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Staycations on the Agenda for 2010
After a bumper 2009 for the British tourist industry, more and more people look set to stay at home for their holidays in 2010. This trend, which has been dubbed 'Staycationing' is on the rise according to family holidays specialist Haven. ...more
Tranche Warfare: The Coming Litigation Among Stakeholders in CMBS Loans - By Jim Butler, Author of Www.HotelLawBlog.com
CMBS loan delinquencies - a problem growing every month at a staggering rate. ...more
European Hotel Valuation Index 2010 - By Pierre Ricord and Tim P Smith
HVS London releases the latest edition of its annual review of European hotel value trends. The Hotel Valuation Index shows that on average hotel values across Europe fell 13%, the second year in succession the index has shown a drop in value. ...more
Loco Over Local: Four Trends That Are Reshaping Tourism
The travel industry has a pretty good handle on many aspects of its marketplace. For example, we know how many people in the U.S. travel, how often, what products they purchase, how they purchase them and how much they spend. We also know a great deal about the different segments of the travel industry: the transportation and accommodation elements of travel. But when it comes to the things travelers do when they get there - in-destination activities and services - we know surprisingly little. ...more
STR Reports US Performance for Week Ending 20 February 2010
In year-over-year measurements, the industry's occupancy ended the week with a 2.4-percent increase to 55.4 percent. Average daily rate dropped 4.4 percent to finish the week at US$95.81. Revenue per available room for the week fell 2.2 percent to finish at US$53.04. ...more
STR Reports Canada Performance for Week Ending 20 February 2010
In year-over-year measurements, the industrys occupancy increased 1.8 percent to 57.4 percent. Average daily rate increased 13.7 percent to finish the week at CAD$139.06. Revenue per available room for the week rose 15.7 percent to CAD$79.81. & ...more
Canadian Occupancy, ADR, RevPAR - Week Ending February 20, 2010
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. ...more
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