Topic: Revenue Per Available Room
Revenue per available room is expected to grow this year in the U.S., but it won’t be as strong as in past years.
Limited-service hotels don’t seem to be falling out of investors’ favor anytime soon, according to recent research.
ADR growth in Manhattan fell 3.3 percent in Q3 as more price-sensitive leisure guests took precedence over business travelers during summer.
Occupancy for U.S. hotels is trending downward. Here’s what hoteliers need to know.
Colliers credits the RevPAR growth to seven months of improved security perception, the return of charter flights and a surge in international leisure demand.
U.S. occupancy declined in July for the first time in the past 12 months, but that’s not the industry’s new normal.
TRevPAR at hotels in the UK rose 5.6 percent year-over-year to £162.48, thanks to RevPAR and non-rooms revenue growth.
Industry analysts have updated their forecasts once again, spelling more great news for the U.S. hotel sector.
London hotels in July recorded the highest ADR and RevPAR levels for any month.
Decreasing non-rooms revenues and rising costs contributed to the 2.3-percent decrease in GOPPAR at hotels in the Middle East and Africa.