Flooding hurts Bangkok hotel occupancy: Some Bangkok hotels are reporting large occupancy declines as the floods sweeping Thailand are curtailing tourists from visiting. Meanwhile there remains a 50% chance the city itself will flood.
Western Australia incentivizing development: A new set of development incentives for hotels set up by the Western Australian government could help facilitate hotels in the Perth area.
US market improves in 3Q: STR reported that during the third quarter in the U.S. occupancy increased 4% to 66.5%, average daily rate rose 3.8% to US$102.96, and revenue per available room was up 7.9% to US$68.44.
Another von Essen sale: A former von Essen property, the 32-room Bishopstrow House in Wiltshire was sold to Longleat on Wednesday.
Accor expands in Singapore: A management contract was signed for the 132-room Sofitel So in Singapore on Tuesday.
Asia Pac travelers up: PATA reported on Tuesday that the amount of travelers to Asia Pacific destinations increased 6% year-on-year in August.