Hotels in the Asia Pacific region experienced nearly flat performance in the three key performance metrics when reported in U.S. dollar constant currency.
Chinese state-owned hotels need to enhance their performance and market competitiveness.
China, and Hong Kong in general, are experiencing strong performance in terms of hotel performance and industry growth.
Carlson Wagonlit Travel (CWT) continues to be the world s largest travel management company, reporting strong performance for its business travel activities in 2013.
HENDERSONVILLE, Tennessee—The U.S. hotel industry in November reported increases in all three key performance metrics, according to data from STR.
Following the softer growth pace of +4.0% in October, November bookings rose back up to an increase of +5.4% over prior year. Although ADR did not show the same uptick, it is maintaining steady increases by over +2% from prior year.
LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during August 2011 when reported in U.S. dollars, according to data compiled by STR Global.
LONDON—Hotels in the Asia/Pacific region experienced mostly positive results in the three key performance metrics during August 2011 when reported in U.S. dollars, according to data compiled by STR Global.
The latest hotel performance indicators reveal that the UK hotel industry is booming in London and holding its own in the regions.
The latest hotel performance indicators reveal that the UK hotel industry is booming in London and holding its own in the regions.
It’s not too often a hotel is in the position of saying occupancy DECLINED to 99% during a quarter, but that’s what China Lodging Group reported in its second quarter earnings earlier this month.
It’s not too often a hotel is in the position of saying occupancy DECLINED to 99% during a quarter, but that’s what China Lodging Group reported in its second quarter earnings earlier this month.
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