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Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in...
Hilton announced today the appointment of Jose M. Pereira as General Manager of Embassy Suites Birmingham Alabama, effective immediately. Pereira will lead the...
Revenue management professionals quite often get into the RevPAR vs. GOPPAR debate.
More than 50 percent of attendees who participated in a survey at STR's inaugural Hotel Data Conference presented by Magnuson Hotels on August 4-5 believe the industry's revenue per available room wil
PKF Hospitality Research (PKF-HR) announced today that, according to its June 2009 edition of Hotel Horizons(R), rooms revenue per available room (RevPAR) will reach its cyclical low point in the thir
DUBAI, United Arab Emirates (eTN) - When Jean-Claude Baumgarten, president of the World Travel and Tourism Council, sounded as though he was just joking, he truly wasn’t. He warned the US to take heed of the signs of the times sometime in January. He left with this remark: “In the past, when America sneezes, Europe catches a cold and the rest of the world dies of pneumonia.
Los Angeles, California (eTN) - At the Americas Lodging Investment Summit (ALIS) held last week in L.A., top hotel experts forecast industry meltdown in the days of the current, or impending recession. Main implications for 2008 show occupancy rates; average rates and revenues softening moderately in the US, according to the Oxford Economics.