Reflecting the end of lockdown and eased travel restrictions, Melbourne’s hotel industry reported its highest room rates of the pandemic-era.
F1 Grand Prix lifted Jeddah hotels to record-breaking performance
Lifted by the Saudi Arabian Grand Prix, Jeddah’s hotel industry reported its highest ADR and RevPAR on record.
U.S. hotel results for week ending 4 December
U.S. hotel occupancy increased from the previous week, but performance comparisons with 2019 were lower.
U.S. hotel results for week ending 27 November
U.S. hotel performance came in higher than any other Thanksgiving week on record.
U.S. hotel results for week ending 13 November
U.S. hotel performance increased slightly from the previous week.
Emerging revenue management KPIs you need to know
Given the largescale market disruption over the past two years, it is important that hotels set KPIs relative to competitor performance to measure their success relative to the market they operate within.
Expo lifted Dubai hotel rates to three-year high in October
Lifted by the opening of Expo 2020, Dubai’s hotel industry reported its highest monthly room rates since 2018.
U.S. hotel demand and ADR will near full recovery in 2022
U.S. hotel demand, as well as average daily rate (ADR) on a nominal basis, will be near full recovery in 2022.
Brazil hotel ADR higher than 2019 levels
Brazil’s hotel industry has surpassed its 2019 comparables in ADR for two of the last three months.
U.S. hotel results for week ending 25 September
U.S. hotel occupancy remained relatively flat week over week, while average daily rate rose.
