AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

AUSTRALIAN HOTELS TROUNCE LONDON ON AFFORDABILITY: SURVEY.

AsiaPulse News

| July 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, July 1 Asia Pulse - Hotel accommodation in London costs 100 times the price of a Big Mac, but it only costs 45 times a local burger to stay in a Sydney hotel, a survey has found.

Jones Lang LaSalle Hotels' inaugural Hotel Affordability Index compares the average daily rate (ADR) of a city's hotel market with the local price of a Big Mac in local currency terms, as published by The Economist magazine.

The results showed London was by far the most expensive city in which domestic travellers could stay, at a price more than 100 times the local cost of a hamburger.

Asia Pacific markets were found to offer comparably cheaper hotel rooms than their overseas counterparts, with eighth-placed Hong Kong topping the region for affordability.

Sydney came in 18th with a rating of 43.6 times the price of one of the local hamburgers, making it more than twice as ...

Related articles from newspapers, magazines, journals, and more
Brazil - a Hot Spot for Counter-cyclical Hotel Investment, Reports Jones Lang...
Newspaper article from: Science Letter August 12, 2008 700+ words
Jones Lang LaSalle Hotels published a report that analyzes...opportunities (see also Jones Lang LaSalle Hotels). "Brazil is one of the few...director and CEO-Americas, Jones Lang LaSalle Hotels. "Brazil has been insulated from...
Hotel report details how to avoid development pitfalls.(Jones Lang/LaSalle...
Magazine article from: Real Estate Weekly March 27, 2002 700+ words
...Project & Development Services, Jones Lang LaSalle Hotels provides a how-to guide to avoid development...the U.S. Department of Labor. Jones Lang LaSalle's PDS team and Jones Lang LaSalle Hotels implemented an action plan, budget and...
Jones Lang LaSalle to market 3 hotels.(Jones Lang/LaSalle Hotels will market...
Magazine article from: Real Estate Weekly May 14, 2003 700+ words
Jones Lang LaSalle Hotels has been appointed to market the sale of a three-property, 506...said Art Adler, managing director and CEO -- Americas for Jones Lang LaSalle Hotels. The beaux-arts styled Mansfield is situated on 44th Street...
Jones Lang LaSalle Hotels releases report post Sept. 11.(Jones Lang/LaSalle...
Magazine article from: Real Estate Weekly November 28, 2001 700+ words
Jones Lang LaSalle Hotels has published the most recent version...senior vice president of Jones Lang LaSalle Hotels, "In the aftermath of any such...Americas managing director of Jones Lang LaSalle Hotels. "Also, the potential exists...
Press Reception Announcing the Latest Jones Lang LaSalle Hotels Global Hotel...
Press release article from: PR Newswire January 9, 2001 700+ words
Jones Lang LaSalle Hotels Will Also Present Proprietary Research...Investment and Lending Markets Jones Lang LaSalle Hotels, a global hospitality investment...hotel and resort properties, Jones Lang LaSalle Hotels' HISS identifies investors' intentions...
Networkers.(Jones Lang LaSalle Hotels's Rob Seabrook's employment and promotion...
Magazine article from: Property Week March 3, 2006 700+ words
* Jones Lang LaSalle Hotels is a hotel investment services...in New York. 1999 Joins Jones Lang LaSalle Hotels team in New York. 2000 Transfers...of the RICS. 1993 Joins Jones Lang LaSalle Hotels in valuations. Works with Arthur...
Magnificent Mile Hotel on the Market -- Westin Michigan Avenue Chicago Jones...
Press release article from: Business Wire February 14, 2001 700+ words
...Feb. 14, 2001 Jones Lang LaSalle Hotels has been appointed to arrange...Director, Americas, of Jones Lang LaSalle Hotels, there is considerable anticipated...Senior Vice President of Jones Lang LaSalle Hotels. "Backed by the current strength...
Jones Lang LaSalle Hotels uncovers opportunity in Canada.(Banking & Finance)
Magazine article from: Real Estate Weekly June 25, 2008 700+ words
Jones Lang LaSalle Hotels announced that the firm has published...executive vice president for Jones Lang LaSalle Hotels. "While often overlooked by hotel...research and marketing for Jones Lang LaSalle Hotels. "On the world stage, as the...
Planning clients' growth strategies propels Jones Lang LaSalle Hotels :...
Magazine article from: Hotel & Motel Management Nozar, Robert A. January 15, 2001 700+ words
...for North America at Jones Lang LaSalle Hotels, Adler and his team are responsible...Advising globally Now at Jones Lang LaSalle Hotels, Adler said the company is...decision." Adler said Jones Lang LaSalle Hotels has knowledge that encompasses...
Jones Lang LaSalle Hotels Opens Office in Shanghai.
News wire article from: SinoCast China Business Daily News October 18, 2006 700+ words
...October 19, SinoCast -- Jones Lang LaSalle Hotels, a global leading hotel investment...hotel market in Asia so Jones Lang LaSalle Hotels has solid confidence in growing...in the Asian market. Jones Lang LaSalle Hotels has opened 20 offices around...
For more facts and information, see all results

Source: HighBeam Research, AUSTRALIAN HOTELS TROUNCE LONDON ON AFFORDABILITY: SURVEY.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA