HotelBenchmark adds 29 new markets

Monthly survey now tracks 512 markets across 140 countries

Published: 12/02/2008

Deloitte is today delighted to announce they have crossed the 500 market milestone with the addition of 29 new markets to the Monthly HotelBenchmark™ Survey.

The new markets added to the survey include 12 markets in Asia, 13 markets in Europe and four markets in the Middle East & Africa listed below.

The HotelBenchmark™ Survey by Deloitte is the world’s largest hotel performance database tracking the occupancy, average room rate and revenue per available (revPAR) performance of over 7,800 chain and independently operated hotels.

Lorna Clarke, Executive Director of HotelBenchmark™ commented: “This is a great start to 2008 especially off the back of the 24 markets launched in the latter part of last year. The UK has enjoyed a particular boost with over 20 markets added since this time last year. At HotelBenchmark™ we have always been committed to reporting on more markets around the world to meet our clients’ needs for hotel performance data and I am delighted that the survey just keeps getting bigger and better”.

Performance of new markets 2007

	Occupancy (%)	Average Room Rate (US$)	RevPAR (US$)	RevPAR % change
Asia Pacific
Bangalore, India	74	290	214	3.8
Chengdu, China	73	80	59	15.0
Chiang Mai, Thailand	56	137	76	21.4
Dalian, China	55	80	44	6.5
Goa, India	72	180	129	28.3
Guangzhou, China	52	102	53	-10.2
Hangzhou, China	67	114	77	14.1
Hua Hin, Thailand	74	117	86	12.3
Jaipur, India	64	169	109	22.7
Maldives, Asia	75	595	449	20.8
Suzhou, China	52	96	50	-19.4
Tianjin, China	56	75	42	-7.9
Europe
Ankara, Turkey	64	100	64	23.3
Derby, UK	72	127	92	14.9
Inverness, UK	74	111	82	19.2
Krakow, Poland	75	126	95	17.2
Lyon, France	64	160	102	20.7
Maidstone, UK	69	126	87	11.3
Marbella, Spain	54	217	117	20.3
Oxford, UK	72	146	105	15.6
Peterborough, UK	68	112	76	14.6
Plymouth, UK	67	110	74	3.1
Portsmouth, UK	78	121	94	12.7
Preston, UK	75	102	76	15.6
Stratford upon Avon, UK	70	140	99	10.5
Middle East and Africa
Medina, Saudi Arabia	61	109	67	6.3
Nelspruit, South Africa	73	65	47	19.1
Stellenbosch, South Africa	60	83	50	13.2
Taba, Egypt	59	34	20	34.2

Source: HotelBenchmark™ Survey by Deloitte

Notes to editor: All analysis in US$.

STR Global is the new company recently created by leading hospitality research companies Smith Travel Research (STR), Deloitte's HotelBenchmark™ and The Bench.

STR Global provides clients - including hotel operators, developers, financiers and analysts - access to hotel research with regular and custom reports covering over hotels in markets in countries.

STR Global provides a single source of global hotel performance data, offering concise, accurate and thorough industry research worldwide.