Rooms revenue greatest source for Caribbean properties
Caribbean hotels are enjoying their continued run of double-digit net operating income (NOI) growth according to the newly released 2015 edition of Trends® in the Caribbean Hotel Industry by PKF […]
Addis Ababa has highest hotel rates
A survey of prices of international grade hotels in selected major African cities, produced by hospitality research firm STR Global ahead of the Africa Hotel Investment Forum (AHIF), has revealed that […]
Big Data, Big Analytics and Big Revenue
There has never been a more complex time to practise revenue management in Asia: Changing guest behaviours, the evolving and increasingly intricate nature of distribution channels and an abundance of […]
UAE hotels see strengthening RevPAR in July
Abu Dhabi Hotels reported a 27.2% growth in revenue per available room (RevPAR) to US$73.01 in July, driven by a 10.5 percentage point rise in occupancy levels to 60.8%. The […]
Barcelona and Paris hotels achieved increases in GOPPAR
According to Hotstats July 2015 European Hotels Market Review both Barcelona and Paris hotels achieved noteworthy yearon-year increases in gross operating profit per available room (GOPPAR) in July by 24.9% […]
North East Hotels record a 3.3% increase in GOPPAR
According to Hotstats July 2015 UK Chain Hotels review the UK provincial hotel market registered positive year-on-year movements across all key performance indicators for the month of July. Hotels in […]
Savvy Independent Operators Drive Loyalty and Revenue
Smart independent operators know their guests are online – and are reaching them there to increase loyalty and revenue. Here is how. “We know our guests and keep them coming […]
Hotel Rates, Occupancy Rise Around The World
Occupancy and average daily hotel rates increased year over year in all four global regions during July, according to STR Global. In the Americas, ADR increased 5.8 percent to $124.78 […]
The Impact of RevPAR Growth on Profit
ProPAR Graph Earlier this year, Hotel Appraisers & Advisors published an article summarizing how several hundred hotels performed, ranked by House Profit per available room (ProPAR). The article then compared […]
ADR Growth Expected to Drive US Lodging
An updated lodging forecast released today by PwC US expects average daily rate (“ADR”) to drive revenue per available room (“RevPAR”) increases in a more meaningful way through the second-half […]