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Challenging start to 2019 for hotels in mainland Europe

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August...

UK hotel profits drop due to rising costs

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 to rising costs, according...

Hawaii hotel performance overall declined

In January 2019, Hawaii hotels statewide reported a small increase in average daily rate (ADR) but a decrease in occupancy resulted in lower revenue...

Gulf Hotels Group brings Bahraini hospitality to the UAE

Gulf Hotels Group (GHG), Bahrain’s home-grown hospitality provider, has announced the official opening of its first UAE property, The Gulf Court Hotel Business Bay....

2018 second consecutive year of large gains for European hotels

Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second...

How did Hawaii hotels perform in 2018?

Hawaii hotels statewide concluded 2018 with modest increases in revenue per available room (RevPAR) and average daily rate (ADR), and a small decrease in occupancy.

Commercial demand helps European hotels’ profit growth in November

Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.2-percent year-on-year increase in...

UK hotels: Second consecutive month of profit growth in November

Building on October’s GOPPAR gains, UK hotels successfully produced a second consecutive month of profit growth in November, positioning hotels in the region to...

Hawaii hotels: Flat growth

Hawaii hotels statewide reported no growth in revenue per available room (RevPAR)

Profit slide continues for Middle East & North Africa hotels

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North Africa, as GOPPAR in...

Embassy Suites Birmingham Alabama welcomes new General Manager

Hilton announced today the appointment of Jose M. Pereira as General Manager of Embassy Suites Birmingham Alabama, effective immediately. Pereira will lead the...

US hotel industry occupancy increases

In year-over-year measurements, the US hotel industry’s occupancy increased 6.4 percent to 57.0 percent, with New Orleans, Louisiana coming in with the largest increases for the week of May 2-8, 201

Steve Pinchuk on the usage of metrics for yielding and accounting

Revenue management professionals quite often get into the RevPAR vs. GOPPAR debate.

The decade of delusion

Good riddance to the decade of delusion.

Attendees of STR’s inaugural Hotel Data Conference predict RevPAR recovery in...

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

The light at the end of the tunnel appears for US...

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

Oil-rich kingdom trying to get tourist-rich

Of all nations in the world, Saudi Arabia has so far suffered the least from the global crisis.

US hotel industry begins 2009 in the red

The hotel industry in the United States experienced declines in three key performance measurements during the week of 28 December 2008-03 January 2009, according to data from the Smith Travel Research

US economic slowdown: Coming to an end or just beginning?

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.

2008 is bumpy for US hotel business

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.
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