Deloitte News

Australia Among Countries Leading Global Hotel Rebound

Australia Among Countries Leading Global Hotel Rebound

11th Aug 2010 Press Release Hotel News

The Australian hotel industry has rebounded strongly from the global financial crisis having recorded one of the highest percentages of occupancy globally and one of the largest percentage increases in revenue per available room (revPAR) for the year to May 2010, according to Deloitte.

London hotels room rates rise

London hotels room rates rise

8th Dec 2009 Hotel News

London hotels appear to have finally come out of their downward spiral last month to post positive rates and occupancy levels. Occupancy averaged 85.8% and room rates £138.

Hotel rates to pick up late next year

Hotel rates to pick up late next year

28th Sep 2009 Hotel News

UK hotels suffered another bad month of falling rates, yields and occupancy in August. In London, room rate was down 7% year-on-year to £102. Occupancy fell by 2.3% to 81.8% and yield fell by 9.2% to £83, according to a report by hotel consultancy services PKF. However, a separate report by Deloitte predicts that there will be a slowdown in the rate of decline with a pick up in the last three months of next year.

2004 HotelBenchmark Global Ranking Index by Deloitte

20th Apr 2005 Press Release Travel Technology News

The hotel market hall of fame…For the second year in a row, Venice was the best performing market in 2004 in terms of revenue per available room (revPAR) according to the HotelBenchmark Global Ranking Index (GRI). The GRI compares the performance of 165 global cities outside North America on an annual basis.