London and regional UK reported positive revenue-per-available-room (RevPAR) growth in 2011, according to data from STR Global. Despite its challenges throughout the year, demand grew in the majority of U.K. destinations. For 2012, STR Global forecasts a slight RevPAR increase for London and Regional UK. “Overall 2011 has been a good year for U.K. hoteliers [...]
Archive for the ‘Hotel Market Analysis’ Category
London 2012 Olympics, positive hotel market outlook
January 19th, 2012
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With the London 2012 Olympic year upon us, TravelClick, the leading hotel market intelligence provider, is using its forward looking data to provide regular updates of how the London hotel market is performing in terms of demand and rates. With fewer than 200 days before the opening ceremony, the market is looking optimistic for both [...]
London hotels see record occupancy levels in July
August 30th, 2011
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With one year to go until London welcomes athletes to the 2012 Olympic Games, hoteliers in the capital have been breaking records of their own this month as room occupancy levels reached an extraordinary 92.4%, according to TRI Hospitality Consulting’s latest HotStats survey of approximately 550 full-service hotels across the UK. Not only did hoteliers [...]
Market report shows London hotel profitability continuing to grow
July 28th, 2011
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June 2011 represents the 19th month of year-on-year profitability growth for London hoteliers since the collapse of Lehman Brothers triggered the current economic downturn in September 2008, according to the latest HotStats survey of approximately 550 full-service hotels across the UK by TRI Hospitality Consulting. This month hoteliers in the capital recorded a growth in [...]
Annual Hotel Profitability survey results from STR Global
July 19th, 2011
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STR Global today published its Annual Hotel Profitability survey results, now in its 13th year it contains detailed data on hotel revenues and costs showing the dynamic evolution of the sector by city, country and region. “As a strategic tool, the Annual Profitability Survey helps all stakeholders analyse markets, benchmark, budget, optimise revenues and produce [...]
EMEA hotel investment forecast to reach €9.5 Billion by end of 2011
July 19th, 2011
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Rapid Recovery in Investment Volumes in EMEA Hotel Market Hotel investment volumes in EMEA during the first 6 months of 2011 have reached €3.37 billion, a significant 73% increase on the same period last year (€1.94 billion), according to Jones Lang LaSalle Hotels. Demonstrating the recovery and strength of the EMEA hotel market, compared to [...]
Global hotel investment to reach $34.8 billion in 2011
July 14th, 2011
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Jones Lang LaSalle Hotels has released its second quarter statistical analysis of the global hotel investment market, which reveals that $14.8 billion in hotel assets changed hands in the first six months of 2011. Compared with the same period last year, this represents a 117 percent increase, which according to Jones Lang LaSalle Hotels is [...]
UK Chain Hotels Market Review – May 2011
July 4th, 2011
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Year-on-year profitability levels at London hotels in- creased by close to 17% in May as the capital hosted an assortment of sporting, cultural and political events, according to the latest HotStats survey. Year-on-year profitability levels at London hotels in- creased by close to 17% in May as the capital hosted an assortment of sporting, cultural [...]
STR Global posts May 2011 results for European Hotels
June 24th, 2011
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The European hotel industry posted positive results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for May 2011, according to data compiled by STR Global. Year-over-year, May 2011 figures for Europe (U.S. dollars, euros and British pounds): Europe % change Occupancy 71.4% +5.3% ADR (U.S. dollars) $150.73 +26.0% ADR (euros) €105.54 [...]
TRI Hospitality Consulting 2011 UK Hotel Market Forecast
June 22nd, 2011
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• Challenging market conditions in 2011 will continue to affect UK Provincial fullservice hotels leaving sales growth flat and profits down. • London sales and profit growth to be tempered in 2011 on the back of a remarkable recovery in 2010. • But London profit performance to hit pre-recession peak levels of mid-2008. • UK [...]
