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asianhospitality

STR: King holiday drags U.S. hotel performance in week of Jan. 21 - 0 views

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    U.S. HOTEL PERFORMANCE was down in the third week of January compared to the week before on account of the Martin Luther King Jr. holiday, according to STR. Occupancy was 54.2 percent for the week ending Jan. 21, slightly down from 54.8 percent the week before and decreased 6.2 percent from 2019. ADR was $140.16 during the week, dropped from $144.81 the week before and up 11.3 percent from three years ago. RevPAR reached $75.97 in the third week, decreased from $79.38 the week before and up 4.4 percent from January 2019. Among STR's top 25 markets, Tampa reported the highest increase over 2019 in all metrics during the week, with occupancy up 6.8 percent to 78.8 percent, ADR rising 31.9 percent to $174.78 and RevPAR up 41 percent to $137.76.
asianhospitality

STR: Halloween impacts U.S. hotels in the fourth week of October - 0 views

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    U.S. HOTEL PERFORMANCE dropped in the fourth week of October compared to the week before, according to STR. When compared to 2019, occupancy increased as a result of the Halloween calendar shift, as the holiday fell during the comparable week three years ago. STR reminded that in the first week of November performance metrics will show the negative side of that shift. Occupancy was 65.8 percent for the week ending Oct. 29, down from 69.9 percent the week before and up 5.2 percent from 2019. ADR was $152.94 during the week, dipped from $157.43 the week before and up 21.4 percent from three years ago. RevPAR reached $100.59 during the week, down from $110.11 the week before and up 27.8 percent from 2019. Among STR's top 25 markets, Tampa reported the largest increase in each of the key performance metrics: occupancy up 21.5 percent to 76.1 percent, ADR increased 42.1 percent to $158.38 and RevPAR improved 72.5 percent to $120.58, over 2019. Tampa has been one of the markets in Florida that have seen a performance lift associated with post-Hurricane Ian demand.
asianhospitality

Knowland: Event volume up 21.7 percent YoY in September - 0 views

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    EVENT VOLUME CLIMBED 21.7 percent year over year in September compared to the previous year, according to hospitality analytics firm Knowland. Nashville saw the highest percent growth at 30.7 percent. Los Angeles came in second at 22.3 percent over 2022. Among the top five performing markets, national associations spearheaded growth, with healthcare, education, and weddings as primary industry drivers. Nashville's growth was stimulated by the healthcare and technology sectors, accounting for 34 percent of the corporate events in the market, Knowland said in a statement. Nashville meetings averaged 101 attendees, utilizing over 2,692 square feet of meeting space. Despite ongoing talks between Los Angeles hoteliers and striking workers, the market continued to grow compared to 2022, the statement added.
asianhospitality

HLS added 73 hotels, 5,967 rooms in 2021 - 0 views

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    ATLANTA-BASED FIRM Hospitality Lodging Systems added 73 hotels with 5,967 rooms in 2021. The firm posted a 16 percent increase in hotels and 21 percent hike in rooms compared to last year, a statement said. In 2020, HLS had 63 hotels with 4,929 rooms. HLS said that of these properties, 42 hotels containing 4,201 rooms operate under the Budgetel Inn & Suites brand, 21 with 1,171 rooms operate under the AmeriVu Inn & Suites brand and 10 hotels containing 595 rooms operate as a Haven Hotel. "We are attracting owners who want to keep more of the money they earn, which is especially appealing in today's post-pandemic marketplace when improving ROI is a top priority," said Doug Collins, chairman and CEO of HLS. "Our business model gives owners the freedom to operate their properties in their own way, with some administrative and marketing help but without mandated style changes and amenity upgrades that drive up costs."
asianhospitality

STR: U.S. hotels end 2022 with improved weekly performance - 0 views

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    U.S. HOTEL PERFORMANCE improved in the final week of 2022 compared to the week before due to favorable side of a holiday calendar shift, according to STR. When compared to the same period in 2019 performance also increased in the last week of December. According to STR, the comparable week in 2019 covered Dec. 29 to Jan. 4. Occupancy was 54.2 percent for the week ending Dec. 31, up from 43.9 percent the week before and increased 10.4 percent from 2019. ADR was $167.21 during the week, a steep increase from $132.29 the week before and up 21.7 percent from three years ago. RevPAR reached $90.63 in the final week of December, rose from $58.04 the week before and up 34.3 percent from 2019.
asianhospitality

CoStar: U.S. hotel performance up in third week of March despite YOY declines - 0 views

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    U.S. HOTEL PERFORMANCE saw an uptick in the third week of March compared to the previous week, although year-over-year figures continued to decline, according to CoStar. Key metrics such as occupancy, ADR and RevPAR continued their upward trajectory during this period compared to the preceding week. Occupancy increased to 66.5 percent for the week ending March 16, up from the previous week's 63.2 percent, reflecting a 1.4 percent year-over-year decline. ADR rose to $163.21 from $156.96 the previous week, marking a 2.1 percent decrease compared to last year. RevPAR reached $108.51, up from the previous week's $99.17, signifying a 3.5 percent decrease compared to the same period in 2023. Among the top 25 markets, Seattle reported significant year-over-year increases in occupancy, rising by 12.7 percent to 73 percent, and in RevPAR, which increased by 21.7 percent to $120.29.
Pooja Shree

GoAir Flight Network to be Enhanced by 21 per cent - 0 views

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    GoAir - one of the leading Indian low-cost carriers (LCCs) - has announced that it is planning to increase its connectivity by a margin of 21 per cent soon. The Wadia Group carrier made this official declaration at a press conference recently. The LCC is planning to expand its network across cities, metro as well as non-metro, for the purpose of better aircraft utilisation and improved air services.
Alsero Travel

İONYA TURU / ŞİRİNCE / KUŞADASI / SELÇUK / EFES / MERYEM ANA / ARTEMİS TAPINA... - 0 views

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    İONYA TURU Sizleri saat 21:00 Bakırköy Regata Otoparkı - 22:00 Harbiye - 23:00 Kadıköy Evlendirme Dairesi Otoparkından alarak aracımızla Yalova, Bursa,İzmir güzergahını takiben Şirince'ye doğru yol alıyoruz.
Alsero Travel

İONYA TURU / ŞİRİNCE / KUŞADASI / SELÇUK / EFES / MERYEM ANA / ARTEMİS TAPINA... - 0 views

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    İONYA TURU Sizleri saat 21:00 Bakırköy Regata Otoparkı - 22:00 Harbiye - 23:00 Kadıköy Evlendirme Dairesi Otoparkından alarak aracımızla Yalova, Bursa,İzmir güzergahını takiben Şirince'ye doğru yol alıyoruz.
Alsero Travel

Sinemis Otel, Antalya Otelleri, Antalya Otel Rezervasyon, Tatil, Otel , Sinemis Hotel ,... - 0 views

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    Erken Rezervasyon Fırsatı Sinemis Hotel 21.06-31.07 arası Yarım Pansiyon SADECE 60,75 TL..!!
Alsero Travel

Monte Carlo Hotel, Alanya Otelleri, Alanya Otel Rezervasyon, Tatil, Otel , Monte Carlo ... - 0 views

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    Erken Rezervasyon Fırsatı Monte Carlo Hotel 21.05-18.06 arası Herşey Dahil SADECE 43,55 TL..!!
Alsero Travel

Annabella Beach Otel, Alanya Otelleri , Annabella Beach Otel , X Tatil - 0 views

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    Erken Rezervasyon Fırsatı Annabella Beach Otel 21.05-24.06 arası Herşey Dahil SADECE 63 TL..!!
Alsero Travel

Annabella Garden Beach Otel, Antalya Otelleri , Annabella Garden Otel , X Tatil - 0 views

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    Erken Rezervasyon Fırsatı Annabella Garden Otel 21.05-24.06 arası Herşey Dahil SADECE 54 TL..!!
Alsero Travel

Doğanay Beach Club Hotel, Antalya Otelleri , Doğanay Beach Club Hotel , X Tatil - 0 views

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    Erken Rezervasyon Fırsatı Doğanay Beach Club Hotel 01.05-21.05 arası Ultra Herşey Dahil SADECE 73 TL..!!
Alsero Travel

Monte Carlo Hotel, Alanya Otelleri, Alanya Otel Rezervasyon, Tatil, Otel , Monte Carlo ... - 0 views

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    Erken Rezervasyon Fırsatı Monte Carlo Hotel 21.05-18.06 arası Herşey Dahil SADECE 47 TL..!!
Alsero Travel

Sinemis Otel, Antalya Otelleri, Antalya Otel Rezervasyon, Tatil, Otel , Sinemis Hotel ,... - 0 views

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    Erken Rezervasyon Fırsatı Sinemis Hotel 21.06-31.07 arası Yarım Pansiyon SADECE 61 TL..!!
Alsero Travel

Club Bayar Beach, Antalya Otelleri , Club Bayar Beach , TATiL ODASI - 0 views

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    Erken Rezervasyon Fırsatı Club Bayar Beach 22.04-21.05 arası Herşey Dahil SADECE 42,84 TL..!!
asianhospitality

Extended-Stay Room Revenue: Traditional Hotels Lead by 21% - 0 views

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    EXTENDED-STAY ROOM revenues in traditional hotels outperformed those in extended-stay hotels by 21 percent, indicating potential for further development in the extended-stay sector, according to consulting firm The Highland Group and Kalibri Labs. For the 12 months ending June 2023, guest-paid room revenue for stays of seven consecutive nights or more totaled $8.97 billion in traditional hotels, compared to $7.39 billion in extended-stay hotels. "Traditional hotels are still accommodating more extended-stay demand than extended-stay hotels despite the latter's substantial gains in market share over the last 25 years," said Mark Skinner, partner at The Highland Group. Accommodated room nights tallied 74.3 million and 72.2 million, respectively. Nationally, extended-stay demand (ESOC) constitutes 53 percent of extended-stay hotels. In traditional hotels, ESOC is 13 percent, yet the room count is tenfold compared to extended-stay establishments, the report said.
Elisa Graceffo

The Latest Travel Ban: Your Laptop and Tablet? - 0 views

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    The US and UK have both released a new travel ban on some electronics. Starting on Tuesday, March 21, if you are flying directly to the US from one of ten designated airports in Egypt, Jordan, Kuwait, Morocco, Qatar, Saudi Arabia, Turkey, or the UAE, you will not be able to board the plane carrying any electronic device larger than a smartphone. The official reasoning behind the electronics travel ban is a growing concern that terrorists could hide bombs inside devices like laptops. How long will the electronics travel ban last? Checkout the whole story here!
Trung Nguyen

Grand Vietnam - 0 views

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    21 days tour in Vietnam for those who like to explore culture, nature, people and daily life.
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