pricing
US performance records past and present
With the favorable supply and demand dynamics in the hotel industry, US performance records are being broken month after month, according to data from STR. It’s almost like the steroid […]
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 […]
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 […]
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 […]
MEA hotels increase revPAR, ADR and occupancy
STR Global reports that hotels in the Middle East and Africa region reported positive results in three key performance metrics in their compiled July 2015 data. The biggest rise by […]
Experts weigh in on how to disclose resort fees
Whether to bundle resort fees into room rates or separate them is a source of debate in the hotel industry, but experts agree that transparency and full disclosure are musts. […]
Top five things GMs need to know about revenue
In today’s seemingly ever-changing hospitality market, hotel general managers (GMs) have become the key collaborators linking marketing, sales, reservations and e-commerce divisions within a property. NB This is a guest […]