Topic - FIFA World Cup

STR analysts expect hotels in Moscow, Russia, will see RevPAR growth between 20% and 30% in June and July as the country hosts the FIFA World Cup. continue reading →

STR Global reports a mostly positive picture of hotel performance across South America after launching data on several new markets across the continent. continue reading →

Starwood CEO to Meet with Owners and Developers in Five Latin American Countries this Week, including Brazil, Chile, Peru, Argentina and Uruguay continue reading →

International tourism recovered strongly in 2010 according to the Advance Release of the UNWTO World Tourism Barometer. International tourist arrivals were up by almost 7% to 935 million, following the 4% decline in 2009 – the year hardest hit by the global economic crisis. The vast majority of destinations worldwide posted positive figures, sufficient to offset recent losses or bring them close to this target. However, recovery came at different speeds and was primarily driven by emerging economies. continue reading →

The Twelve Apostles Hotel and Spa, a member of the Red Carnation Hotel Collection, is delighted to announce the appointment of one of South Africa's most esteemed Chef's, Henrico Grobbelaar, as Executive Chef at the celebrated luxury five star Hotel in Cape Town. continue reading →

The Central/South America hotel development pipeline comprises 140 hotels totalling 22,265 rooms, according to the September 2010 STR Global Construction Pipeline Report released this week. continue reading →

The region’s occupancy ended the month virtually flat with a 0.1-percent increase to 61.3 percent, average daily rate increased 11.8 percent to US$145.00, and revenue per available room grew 11.8 percent to US$88.82. continue reading →

The region’s occupancy rose 1.7 percent to 59.2 percent, average daily rate increased 14.3 percent to US$151.00, and revenue per available room grew 16.3 percent to US$89.37. continue reading →

The 2010 FIFA World Cup in South Africa ended 11 July with Spain crowned as the new champion, but which hotel market came out on top? continue reading →

South Africa saw a 34 percent increase in inbound tourism spending during the first quarter of 2010, and anticipates additional growth opportunities around the 2010 FIFA World Cup™, according to Tourism Outlook: South Africa, an annual report released today by Visa Inc. (NYSE: V) that analyzes Visa cardholder spending for the past two years. continue reading →