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Search results for “STR”
Chinese investors eyeing booming hotel development in Australia
01/08/2016
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5:59:25 PM
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About 28% of hotel assets on sale in Australia in 2014 were snapped up by Chinese investors, and hotel transactions in Australia and N reached AUD$2.75 billion.
Airbnb is becoming a real threat to the hotel business in big US cities
01/05/2016
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5:22:51 PM
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2015 is a good year for hotel industry. However, Airbnb has achieved success in some big cities, grabbing market share with traditional hotels.
Super luxury hotels occupancy rises
11/19/2014
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12:13:19 PM
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Online polling platform STR Global has released its report on hotel industry performance in the first three quarters of 2014 that covers 3,211 Chinese hotels.
Lessons hoteliers can learn from Airbnb
12/23/2015
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1:40:52 PM
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Airbnb's development model has helped the company grow stronger, but meanwhile it has also imposed huge pressure on hoteliers. Hoteliers should enhance communication with their customers, provide personalized service and improve customers' loyalty.
Marriott beats multiple suitors to get Starwood in for $12.2 Billion
11/17/2015
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10:03:21 AM
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At least three Chinese companies were pursuing bids for Starwood, a person with knowledge of the matter said in October.
STR Global: Asia/Pacific results for November
12/29/2013
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1:17:50 AM
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The region’s occupancy ended the month with a 1.1% increase to 72.4%; its ADR dropped 4.9% to $123.13; and its RevPAR was down 3.8% to $89.12.
ADR growth continues to lag expectations despite peak occupancy levels, says PwC Us
11/13/2015
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7:38:15 PM
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An updated lodging forecast released today by PwC US expects RevPAR growth in 2015 to be driven more by occupancy than previously expected, as ADR growth continues to look for a firm footing.
Airbnb gets conciliatory toward cities with new pledge
11/13/2015
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11:13:25 AM
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Airbnb released a “community compact” today, promising to work more closely with municipalities, regulators, and communities.
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