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Trends |
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Occupancy Continued To Decline Globally In August, RevPAR Results Mixed
The global hotel industry recorded regionally mixed RevPAR results for the month of August 2008, according to data from STR and STR Global. August occupancies fell in every world region. Data for the survey was gathered from more than 36,150 hotels comprising 4.93 million guestrooms worldwide.
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Canadians Show Strong Interest in Owning Recreational Real Estate says Harris Decima Study
Of the total population included in the survey, 14% currently own some type of recreational real estate asset. Within this group, 57% are sole recreational property owners and 43% have invested in shared ownership assets, including timeshare or fractional ownership properties.
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Caribbean Hotel Revenues Decline In 2008
Analysis of Caribbean hotel performance by STR reveals a 5.6-percent RevPAR decline for 2008 through July. Hotel demand grew 0.4 percent during the period, however new supply growth and rate decreases led to decreased revenue for the region.
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HVS Market Intelligence Report: Columbus, Ohio - By Stacey Nadolny
Hoteliers stand to reap the benefits of this capital city's revitalization, especially downtown.
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STR reports U.S. hotel performance for August 2008
The U.S. hotel industry posted a 0.8-percent decline in RevPAR for the month of August 2008, according to data from STR. The monthly decrease in RevPAR was precipitated by declining occupancy, while ADR continued to increase.
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Canadian Occupancy, ADR, RevPAR - Week Ending September 20, 2008
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
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TravelCLICK |
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Vizergy |
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VIZERGY is an Internet marketing company that empowers hotels and resorts to drive revenue through the Internet. |
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