Tag: ARR

Sri Lanka Tourism in crisis: Managing and seeking out opportunities
Breaking Travel News

Sri Lanka Tourism in crisis: Managing and seeking out opportunities

Srilal Miththapala - eTN Sri Lanka Srilal Miththapala - eTN Sri Lanka- June 11, 2019

The Rapid Response Team by Safertourism reached out to Sri Lanka tourism authorities including the minister of tourism and industry ... Read More

Middle East & North Africa hotels: Occupancy surges, profits drop
Breaking Travel News

Middle East & North Africa hotels: Occupancy surges, profits drop

mm Chief Assignment Editor- May 31, 2019

Occupancy levels at hotels in the Middle East & North Africa surged to 78.2 percent in April, but it was ... Read More

UK hotels suffer their largest profit decline since late 2016
Hospitality Industry News

UK hotels suffer their largest profit decline since late 2016

mm Chief Assignment Editor- May 28, 2019

Hotels in the UK suffered their largest margin of year-on-year profit decline since late 2016, as ancillary revenues fell and ... Read More

Challenging start to 2019 for hotels in mainland Europe
Hotel & Resort News

Challenging start to 2019 for hotels in mainland Europe

mm Chief Assignment Editor- March 7, 2019

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in ... Read More

UK hotel profits drop due to rising costs
Hotel & Resort News

UK hotel profits drop due to rising costs

mm Chief Assignment Editor- February 28, 2019

Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due ... Read More

Indian Hotels Company continues to make waves in hospitality
Hotel & Resort News

Indian Hotels Company continues to make waves in hospitality

editor editor- February 12, 2019

The Indian Hotels Company Limited (IHCL), a South Asia hospitality company, reported its consolidated and standalone financials for the third ... Read More