The Blue Swan Daily brings you a round up of some of the latest hotel news from across Europe, Middle East and Africa. W Hotels debuts…..
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- The Americas
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STR sees storm clouds forming for US hotel performance as it readjusts its 2019 and 2020 RevPAR projections
Continued lack of hotelier pricing confidence has resulted in hospitality benchmarking specialist STR lowering its full year 2019 and 2020 forecast for the key revenue…..
US hotel construction is on the rise with the upper upscale segment driving growth in the development pipeline
Hotel construction activity in the United States of America (USA) has now increased year-on-year for ten consecutive months with data from benchmarking specialist STR showing…..
Independence Day hotel demand differs by day of the week, and Thursday offers better prospects for the industry
Hotel market data and benchmarking firm STR has offered interesting insight into demand for the US fourth of July Independence holiday depending on the day…..
US hotels posted a positive performance in three key metrics for the month of May, and prospects look promising for the buy summer season. Data…..
Canada’s hotels post mixed results for late May-2019; STR lowers US hotel unit revenue projections for 2019
Occupancy rates for Canadian hotels fell during the start of the busy summer travel season, but average daily rates and unit revenues grow solidly during…..
Room oversupply crimps hoteliers for the 2019 Coachella music festival; supply growth increasingly impacts performance in many major markets
California’s Coachella Valley Music Festival has grown enormously over the last 20 years, but hotel demand for the event fell in 2019. The event draws…..
The US hotel industry may have reported positive first quarter metrics, but its performance was ‘underwhelming’
The US hotel industry delivered positive results in the three key performance metrics during Q1 2019, according to data from benchmarking specialist STR. In a…..
US hotels see positive growth in key metrics during Feb-2019, but there’s a mixed performance for properties across Central and South America
US hotels enjoyed a solid performance in 2019, with the highest rise in unit revenue since Oct-2018, according to data from STR. The company’s monthly…..