Amid recent COVID-19 outbreaks and lockdowns, key markets in Australia are showing noticeably lower levels of occupancy.
Restrictions push Lima’s hotel occupancy down
Recent COVID-19 restrictions pushed Lima’s hotel occupancy down after the market had reached a six-month high in April.
U.S. hotel results for week ending 28 November
U.S. weekly hotel occupancy fell to its lowest level since late May, according to the latest data from STR through 28 November.
Coronavirus: Occupancy falls 75% over 2 weeks
Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV).
HotStats: U.S. hotel industry resilient, GOPPAR up in September
The third quarter ended on a high note for U.S. hotels, as September profit per room climbed year-over-year, indication that the current cycle still has teeth.
What’s your plan for the next travel recession?
You need to be ready, here is how to avoid making time-sensitive bad decisions at the next down-turn.
AccorHotels’ performance improves as France’s first-quarter revenue revives
Last year,ÊParis-based AccorHotels blamed terror attacks in France for a revenue decline in the first quarter of 2016. Things are looking brighter now: AccorHotelsÕ revenue has improved slightly despite the recent hotel occupancy slump in France, one of the company’sÊhighest-earning markets. First-quarter occupancy and performance rates increased in France, Germany and Britain.
