In year-over-year comparisons, occupancy increased 9.8 percent to 61.2 percent, average daily rate was up 4.2 percent to US$99.80, and revenue per available room ended the week up 14.4 percent to US $61.06.
In year-over-year measurements, the Canadian hotel industrys occupancy was up 8.2 percent to 72.7 percent. Average daily rate increased 3.1 percent to CAD$132.84. Revenue per available room increased 11.5 percent to CAD$96.61.
STR announces the launch of the new monthly market forecasts for the Top 25 Markets in the U.S. The STR Market Forecasts look back at historical data and key hotel demand drivers and indicators at both the market, domestic and international level to predict future performance.
This annual publication highlights the current trends and future opportunities for the hospitality industry across major cities in India.
Hotels are not discounting rates further. ‘This is the bottom. The economy is only going to get better,’ said David Bagwell, executive vice president, Tishman Hotel Corp. Which is not to say that the hotel industry has recovered.
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes occupancy and average room rates from major cities in Canada.
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.
Monthly French Hotel Statistics
In year-over-year comparisons, occupancy increased 7.5 percent to 64.2 percent, average daily rate was up 2.6 percent to US$103.09, and revenue per available room ended the week up 10.3 percent to US$66.15.
Whilst there is no surprise that 2010 has been a stronger year than 2009, it is a fantastic achievement for London hoteliers to produce their best performance of the past decade during a year of recovery.