HOSPA Hospitality Finance, Revenue and IT Professionals

Categories

Our Premier Sponsors

Tag : Positive

25

Jan
2013

STR Global: Positive 2013 supply and demand forecast for London and regional UK

Written by Jane Scott.
Supply in London is projected to increase by 3.5 percent, while demand will grow by 2.9 percent. The excess supply is forecasted to lead to an occupancy decrease of -0.5 percent in 2013. Revenue per available room (RevPAR) is expected to decline by -1.6 percent, primarily driven by a decrease ...

Read more