MEMBER HOTEL LOGIN

You don't have a login yet?
Register here

If you don't remember your password, please send an e-mail to p.radny@designhotels.com


INDUSTRY NEWS

21.05.2012

Global Hotel Development Pipeline April 2012

http://www.hotelnewsresource.com

STR Global issued it's Global Development Pipeline Report update for April 2012.

FIND OUT MORE
04.05.2012

Leisure hotel rates set new growth record in March

www.hotelmarketing.com

Average daily rates paid by leisure hotel guests climbed +9.2% in March over 2011, beating the previous record of +8.3% set in December over 2010, according to the latest data from Pegasus Solutions.

In North America, hotels benefited from a climb of +8.5% in daily rates for leisure stays, which outperformed the +7.3% record set in February.

Rate gains in the corporate market approximated or surpassed year-to-date growth. Globally, ADR reached +4.5%, overtaking year-to-date growth of +4.0%, and climbed to +6.5% in North America, almost reaching the year-to-date growth of +6.8%. Outside North America, corporate rates increased +1.8% while leisure rates were up +3.9%.

FIND OUT MORE
27.03.2012

Europe hotel results for February 2012

www.hotelnewsnow.com

The European hotel industry posted mostly positive results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for February 2012, according to data compiled by STR Global.

“Europe reported a flat performance on a like-for-like basis compared to February 2011”, said Elizabeth Randall, managing director of STR Global. “Out of 27 countries we track across Europe, the majority of 15 countries still reported RevPAR increases in local currency for the month”.

FIND OUT MORE
15.03.2012

Hotel Investors Gauge Q4 Results

www.hotelnewsnow.com

Investors and lenders are showing growing signs of optimism, according to the most recent Hotel Investors Gauge, a quarterly survey from STR Analytics and HotelNewsNow.com.

"While there remains a significant amount of uncertainty with the future of the global economy, investors and lenders in the hotel industry are focusing on the simple fundamentals of strong demand levels, limited supply growth and an expectation of room rates continuing their recovery,” said Steve Hennis, director at STR Analytics.

Key findings from the Hotel Investors Gauge include:
• Investors’ return expectations for acquisitions declined to 18.5 percent from 20.0 percent in our prior survey, illustrating that investors are getting more confident in the lodging sector’s recovery.
• Developers’ return expectations also declined slightly to 20.6 percent.
• The median cap rate on trailing 12-month net income for stable assets was 7.9 percent. Although the cap rate is relatively stable compared to the previous Hotel Investors Gauge, the increasing cash flows and lower return expectation will likely increase asset pricing.
• Most of the lender terms remain relatively unchanged from the prior survey. Loan-to-value ratios generally ranged between 62.5 percent and 70.0 percent. The average LIBOR spread was 350bps. Most loan terms were five years.

The Hotel Investors Gauge included a broad spectrum of hotel investors and lenders. The survey is conducted on a quarterly basis by STR Analytics and HotelNewsNow.com.

FIND OUT MORE