Record Performance in May for Abu Dhabi Hotels
Guest Numbers and Nights, Length-Of-Stay, Occupancy and Revenues Climb – India Leap Frogs U.K. As Emirates Largest Overseas Guest Market
the source for hotel and hospitality trends
Guest Numbers and Nights, Length-Of-Stay, Occupancy and Revenues Climb – India Leap Frogs U.K. As Emirates Largest Overseas Guest Market
Hotels Experiencing Gains Across all Travel Segments
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
In year-over-year comparisons, occupancy rose 0.5 percent to 72.5 percent, average daily rate increased 4.1 percent to US$111.64 and revenue per available room grew 4.6 percent to US$80.96.
While Moscow performance looks negative with revenue per available room (RevPar) decreasing 1.4%, Prague manages to increase RevPar by 7.2%. However, as is increasingly the case with RevPAR as a performance measure, this first impression is misleading when taking account of total revenue generation and profitability performance.
In year-over-year comparisons, occupancy rose 0.3 percent to 72.5 percent, average daily rate was up 1.0 percent to CAD$136.19 and revenue per available room increased 1.3 percent to CAD$98.76.
e-forecasting.com Releases May Monthly Hotel Forecasts For Multiple UK Destinations And German Markets
Hoteliers in London saw a second month of profit growth this year (+2.6%) mainly driven by room revenue increases of 2.6%, according to the latest HotStats survey of approximately 625 full-service hotels across the UK.
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
The Middle East and Africa region reported a 4.1-percent increase in occupancy to 62.7 percent, a 5.5-percent increase in average daily rate to US$152.29 and a 9.8-percent increase in revenue per available room to US$95.50.