The Canadian hotel industry posted mixed results in the three key performance measurements during the week of 31 January-6 February 2010, according to data from STR.
Dramatic declines in China’s hotel performance during 2009—underscored by revenue per available room (RevPAR) falling 26.2 percent compared with a year ago—contrast strongly with the continuing good performance of the Chinese economy.
Tourist arrivals in Singapore fell 4.3 per cent in 2009 to 9.7 million, the city-state’s tourism board said Tuesday. Hotels were hit hard as visitors stayed away due to the economic recession and the H1N1 flu outbreak.
Deloitte’s ‘Hospitality Vision: U.S. Performance Review’