London hotels saw a spike in hotel performance during Taylor Swift’s Eras Tour, according to August preliminary data from CoStar. Year by year there are changes and the results in August 2024 are : – in terms of occupancy: 83.9%, an increase of 2.7% compared to last year) – in terms of average daily rate (ADR): […]
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Short-term rental accommodation bookings in Mallorca in July were down 8% in Palma in July compared to 2023 according to AirDNA, following government intervention and strong protests by residents against over-tourism. At the same time, bookings fell by 12%. In contrast to Mallorca, however, bookings for short-term rentals increased by 5% in Barcelona, according to […]
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The number of flight cancellations within Europe increased by 46% in June, compared to the previous month, according to new data from aviation analytics firm Cirium. Last month, 8,145 flights were cancelled within Europe, up from 5,584 in May. Meanwhile, flight cancellations in the Asia-Pacific region fell by 16% compared to the previous month. Cirium’s […]
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Mabrian data indicates that France, United Kingdom and United States are the most sensitive key outbound markets for this region to climate perception, showing the importance unveiling insights based on data to align travellers’ expectations with their actual experience and future demand. Readiness and data insights to deal with climate change effects and its impact […]
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The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data. The change projected in March 2024 compared to March 2023 is an increase of 1.5% in terms of new hotel construction, 39.5% in terms of development planning and 9.8% in terms […]
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A significant increase of 13.8% in overnight stays in short-term rentals in Europe in 2023, compared to 2022, with Greece participating in this increase, as it ranks sixth, with just over 36.4 million overnight stays, according to data from the European Statistical Authority (Eurostat). In absolute terms, it is estimated that last year, travellers booked […]
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After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR. At a market-level, New York City, Phoenix and Dallas are set to see the largest supply percentage increases from current construction. Among the chain scales, the Luxury and Upscale segments lead in that measurement. U.S. […]
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STR, the leader in global hospitality benchmarking, has commenced providing the Japan National Tourism Organization (JNTO) with comprehensive hotel industry data covering the key performance metrics in major countries and cities around the world. “We are delighted to deliver reliable and necessary data to the JNTO in support of the thriving Japanese lodging and tourism sector,” […]
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At the Athens International Airport total international arrivals declined in Q1 2017 with 0.6% y-o-y, mainly caused by the performance of the month of February, which recorded a drop of 7% y-o-y, according to GBR Hospitality Newsletter. Occupancy levels as well as room rates of Athenian hotels showed a positive trend, resulting in an improvement […]
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