The Central/South America hotel development pipeline comprises 196 hotels totalling 28,958 rooms, according to the November 2011 STR Global Construction Pipeline Report. Among the countries in the region, Panama reported the largest expected growth (64.4 percent) if all 7,593 rooms in the country’s total active pipeline open. Other countries to...
Despite the economic difficulties the Intercontinental managed to reach the level before the crisis, and today has 74 percent occupancy indicator – said Mathieu van Alphen, the hotel manager at a press conference on Monday in Budapest. The event was held on the occasion of the hotel’s 30th birthday.The director...
Starting from October, Judit Vászolyi is the director of the Balatonfüred-based hotels of the Danubius Hotel Operation and Services Ltd. – the city’s website has published this new piece of information on Monday. The 388-room Hotel Annabella and 239-room Hotel Marina are the two biggest hotels of the town, and...
The number of overnight stays decreased by 5.9 percent, the total gross sales revenue declined by 3.8 percent in July compared to July 2010 at the public accommodations – reports the Central Statistical Office. The number of overnight stays in July was 2.892 million, while revenues amounted to 26.457 billion...
Huang-po Nu major Chinese billionaire, would like to buy a 300 square kilometers of land in Iceland, where he would launch 100 million USD tourism project. Huang’s plan is not the first sign, that Beijing is actively interested in Iceland’s abilities. The Chinese and the Icelandic central bank in June,...
According to the Hungarian Hotels and Restaurants Association (MSZÉSZ); during this year’s Formula 1 Hungarian Grand Prix all hotel indices – room occupancy, the average price, occupancy per capita revenue (RevPAR) – declined. According to the communication sent to MTI on Thursday, due to weaker demand room occupancy was 1.7...
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