Industry data
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Profitability declined across nine of the 10 European cities monitored in the Europe HotStats survey for June 2009. Warsaw alone increased gross operating profit per available room (GOPpar), which rose by 1.9% to €54.70.
Posted: 07 August 2009 | 14:15
Hotel revenue per available room (revpar) slumped by 20.1% in London and by 14.7% in the provinces in the week ending 18 July 2009, according to figures from hospitality research company STR Global. London revpar fell to £119.98, down from £150.11 in the equivalent week of 2008.
Posted: 05 August 2009 | 07:00
After months of tumultuous trading conditions which saw insolvencies soar and occupancy levels plummet, the hotel industry is beginning to see some light at the end of the tunnel. Recent figures from PKF Hotel Consultancy Services show that hoteliers across the UK experienced a difficult ...
Posted: 30 July 2009 | 10:00
Beer sales in UK pubs are this year falling at a slower rate than the supermarkets, according to latest figures reported by the British Beer and Pub Association. Pub beer sales are down 4.5% compared to the second quarter in 2008 – the equivalent of 4.2m fewer pints - and were down 6.3% in the first quarter ...
Posted: 29 July 2009 | 08:00
Hotel revenue per available room (revpar) dropped by 8.3% in London and by 14.2% in the provinces in the week ending 11 July 2009, according to figures from hospitality research company STR Global. London revpar fell to £120.81, down from £131.80 in the equivalent week of 2008.
Posted: 29 July 2009 | 07:00
More than 50 pubs are now closing every week in Britain, equating to more than seven a day, the British Beer and Pub Association (BBPA) has warned. Some 2,377 pubs have closed in the last 12 months leading to a loss of 24,000 jobs, according to the figures compiled by marketing company CGA Strategy.
Posted: 22 July 2009 | 08:30
Hotel revenue per available room (revpar) dropped by 3.4% in London and by 14.1% in the provinces in the week ending 4 July 2009, according to figures from hospitality research company STR Global. London revpar fell to £127.33, down from £131.77 in the equivalent week of 2008. shrank by 6.7% to £140.68
Posted: 22 July 2009 | 07:30
A bad end to the week with news in this morning that the Ritz Carlton and Marriott hotels in Jakarta have been hit by two bomb blasts overnight killing at least nine people and injuring 48.
Posted: 17 July 2009 | 15:37
Upscale London hotels risk losing their image of exclusivity if they continue to maintain occupancy levels at the expense of daily rate, warns property agent Christie + Co in its latest city review.
STR Global’s latest figures suggest that the capital’s upscale hotels ...
Posted: 17 July 2009 | 14:34
National tourism agency VisitBritain has painted a gloomy picture of the state of UK tourism based on latest international visitor figures. The number of overseas visitors to the UK during May was down 14% on last year while the number of visitors for the first five months of this year decreased by 12%.
Posted: 16 July 2009 | 14:18
Hotel revenue per available room (revpar) dropped by 8% in London and by 9.6% in the provinces in the week ending 27 June 2009, according to figures from hospitality research company STR Global. London revpar fell to £131.44, down from £142.85 in the equivalent week of 2008.
Posted: 15 July 2009 | 10:30
The amount spent on eating out of the home in the UK has fallen for the first time in 40 years as a result of a shift in consumer expectations that will continue after the recession, according to a new report commissioned by McDonald’s. The report, Eating Out in the UK 2009 ...
Posted: 15 July 2009 | 07:30
Profitability and revenue per available room (revpar) fell across all 10 European cities monitored in the Europe HotStats survey for May 2009.
Posted: 09 July 2009 | 16:20
Hotel revenue per available room (revpar) dropped by 8% in London and by 11.7% in the provinces in the week ending 20 June 2009, according to figures from hospitality research company STR Global. London revpar fell to £112.30, down from £122.13 in the equivalent week of 2008.
Posted: 08 July 2009 | 07:00
Our survey reveals that healthy eating matters less to schoolchildren than value for money
Posted: 02 July 2009 | 19:12
Hotel revenue per available room (revpar) dropped by 6.4% in London and by 12.8% in the provinces in the week ending 13 June 2009, according to figures from hospitality research company STR Global. London revpar fell to £107.67, down from £115.01 in the equivalent week of 2008.
Posted: 30 June 2009 | 14:40
Hotel revenue per available room (revpar) dropped by 11.4% in London and by 17.2% in the provinces in the week ending 6 June 2009, according to figures from hospitality research company STR Global. London revpar declined to £97.59, down from £110.12 in the equivalent week of 2008.
Posted: 24 June 2009 | 07:30
Hotel revenue per available room (revpar) dropped by 5.8% in London and by 10.5% in the provinces in the week ending 30 May 2009, according to figures from hospitality research company STR Global. London revpar declined to £89.80, down from £95.30 in the in the equivalent week of 2008.
Posted: 17 June 2009 | 07:00
Best Western remains the world’s largest hotel brand with more than 300,000 rooms according to a new report from MKG Hospitality. InterContinental Hotels Group (IHG) mid-range brand Holiday Inn remained the second largest, with just under 250,000 rooms worldwide, according to MKG’s ...
Posted: 16 June 2009 | 15:36
The UK wine market shrank last year after more than a decade’s growth and is not expected to recover in volume terms until 2011, according to a new report.
Wine UK 2009 from research firm Mintel shows that UK wine sales by volume actually shrank 2% last year to 1.162 billion litres.
Posted: 12 June 2009 | 16:37
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