HotelBeat
HotelBeat Destination: Havana - January 2011
Cuba accounts for approximately 12% of total tourist arrivals to the Caribbean, and is the second most visited destination behind the Dominican Republic. Havana is Cuba’s capital city, leading commercial centre and largest conurbation with 2.2 million inhabitants. The tourism industry in Cuba employs a workforce of approximately 274,000 people, representing 5.1% of total employment. In 2009, just over 2.4 million international visitors visited Cuba, representing a 37% increase from arrivals in 2000.
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Cuba accounts for approximately 12% of total tourist arrivals to the Caribbean, and is the second most visited destination behind the Dominican Republic. Havana is Cuba’s capital city, leading commercial centre and largest conurbation with 2.2 million inhabitants. The tourism industry in Cuba employs a workforce of approximately 274,000 people, representing 5.1% of total employment. In 2009, just over 2.4 million international visitors visited Cuba, representing a 37% increase from arrivals in 2000.
EMEA Hotels Monitor
EMEA Hotels Monitor February 2011
The last half of 2010 saw continued recovery in hotel performance levels and a wave of major hotel deals. It is evident from the deals done that the proportion of “distressed” deals was very low and most of these did not close at distressed prices. Growth in performance levels are expected to be more patchy in 2011, whilst the volume of deals is expected to grow significantly.
View all reports...
The last half of 2010 saw continued recovery in hotel performance levels and a wave of major hotel deals. It is evident from the deals done that the proportion of “distressed” deals was very low and most of these did not close at distressed prices. Growth in performance levels are expected to be more patchy in 2011, whilst the volume of deals is expected to grow significantly.
MarketBeat
MARKETBEAT: Russia 2010
The year is drawing to a close and as predicted we can see that RevPAR in Moscow will end almost exactly the same as in 2009 at RUR 4,554 for the international hotels. Despite this static result the mix of average rate and occupancy did shift. The gain in occupancy was a significant 8%, bringing a city-wide result of almost 70% for the year (69.1%), though a drop of exactly 8% in ADR to RUR 6,596 balanced this out.
View all reports...
The year is drawing to a close and as predicted we can see that RevPAR in Moscow will end almost exactly the same as in 2009 at RUR 4,554 for the international hotels. Despite this static result the mix of average rate and occupancy did shift. The gain in occupancy was a significant 8%, bringing a city-wide result of almost 70% for the year (69.1%), though a drop of exactly 8% in ADR to RUR 6,596 balanced this out.
