rooms
U.S. RevPAR outlook remains strong despite lag in economic indicators
PricewaterhouseCoopers has released its regular outlook report for the U.S. lodging industry, where it has been strong in occupancy and RevPAR. In fact, a higher-than-expected occupancy rate allowed the industry […]
HotStats MENA Chain Hotels Market Review – April 2015
In April, a 10.8 percentage point reduction in occupancy levels to 62.3% had a direct impact on the performance of Amman hotels. The lower demand during the month saw both […]
Omni Hotels adds flexibility to mobile booking with courtesy hold
In a reflection of how mobile is increasingly being used to research travel plans in advance, Omni Hotels & Resorts claims to be the first luxury hotel brand to offer […]
PwC US expects another year of solid RevPAR growth in 2015
An updated lodging forecast released today by PwC US expects another year of solid revenue per available room (“RevPAR”) growth in 2015, with a stronger-than-previously-expected increase in occupancy levels, offset by softer […]
PwC US expects another year of solid RevPAR growth in 2015
An updated lodging forecast released today by PwC US expects another year of solid revenue per available room (“RevPAR”) growth in 2015, with a stronger-than-previously-expected increase in occupancy levels, offset by softer […]
Middle East still strong despite dip in data
Don’t let softness in first-quarter performance data in the Middle East fool you. The region as a whole still posts some of the strongest numbers in the global hotel industry […]
U.S. Hotel Supply Growth Still in Check with Demand
Years of rising average daily rates and demand, among other factors, have made the ground fertile for new hotel supply. How will the growing pipeline of new hotels impact hotel […]
ADR, not occupancy, drives RevPAR, study finds
Price positioning plays a larger role in driving revpar than does occupancy for European hotels, according to a recent study titled “Competitive hotel pricing in Europe: An exploration of strategic […]
Business travel demand drives APAC room rates up in Q1
Hotel room rates were mostly up across the board in Asia-Pacific as business tourism surged this quarter, according to HRS Hotel Price Radar. Macau, Sydney and Hong Kong were found […]
Pricing-only approach to revenue management: Are you leaving money on the table?
The latest thinking is that in the current multichannel price-transparent world revenue management needs to consider availability in conjunction with rates. NB: This is an analysis by Alex Dietz, Advisory […]
