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The G20 impact on host hotel markets

Profile Photo By: Carsten Hennig
July 7, 2017

The G20 impact on host hotel markets

Hamburg, Germany – 7 July 2017 –
Host hotel markets of the G20 summit have reported a greater impact on average daily rate than occupancy levels, according to an analysis from STR.

Ahead of the upcoming G20 in Hamburg, Germany (7-8 July), STR analyzed rolling seven-day averages for eight previous host markets. To point to potential outcomes for Hamburg, analysts excluded three markets (Cannes, France; Los Cabos, Mexico; and Serik, Turkey) to maintain the benchmarking focus on larger hotel markets. The seven-day rolling average methodology accounted for hotel business generated during the five-day lead upRead More

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