Tag: STR
Lower demand, higher supply challenge KL hotel sector in 2019
Early 2019 performance levels and profitability fundamentals are foreshadowing an unfavourable short- to mid-term for Kuala Lumpur’s hotel industry, according to data and analysis...
Bright spots in APAC’s hotel market in 2Q
Hotels in the Asia-Pacific region posted growth across the three key performance metrics during 2Q2018, according to data from STR, with notable peaks seen...
Sri Lankan hotel rates on the rise despite supply surge
Hoteliers have managed to maintain pricing power despite slowing demand for hotel rooms in Sri Lanka, according to an analysis from STR, but growing...