Hotels in mainland Europe recorded their first year-over-year increase in profit per room in May, according to HotStats.
After a YOY drop in gross operating profit per available room in April, total profit was back up in May, according to HotStats’ latest data.
Looking at data from the past decade, JLL analyzes which resort size performs best in occupancy, ADR, RevPAR and overall profit.
The growing Eugene, Ore.-based company Obie Hospitality has appointed David Parker director of revenue.
Hotel revenue rose during the first quarter of the year, but deal volume fell by the double digits. A recent report helps shine a light on the whole story.
TravelClick forecasts that a 1.2 percent rise in average daily rate will lessen the impact of a 2.2 percent drop in occupancy in Q2 2019.
Hoteliers looking to offer coworking space have a lot to consider, from how much to charge to ensuring users physical safety and digital security.
Priya Chandnani, Benchmark’s new vice president of revenue management, has more than a decade of experience in hospitality revenue management.
Jennifer Schneider will help oversee the performance of the revenue-management system across the company’s American hotels.
To meet travelers’ demands, owners and operators are looking at consumer desires through a new lens.