Mar 11 2009
STR Global Launches Hotel Market Forecast
STR Global announced the launch of the Hotel Market Forecast. The report will be presented at the International Hotel Investment Forum in Berlin.
STR will be partnering with e-forecasting.com, an economic consulting company based in the US, to provide over two years of forecast data for 42 European markets and sub-markets.
In this fast changing environment, it is vital to look at how the local economic conditions are affecting our industry,” said James Chappell, managing director of STR Global. “By studying these in combination with historic data from previous cycles, the Hotel Market Forecast will give much needed visibility on what is likely to happen. We have been looking at these models for several years now and are confident that this will be an important instrument in the market.”
