STR releases preliminary September 2016 data for London

STR’s preliminary September 2016 data for London, England, indicates significant average daily rate. Based on daily data from September, London reported the following in year-over-year comparisons: increases in supply (+2.6%) and demand (+1.6%); a 1.0% decrease in occupancy to 88.3%; a 0.7% increase in average daily rate (ADR) to GBP164.76; and a 0.2% decrease in […]

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STR: flat occupancy with increases in ADR and RevPAR for Athens

The European hotel industry recorded positive April 2016 results in the three key performance metrics when reported in euro constant currency, according to data from STR. Compared with April 2015, Europe reported a 3.5% increase in occupancy to 71.4%, a 3.8% rise in average daily rate to EUR109.54 and a 7.4% lift in revenue per […]

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New London Mayor urged to take action against online home rental companies

New London Mayor Sadiq Khan has been urged to clamp down on London landlords letting out their properties to holidaymakers via website like Airbnb. The British Hospitality Association CEO Ufi Ibrahim said she wanted the ‘urgent attention’ of Khan, who was only sworn into office on Saturday, to deal with a number of ‘outstanding issues’. […]

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Strong passenger traffic growth in 2015, but freight still in the doldrums

European airport trade association, ACI Europe released its traffic report for 2015. This is the only air transport report which includes all types of civil aviation passenger flights to and from Europe: full service, low cost, charter and others. Passenger traffic across the European airport network in 2015 grew by an average +5.2%. At EU […]

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London on the verge of a new occupancy record in 2015

In the third quarter this year, the British capital welcomed 5.2 million international visitors, or 5.9% more than during the same period in 2014. London should end there year 2015 with tourism following a positive trend. The British capital showed a new increase in international arrivals by 5.9% in the third quarter of the year, […]

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