Suisse : Switzerland hotels report mixed results
STR Global, the leading provider of market data to the hotel industry, is delighted to announce the renewal of its agreement with hotelleriesuisse, the Swiss Hotel Association, representing more than 2,100 hotels in Switzerland.
We are delighted to continue our cooperation with hotelleriesuisse, supporting the association and hoteliers with our data and reports, said Elizabeth Randall, managing director at STR Global. We hope that our reports will help hotel managers to keep an overview of the market and help them in their strategic decisions.
With the main demand for Swiss hotels coming from Europe, the country's industry has been dealing with a tougher economic environment across Europe and the additional strengthening of the Swiss franc, Randall said. Not surprisingly, the Switzerland hotel market reported mixed results in 2011.