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Examples
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Midscale, limited-service hotels are the best fit for such small projects because they don't require the space luxury hotels do for ballrooms, spas and larger guest rooms.
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Within the chain scale segment, projects for the unaffiliated segment dropped 23.1 percent and for the Midscale without food and beverage segment dropped 25.8 percent, representing the smallest decrease in rooms in the total active pipeline.
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Of the more than 27,300 new rooms opened in 2009, for example, more than 80% were in the Economy and Midscale segments and 81% concerned asset-light ownership structures based on variable-rent leases, management contracts or franchise agreements.
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Among the Chain Scale segments, the Midscale without Food and Beverage segment accounted for the largest portion of the total active pipeline with
TravelDailyNews.com 2010
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In all, revenue declined by 6. 1% in the Economy segment, 11. 5% in Upscale and Midscale hotels, and 13. 8% in the US Economy segment, which has yet to show any signs of a recovery.
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Other recommended ground-based research projects include the formation of a Midscale
PhysOrg.com - latest science and technology news stories 2010
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The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline with 2.3 percent and 5,503 rooms.
TravelDailyNews.com 2010
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Response ratios stood at 53. 3% in the Upscale and Midscale segment and 37% in the Economy segment.
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The Midscale without Food and Beverage segment made up the smallest portion of the total active pipeline with 2.3 percent and 5,503 rooms.
TravelDailyNews.com 2010
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To optimize earnings, Accor is focusing its expansion capital expenditure on the Economy Hotels outside the US segment and emphasizing asset-light operating structures in the Upscale and Midscale segment.
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