According to the Hotels.com® Hotel Price Index™ (HPI™), a bi-annual report of hotel prices in major city destinations across the globe, the price of a hotel room rose two percent in the second quarter of 2010, the first such increase since 2007.
STR announces the acquisition of Gerard Murphy & Associates (GMA), a firm specializing in market research studies and surveys, with particular emphasis on developing, marketing and conducting statistical evaluations of the meetings market, both in North America and Europe.