rooms
US: Hotel performance for July 2015
The U.S. hotel industry reported positive results in the three key performance metrics during July 2015, according to data from STR, Inc. In year-over-year results, the U.S. hotel industry’s occupancy was […]
Europe: ADR drives RevPAR
Strong revenue per available room performance across Europe, largely driven by average daily rate, is underpinning robust regional hotel performance, according to data from STR Global. In a data presentation at […]
Asia/Pacific: Performance is ‘flat’
“Flat” is the word Sarah Duignan, director of account management for STR Global, used to describe hotel performance across the Asia/Pacific region year to date through June. Presenting global hotel performance […]
Rigorous Revenue Management Collide With 2016 RFP Season
In February, a handful of DHL board members traveled to Miami, some from out of the country. Weeks in advance of the meeting, the CEO’s executive assistant had reserved rooms […]
As Airbnb grows, hotel prices to drop
Hotels are already feeling the effects of Airbnb’s approach to room rentals, but continued growth could force the hotels to lower room prices. By the end of 2016, Merrill Lynch […]
France’s end to rate parity creates grey areas
A new law creates carte blanche on room prices but a big legal “grey area” and mounting conflicts between hotels and OTAs. Some have declared it the equivalent of the […]
Aberdeen hotel market robust despite dip
The center of the United Kingdom’s energy industry, Aberdeen, on the North Sea on the eastern coast of Scotland, has seen a dip in industry performance in the first half […]
TravelClick Data Shows Transient ADR Growth
Consumers used both “new school” and “old school” approaches to booking hotel rooms for business and leisure travel in Q2 2015. According to data from the TravelClick North American Distribution […]
Edinburgh hotel prices most expensive in Europe
Hotel prices in Edinburgh have increased by 39% this August mainly due to the simultaneously running Edinburgh International Festival and Edinburgh Festival Fringe. This is according to Trivago’s latest Hotel […]
Airbnb formidable competitor to NYC hotels
According to an analysis by STR, Inc., Airbnb’s presence and rates across New York, New York, make the short-term rental company a formidable competitor to the market’s hotel industry. As […]