Tag : STR Global
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 ...
LONDON— STR Global, the leading service provider of market information to the hotel industry, is reporting the recent performance of London hotels during the 2012 Olympic Games. The games started with the opening ceremony on Friday, 27 July 2012.From 27 July until 5 August 2012, hoteliers across London reported 87.7 ...