U.S. hotel performance increased from the previous week.
Berlin hotel performance improved in March
Berlin’s hotel industry reported month-over-month performance improvement.
Expo 2020 drove Dubai hotel occupancy above 90%
Driven by the final weeks of Expo 2020, Dubai’s hotel industry reported its first month of 90% or better occupancy since 2007.
U.S. hotel results for week ending 2 April
Reflecting continued seasonal slowing in spring break travel, U.S. hotel performance fell slightly from the previous week.
Australian Grand Prix lifting Melbourne hotel bookings to 29-month high
As of 4 April, the Thursday-Sunday (7-10 April) average in the market is 89% with a peak of 94% on Saturday night.
U.S. hotel profitability back on the rise after Omicron-induced dip
After falling to roughly US$20.00 in January, gross operating profit for U.S. hotels reached highest level in the metric since October 2021.
U.S. hotel results for week ending 26 March
With lower Spring Break travel volume, U.S. hotel performance dipped slightly from the previous week.
U.S. hotel results for week ending 19 March
Lifted by Spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019.
U.S. Spring Break destinations continue dominance with peak still to come
At the same time, major urban centers are seeing some return of transient business demand along with increases in group bookings.
Canada hotel performance rose in February amid loosened restrictions
Canada’s hotel industry reported higher performance from the month prior, along with better-indexed comparisons with 2019