room rates

Helped by the Australian Open, Melbourne's hospitality industry reported its highest pandemic-era room rates, according to January 2022 preliminary data from STR. Occupancy: 40.8% Average daily rate (ADR): 204.21 AUD Revenue per…

LONDON - Reflecting the onset of summer and the impact of the holiday season, Sydney's hospitality industry reported its highest pandemic-era room rates, according to preliminary December 2021 data from STR . Occupancy: 45.0% Average…

The market's absolute ADR level was the highest of any month since December 2019, while occupancy and RevPAR were the highest since May and April…

December turned out to be a hectic month for destinations in Dubai. And…

JEDDAH: This month's first Saudi Arabian Formula 1 Grand Prix helped push hotel room rates to record highs in Jeddah, while occupancy was at the highest level since 2018.The average daily rate at hotels in Jeddah on December 4, a day before…

Skift grip Inflation in travel sectors like hospitality is not a concern at the moment, as it continues to signal that demand is returning after the record performance of the first months of the pandemic.…

Hotel rates in 2022 are expected to rise 13% globally year-over-year and another 10% in 2023, according to global business travel forecasts released Wednesday by CWT and the Global Business Travel Association.The seventh annual edition of…

Hotel rates are expected to increase 13% globally in 2022 and a further 10% in 2023, according to the global business travel forecast released today by CWT and the Global Business Travel Association.The seventh annual edition of the…

(Bloomberg)—Hilton Worldwide Holdings Inc. chief executive Christopher Nassetta says hotels are inflation-protected thanks to the same dynamic that has made the lodging industry one of the…

(Bloomberg) - Hilton Worldwide Holdings Inc. CEO Christopher Nassetta says hotels are hedged against inflation thanks to the same momentum that has made the accommodation industry one of the biggest losers at the start of the Covid-19…

TEXARKANA - Hotel rates have been trending upward since midsummer in many parts of the country due, in part, to pent-up demand from the pandemic, travelers' willingness to spend more and pressures inflationary. But the rise does not…

Much like the 2021 hotel request for proposal cycle, this year's trading season is significantly different from the pre-pandemic season. Many hotel companies have offered to extend 2020 rates for a second year, and some buyers - although…

October will be a month for the debuts - the Expo and for 'Ain Dubai'…

HONOLULU (KHON2) — The rebound in tourism over the summer months has come to an abrupt halt. People in the hospitality industry said travel typically slows during the fall, but rising COVID cases and the governor's message to…

It could change the way hotels operate in the future. Traveling is an exciting part of our life. I can't imagine what it would have been like to stay in one place just because traveling was too expensive, time consuming or even dangerous.…

The Dubai Expo, due to start on October 1, only added to their concerns as hotel room rates were raised in anticipation of a tourist rush for the mega fair. The October leg of IPL 2021 collides with Expo Dubai. This set aside the BCCI…

After a year of empty hotel rooms, as many potential travelers have stayed as close to home as possible due to the pandemic, Midcoast hotels, motels and vacation rental businesses are seeing a surge in bookings for the summer With the…

Passengers wearing face masks as a preventative measure against the spread of Covid-19 are seen on an escalator at Orlando International Airport.Paul Hennessy | LightRocket | Getty ImagesThe number of people traveling again is…

2020 is over, the holidays are over and we are in the cold doldrums of a gray and dreary Pacific Northwest winter on top of COVID-19. We could all use a little relaxation, fun, and self-care right now. If you think Valentine's Day will…

City hotels are offering alternative arrangements to continue…

PUNE: Popular vacation destinations are experiencing a year-end rush, which has caused hotel room rates to skyrocket. Compared to the post-Diwali period, upscale hotels in hotspots like Mahabaleshwar, Goa and Lonavla are seeing a 40-60%…

The volume of hotel bookings in Australia increased through October to exceed the global average, according to a new study. Colliers International's Australian hotel markets performance dashboard showed hotel bookings in Australia were at…

The pandemic is expected to wipe out about a decade of RevPAR gains for the U.S. hotel industry, hotel data firm STR reported on Tuesday, with nationwide room demand and the Average Daily Rate (ADR) unlikely to return to low levels. 2019…

This year's current hotel request for proposal season will be unlike any other, thanks to the effect of the Covid-19 pandemic on the industry and the resulting uncertainty. Yet the average rate negotiated by U.S. companies in 2021…

Posted: Jun 26, 2020, 12:41 p.m. Last update on: June 26, 2020, 02:19 p.m.…

Despite buying power reduced by lockdowns and weak market confidence, Thai domestic travelers have shown a clear propensity for prepaid hotel bookings, nearby vacations, and Airbnb stays. Attempts by Thai hospitality…

As online shopping options multiply, major hotel groups have struggled to keep pace. Hospitality companies want to manage the discounts that are displayed on various sites and apps. Over the past year, IHG (InterContinental Hotels…

Recently, Google announced the testing of a new brand promise for its Flights product: a “lowest fare” price guarantee that offers cash refunds to travelers for overpayments on certain routes. If the!-->…

Visitors to Las Vegas may think twice before booking a stay the second week of January. CES 2020, a convention focused on consumer technology, will be held at the Las Vegas Convention Center from January 7-10. The event is expected…

A quick glance at the travel expenses from your last trip will likely reveal that one of the most important items is accommodation. A hotel is usually a travel necessity, but it's also more than just a place to store your luggage, take a…

ANAHEIM, Calif .-- To celebrate 2019, Disneyland is offering special three-day tickets to residents of Southern California.Starting January 7, eligible guests can visit either park or both parks at special rates for three-day tickets. In…

The school calendar says summer is over. The thermometer in Phoenix, not so much.What should a heat-sick Phoenician do? Jump into someone else's pool and order room service with the A / C turned down to 65.Labor Day weekend offers a last…

Like so many visitors to Nashville, entertainment lawyer Eric Griffin rarely has the ability to book reasonably priced hotel rooms for his clients.He reviews short-term rental listings, online booking sites, and promotions before settling…

Is the scale about to tip in the side of hotels in their enemy relationships with online travel agencies in Europe? Under pressure from the hotel industry and competition authorities in several European countries, Booking.com and Expedia…