Canada Results for Week Ending March 24th

In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 1.2-percent increase to 60.6 percent, its average daily rate rose 2.1 percent to CAD$124.22 and its revenue per available room was up 3.3 percent to CAD$75.24.

UK Chain Hotels Market Review – February 2011

Whilst hotels in London were once again able to achieve a year-on-year improvement across all headline performance measures this month, rising cost levels negatively impacted the conversion from total revenue to profit, according to the latest HotStats survey of approximately 560 full-service hotels across the UK by TRI Hospitality Consulting.

New Supply Continues to Depress Operating Performance in China

The influx of new bedrooms over the last four years in China’s key destinations has continued to impact negatively on operating performance according to Horwath HTL, the world oldest and largest hospitality consulting network, during a presentation at the 8th annual China Hotel Development and Financing Conference in Beijing.