Bates Smart’s multi-million-dollar top to tail transformation of the 144-room Adina Town Hall Sydney is timeless, sophisticated and aims to create a beautiful, liveable space that will make guests return time and time again to the inner-city address.
Europe’s key hotel markets showed improved profitability in February
Europe’s key hotel markets reported month-over-month improvement in gross operating profit per available room (GOPPAR), according to STR‘s February 2023 P&L data release.
Baird/STR Hotel Stock Index fell 2.5% in February
The Baird/STR Hotel Stock Index fell 2.5% in February to a level of 5,541.
Riyadh hotels post highest February occupancy since 2008
Riyadh’s hotel occupancy was its highest for a February since 2008, according to preliminary data from STR.
Madrid hotel industry reported higher performance in February
Aligned with historical trends for the market, Madrid’s hotel industry reported higher performance from the month prior, according to preliminary February 2023 data from STR.
U.S. hotel results for week ending 25 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 25 February.
U.S. hotel results for week ending 18 February
U.S. hotel performance increased from the previous week, according to STR‘s latest data through 18 February.
U.S. hotel results for week ending 4 February
U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 4 February.