Tag: REVPar

Benchmark names new Director of Sales & Marketing, Lake Arrowhead Resort & Spa
People in Travel & Tourism

Benchmark names new Director of Sales & Marketing, Lake Arrowhead Resort & Spa

mm Chief Assignment Editor- June 11, 2019

Benchmark has named Donna Esparza director of sales & marketing for Lake Arrowhead Resort and Spa, a Benchmark Resorts & ... Read More

Naumi Hotels expands its presence in Australasia, acquires The Dairy Private Hotel
Breaking Travel News

Naumi Hotels expands its presence in Australasia, acquires The Dairy Private Hotel

mm Chief Assignment Editor- June 6, 2019

Naumi Hotels – Singapore-based private hotel owner and operator, announced today that it is expanding its presence in Australasia with ... 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

European hotels’ profits down for a fifth consecutive month
Hotel & Resort News

European hotels’ profits down for a fifth consecutive month

mm Chief Assignment Editor- May 29, 2019

Profit per room at hotels in mainland Europe fell for a fifth consecutive month in April, as revenue levels continued ... 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

Hawaii hotels report lower revenue, lower occupancy, higher daily rate in April 2019
Hawaii Travel News

Hawaii hotels report lower revenue, lower occupancy, higher daily rate in April 2019

mm Chief Assignment Editor- May 21, 2019

In April 2019, Hawaii hotels statewide reported lower revenue per available room (RevPAR), with higher average daily rate (ADR) and ... Read More

Hawaii hotels: Flat average daily rate, lower occupancy so far in 2019
Hawaii Travel News

Hawaii hotels: Flat average daily rate, lower occupancy so far in 2019

mm Chief Assignment Editor- April 24, 2019

For the first three months of 2019, Hawaii hotels statewide reported flat average daily rate (ADR) and lower occupancy, which ... Read More

PM Hotel Group announces senior leadership promotions
People in Travel & Tourism

PM Hotel Group announces senior leadership promotions

mm Chief Assignment Editor- April 9, 2019

PM Hotel Group today announced three senior leadership promotions. The company's executive team is expanding with the promotions of Seon ... Read More

Hawaii Tourism: Hawaii hotels’ occupancy, revenue down in February 2019
Hawaii Travel News

Hawaii Tourism: Hawaii hotels’ occupancy, revenue down in February 2019

mm Chief Assignment Editor- March 25, 2019

In February 2019, Hawaii hotels statewide reported decreases in both average daily rate (ADR) and occupancy, which resulted in lower ... Read More

New Cambria hotels planned for Detroit and Portland, Maine
Hotel & Resort News

New Cambria hotels planned for Detroit and Portland, Maine

mm Chief Assignment Editor- March 22, 2019

Choice Hotels International, Inc. inked agreements with Koucar Management to develop new Cambria hotels in Detroit and Portland, Maine. The ... 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

Hawaii hotel performance overall declined
Hawaii Travel News

Hawaii hotel performance overall declined

editor editor- February 26, 2019

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

Gulf Hotels Group brings Bahraini hospitality to the UAE
Breaking Travel News

Gulf Hotels Group brings Bahraini hospitality to the UAE

mm Chief Assignment Editor- February 19, 2019

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

2018 second consecutive year of large gains for European hotels
Breaking Travel News

2018 second consecutive year of large gains for European hotels

mm Chief Assignment Editor- February 1, 2019

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 ... Read More

How did Hawaii hotels perform in 2018?
Hawaii Travel News

How did Hawaii hotels perform in 2018?

editor editor- January 25, 2019

Hawaii hotels statewide concluded 2018 with modest increases in revenue per available room (RevPAR) and average daily rate (ADR), and ... Read More

Commercial demand helps European hotels’ profit growth in November
Breaking Travel News

Commercial demand helps European hotels’ profit growth in November

mm Chief Assignment Editor- January 15, 2019

Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a ... Read More

UK hotels: Second consecutive month of profit growth in November
Breaking Travel News

UK hotels: Second consecutive month of profit growth in November

mm Chief Assignment Editor- January 10, 2019

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

Hawaii hotels: Flat growth
Breaking Travel News

Hawaii hotels: Flat growth

editor editor- December 21, 2018

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

Profit slide continues for Middle East & North Africa hotels
Breaking Travel News

Profit slide continues for Middle East & North Africa hotels

mm Chief Assignment Editor- December 4, 2018

Waning revenues and rising costs have conspired to hobble profit per room at hotels in the Middle East & North ... Read More

People in Travel & Tourism

Embassy Suites Birmingham Alabama welcomes new General Manager

mm Chief Assignment Editor- December 4, 2018

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

US hotel industry occupancy increases
Travel News

US hotel industry occupancy increases

editor editor- May 17, 2010

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 ... Read More

Steve Pinchuk on the usage of metrics for yielding and accounting
Travel News

Steve Pinchuk on the usage of metrics for yielding and accounting

editor editor- March 11, 2010

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

Attendees of STR’s inaugural Hotel Data Conference predict RevPAR recovery in mid 2010 and beyond
Travel News

Attendees of STR’s inaugural Hotel Data Conference predict RevPAR recovery in mid 2010 and beyond

editor editor- August 8, 2009

More than 50 percent of attendees who participated in a survey at STR's inaugural Hotel Data Conference presented by Magnuson ... Read More

Travel News

The light at the end of the tunnel appears for US lodging demand

editor editor- June 12, 2009

PKF Hospitality Research (PKF-HR) announced today that, according to its June 2009 edition of Hotel Horizons(R), rooms revenue per available ... Read More

Oil-rich kingdom trying to get tourist-rich
Travel News

Oil-rich kingdom trying to get tourist-rich

editor editor- April 13, 2009

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

US hotel industry begins 2009 in the red
Travel News

US hotel industry begins 2009 in the red

editor editor- January 12, 2009

The hotel industry in the United States experienced declines in three key performance measurements during the week of 28 December ... Read More

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

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

editor editor- May 15, 2008

DUBAI, United Arab Emirates (eTN) - When Jean-Claude Baumgarten, president of the World Travel and Tourism Council, sounded as though ... Read More

2008 is bumpy for US hotel business
Travel News

2008 is bumpy for US hotel business

editor editor- February 5, 2008

Los Angeles, California (eTN) - At the Americas Lodging Investment Summit (ALIS) held last week in L.A., top hotel experts ... Read More