Hotels See Decline in Group Pace but RevPAR Performance Remains Strong
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars during January 2015, according to data compiled by STR, Inc. and STR Global.
The U.S. hotel industry recorded positive results in the three key performance measurements during the week of 15-21 February 2015, according to data from STR, Inc.
The Middle East/Africa region reported positive year-over-year performance results in two of the three major metrics during January 2015 when reported in U.S. dollars, according to data compiled by STR Global.
Carlson Rezidor and Golden Palace Hotel LLC jointly announce the Radisson Blu Hotel, Yerevan. The upper-upscale hotel is scheduled to open in early 2016. With this signing Carlson Rezidor adds a new country to its growing portfolio in Russia/CIS & Baltics.
The European hotel industry posted mixed results in year-over-year metrics when reported in U.S. dollars, Euros and British pounds for January 2015, according to data compiled by STR Global.
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