Str News
Qatar records positive hotel performance for 2011
Qatar has recorded positive hotel performance results in 2011 according to STR Global, reflecting increasing demand and interest in business and tourism as it prepares to host the 2022 World Cup. Occupancy remained stable last year edging 0.4 per cent higher from 2010 while average daily rates increased 0.7 per cent STR Global said.
STR Global adds to India coverage, reveals updated India hotel data
India’s hotel industry showed overall year-to-date (YTD) November 2011 growth in performance data and the supply pipeline, STR Global announced today in conjunction with the start of the Hotel Investment Forum India (HIFI) conference in Mumbai. In addition, London-based STR Global, the leading provider of market data to the hotel industry, is pleased to announce today at HIFI the appointment of Dhritiman Mukherjee as Business Development Manager.
US hotel occupancy rises in December
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 December 2011, according to data from STR.
STR announces hotel results for Middle East, Africa
The Middle East/Africa region reported mostly negative performance results during November 2011 when reported in U.S. dollars, according to data compiled by STR.
Hotels in Abu Dhabi see boom during F1 Grand Prix
Hotel occupancy in Abu Dhabi during the Etihad Airways Formula 1 Grand Prix improved when compared to last year, according to the latest statistics from STP Global. However, figures remained below peaks reached during the inaugural 2009 event – despite performances from artists as diverse as Britney Spears and Paul McCartney during a spectacular weekend of entertainment.
STR Global expands to India
STR Global is expanding its worldwide operations to India. In partnership with Horwath HTL-India, the new operation includes the appointment of a Business Development Manager based in the offices of Horwath HTL-India in Mumbai.
STR: US hotel results week ending 24 September 2011
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 18-24 September 2011, according to data from STR.
STR Analytics launches DataCast, a new forecasting tool
STR Analytics announces the release of DataCast, a report that alters the landscape of hotel forecasting methodology by allowing the user to adjust the forecast to better evaluate market potential.
STR Global reports improving market conditions in Belgium
The Belgium hotel market has seen modest but positive changes in revenue per available room (RevPAR) across all significant markets during the first half of 2011, reports STR Global, the leading provider of market data to the world’s hotel industry.
Philip Wooller appointed head of STR Global in Dubai
STR Global, the provider of market data to the world’s hotel industry, is pleased to announce the appointment of Philip Wooller as Area Director Middle East and Africa with immediate effect. Based in Dubai, Wooller will have responsibility for sales and business development across the region.
PATA and STR Global link up
The Pacific Asia Travel Association (PATA) has entered a partnership with STR Global, as part of PATA’s new strategic direction to “Build the Business” for members. PATA members will benefit by receiving access to accommodation sector indicators that will enable better decision making.
Canadian Hotels Report 2.0% Increase in Occupancy Week Ending 23 April 2011
None of the provinces reported increases in occupancy for the week. Nova Scotia fell 31.3 percent in occupancy to 44.9 percent, followed by New Brunswick (-26.4 percent to 43.5 percent) and Newfoundland (-20.6 percent to 59.7 percent).