Tag: REVPar

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

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

Chief Assignment Editor Chief Assignment Editor- June 11, 2019 18:32 0

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

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

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

Chief Assignment Editor Chief Assignment Editor- June 6, 2019 02:13 0

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

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

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

Chief Assignment Editor Chief Assignment Editor- May 31, 2019 15:15 0

Occupancy levels at hotels in the Middle East & North Africa surged to 78.2 percent in April, but it was not enough to prevent profit ... Read More

European hotels’ profits down for a fifth consecutive month

European hotels’ profits down for a fifth consecutive month

Chief Assignment Editor Chief Assignment Editor- May 29, 2019 17:55 0

Profit per room at hotels in mainland Europe fell for a fifth consecutive month in April, as revenue levels continued to weaken across all departments, ... Read More

UK hotels suffer their largest profit decline since late 2016

UK hotels suffer their largest profit decline since late 2016

Chief Assignment Editor Chief Assignment Editor- May 28, 2019 16:01 0

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

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

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

Chief Assignment Editor Chief Assignment Editor- May 21, 2019 01:15 1

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

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

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

Chief Assignment Editor Chief Assignment Editor- April 24, 2019 19:17 0

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

PM Hotel Group announces senior leadership promotions

PM Hotel Group announces senior leadership promotions

Chief Assignment Editor Chief Assignment Editor- April 9, 2019 17:50 0

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

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

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

Chief Assignment Editor Chief Assignment Editor- March 25, 2019 19:55 0

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

New Cambria hotels planned for Detroit and Portland, Maine

New Cambria hotels planned for Detroit and Portland, Maine

Chief Assignment Editor Chief Assignment Editor- March 22, 2019 00:20 0

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

Challenging start to 2019 for hotels in mainland Europe

Challenging start to 2019 for hotels in mainland Europe

Chief Assignment Editor Chief Assignment Editor- March 7, 2019 17:30 0

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 2016—as ... Read More

UK hotel profits drop due to rising costs

UK hotel profits drop due to rising costs

Chief Assignment Editor Chief Assignment Editor- February 28, 2019 22:15 0

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 to ... Read More

Hawaii hotel performance overall declined

Hawaii hotel performance overall declined

editor editor- February 26, 2019 22:36 0

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

Gulf Hotels Group brings Bahraini hospitality to the UAE

Gulf Hotels Group brings Bahraini hospitality to the UAE

Chief Assignment Editor Chief Assignment Editor- February 19, 2019 16:10 0

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. The ... Read More

2018 second consecutive year of large gains for European hotels

2018 second consecutive year of large gains for European hotels

Chief Assignment Editor Chief Assignment Editor- February 1, 2019 21:20 0

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 consecutive ... Read More

How did Hawaii hotels perform in 2018?

How did Hawaii hotels perform in 2018?

editor editor- January 25, 2019 21:56 2

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. Read More

Commercial demand helps European hotels’ profit growth in November

Commercial demand helps European hotels’ profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 15, 2019 18:25 0

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 profit ... Read More

UK hotels: Second consecutive month of profit growth in November

UK hotels: Second consecutive month of profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 10, 2019 00:25 0

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 achieve ... Read More

Hawaii hotels: Flat growth

Hawaii hotels: Flat growth

editor editor- December 21, 2018 21:41 0

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

Profit slide continues for Middle East & North Africa hotels

Profit slide continues for Middle East & North Africa hotels

Chief Assignment Editor Chief Assignment Editor- December 4, 2018 09:10 0

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

Embassy Suites Birmingham Alabama welcomes new General Manager

Chief Assignment Editor Chief Assignment Editor- December 4, 2018 08:02 0

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

US hotel industry occupancy increases

US hotel industry occupancy increases

editor editor- May 17, 2010 04:54 0

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 ... Read More

Steve Pinchuk on the usage of metrics for yielding and accounting

Steve Pinchuk on the usage of metrics for yielding and accounting

editor editor- March 11, 2010 09:03 0

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

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

editor editor- August 8, 2009 05:19 0

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 ... Read More

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

editor editor- June 12, 2009 06:02 0

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 ... Read More

Oil-rich kingdom trying to get tourist-rich

Oil-rich kingdom trying to get tourist-rich

editor editor- April 13, 2009 10:07 0

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

US hotel industry begins 2009 in the red

editor editor- January 12, 2009 06:53 0

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 ... Read More

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

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

editor editor- May 15, 2008 11:10 0

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 ... Read More

2008 is bumpy for US hotel business

2008 is bumpy for US hotel business

editor editor- February 5, 2008 02:32 0

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 ... Read More

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