
Hotels in the Asia/Pacific region experienced positive results in all three key performance metrics for June 2012 when reported in U.S. dollars, according to data compiled by STR Global. In year-over-year measurements, the Asia/Pacific region's occupancy increased 1.8 percent to 66.2 percent, its average daily rate increased 5.4 percent to US$136.87 and its revenue per available room was up 7.3 percent to US$90.66.

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STR Global: Middle East/Africa hotel results for June 2012
The Middle East/Africa region reported mostly positive performance results in June 2012 when reported in U.S. dollars, according to data compiled by STR Global. The region's occupancy increased 8.7 percent to 58.2 percent during the month, its average daily rate fell 1.8 percent to US$136.16 and its revenue per available room rose 6.8 percent to US$79.22.

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STR: US hotel results week ending 7 July 2012
The U.S. hotel industry experienced mixed results in the three key performance metrics during the week of 1-7 July 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week with a 3.7-percent decrease to 61.4 percent, average daily rate increased 3.0 percent to US$101.67 and revenue per available room ended the week virtually flat with a 0.8-percent decrease to US$62.37.

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STR Global reports on the Maldives and Mauritius
STR Global, the leading provider of market information to the global hotel industry, reported new supply growth year to May 2012 with a 3.2-percent increase in the Maldives and 1.7-percent increase in Mauritius. During the same period, demand growth has continued to grow in Mauritius but declined in the Maldives.

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US hotel results week ending 30 June 2012 | STR Reports
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 24-30 June 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week with a 6.9-percent increase to 71.7 percent, average daily rate increased 5.3 percent to US$106.27 and revenue per available room rose 12.6 percent to US$76.21.

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RateGain's Hotel Rate Parity Trends - Asia
Hotel rate parity trends for June to August 2012 of three, four and five star hotels across some of the major cities in Asia. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.

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RateGain's Hotel Pricing Trends - Asia
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Asia. This set covers June to August 2012, taken in the 2nd week of June 2012 (all rates are in US dollars for two adults for a one-night stay).

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US hotel results week ending 23 June | STR
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 17-23 June 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week virtually flat with a 0.9-percent increase to 72.2 percent, average daily rate increased 4.1 percent to US$107.04 and revenue per available room rose 5.1 percent to US$77.28.

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June

Preliminary Data: 2012 Global Profitability Results
STR Global, the leading provider of market data to the world’s hotel industry, releases preliminary data of the Annual Profitability Survey 2012 for selected cities. Now in its 14th year, the survey contains detailed data on hotel revenues and costs, showing the dynamic evolution of the sector by city, country and region.

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