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asianhospitality

Knowland: Nashville meetings and events rose 38 percent YOY in April - 0 views

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    NASHVILLE RECORDED A 38 percent year-over-year increase in meetings and events in April, according to Knowland. Meanwhile, Las Vegas maintained a steady ascent with a 22.8 percent year-over-year growth. Overall, the industry saw a marginal 1.3 percent year-over-year increase in meeting volume. Among the top 25 markets, meetings averaged 3,768 square feet, compared to 3,684 square feet in secondary markets, the report said. Average attendance in the top 25 rose slightly to 133, while secondary markets saw an average of 127 attendees. Top five markets with highest YOY event volume growth Nashville stood out as a meeting destination in April, leading in growth among the top 25 U.S. markets, the report added. It recorded an average space use of 3,885 square feet with 131 average attendees, largely driven by national associations such as the Association of Physical Plant Administrators.
asianhospitality

Baird/STR Index up 10.5 percent in December, ends year with 38.4 percent gain - 0 views

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    THE BAIRD/STR Hotel Stock Index rose 10.5 percent to 6,760 in December, according to STR. Moreover, the stock index closed the year with a 38.4 percent gain in 2023, driven by a favorable interest rate outlook boosting investor sentiment and valuation multiples. "Hotel stocks - like the broader market - finished 2023 on a high note as the 'soft landing' narrative and lower interest rate outlook continued to boost investor sentiment and valuation multiples," said Michael Bellisario, senior hotel research analyst and director at Baird. "Both the hotel brands and hotel REITs were up more than 10 percent in December and outperformed their respective benchmarks. For the year, the hotel REITs' 19 percent gain more than doubled the return of real estate stocks broadly, while the hotel brands' 44 percent increase nearly doubled the performance of the S&P 500." The U.S. hotel industry closed the year on a strong note, said Amanda Hite, president of STR.
Alsero Travel

Class Beach Hotel, Marmaris Otelleri , Class Beach Hotel , X Tatil - 0 views

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    Erken Rezervasyon Fırsatı Class Beach Hotel 01.05-06.06 arası Herşey Dahil SADECE 38 TL..!!
Alsero Travel

Klas Dom Suite Annexe, Antalya Otelleri , Klas Hotel Suite , X Tatil - 0 views

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    Erken Rezervasyon Fırsatı Klas Hotel Suite 01.05-31.05 arası Herşey Dahil SADECE 38 TL..!!
duyducairlines tigerairway

Scoot ưu đãi vé máy bay ngày thứ 3 giá từ 38 usd - Khuyến mãi Tiger Airways -... - 0 views

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    Scoot ưu đãi vé máy bay ngày thứ 3 giá từ 38 usd
manjunath ap

Hogenakkal Falls from Bangalore - A Weekend Road Tour - 0 views

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    Hogenakkal Falls is located amidst the Melagiri hills. The Hogenakkal waterfalls, starting from the Kaveri River, is one of the very famous places for a weekend trip from Bangalore. The historic cascades are seen in many Indian movie songs and is definitely worth all the fame. The important attraction of Hogenakkal is the Hogenakkal Water Falls. It is well known as the 'Niagara Falls of India'. Whether the need is for a budget taxi or a luxury car, you will find all car options available with us on www.tejastravels.com. The selection can be done among the categories of sedans, hatchbacks, luxury cars, and MUVs as per your budget and group size necessity. Why Tejas Tours and Travels? * Well-maintained fleets along with good route is known & experienced drivers for your trip * On-time pickup and drop with Bangalore to a minibus for hire in Bangalore * 24/7 customer support and GPS Tracking * https://www.tejastravels.com/package-detail/bangalore-hogenakkal-falls/38
OUR NCR

Worlds of Wonder (WOW) Amusement Parks in Sector-38, Noida - 0 views

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    Based in Noida, World of Wonder is one of the most popular amusement parks in Delhi NCR. There are two zones in the park namely- the Road Show Zone & the La Fiesta Zone.
OUR NCR

KidZania Amusement Parks in Sector-38, Noida - 0 views

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    KidZania Helps Kids Get Familiar To Real-Life World Experiences Based on an edutainment (Education + Entertainment), KidZania theme park has broken all stereotypes. Unlike other theme parks in Delhi NCR, KidZania, is unique and interactive.
Resorts World Sentosa Singapore

3 ways not to get starstruck by Tyra Banks - 0 views

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    In town to promote Asia's Next Top Model, the latest adaptation of the 38-year-old's successful franchise, we had a chance to get up close and personal with the California-born celebrity - without getting starstruck. And here's how we did it.
Alsero Travel

Sunmerry Hotel, Antalya Otelleri, Kemer Otel Rezervasyon, Tatil, Otel , Sunmerry Hotel ... - 0 views

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    Sunmerry Hotel, Kemer Otelleri, Antalya Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar ve daha fazlası için 0256 612 6600 arayın.
mrtran2710

Khu Du Lịch Sinh Thái Hoa Sơn Điền Trang Địa Điêm Check in cực chất - 0 views

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    Hoa Sơn Điền Trang - Đà Lạt được ví như Chiang Mai thu nhỏ của Việt Nam. Khu du lịch Hoa Sơn Điền Trang Hoa có diện tích khoảng 38 ha, nằm tại tiểu khu 159, phường 5, TP. Đà Lạt.
asianhospitality

STR: U.S. hotel performance dips in first week of April - 0 views

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    A SLIGHT DROP was witnessed in U.S. hotel performance in the first week of April from the week before due to a continuing slump in Spring Break travel, according to STR. Little movement was seen in the top 25 markets as well. Occupancy was 64.1 percent for the week ending April 2, down from 65.5 percent the week before and down 6.4 percent for the same period in 2019. ADR was $145.74 for the week, dropped from $149.38 the week before and increased 11.7 percent from two years ago. RevPAR was $93.48 for the week, dipped from $97.92 the week before and up 4.5 percent from the same period in 2019.
asianhospitality

Tampa saw the highest occupancy, ADR during the week - 0 views

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    U.S. hotel performance improved in the fourth week of April from the week before, according to STR. The top 25 markets saw improvement as well. Occupancy was 65.8 percent for the week ending April 23, up from 62 percent the week before and down 4.2 percent from 2019. ADR was $148.35 for the week, increased from $147.25 the week before and up 15.4 percent from three years ago. RevPAR reached $97.66 during the week, up from $91.25 the week before and rose 10.5 percent from 2019. Among STR's top 25 markets, Tampa saw the highest occupancy, up 3.4 percent to 78.1 percent and ADR, increased 38.5 percent to $203.40, over 2019. Minneapolis experienced the largest occupancy decrease, dipped 21.1 percent to 53.8 percent, from 2019.
asianhospitality

CoStar: U.S. hotels demonstrate mixed trends - 0 views

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    U.S. HOTEL PERFORMANCE maintained a mixed trend compared to the previous week, in line with ongoing seasonal patterns, according to CoStar. However, there were positive year-over-year comparisons, signaling signs of recovery. Occupancy was 62.7 percent for the week ending Sept. 2, down from the prior week, but it showed a 0.2 percent increase compared to 2022, part of the seasonal pattern. ADR stood at $150.52, a slight drop from the previous week, though it displayed a 1.8 percent growth compared to the same period last year. RevPAR was $94.38, lower than the week ago, yet it still indicated a 2 percent rise from 2022. Among the top 25 markets, Minneapolis recorded significant year-over-year gains in occupancy, surging 19.1 percent to hit 74.4 percent, while RevPAR increased by 26.7 percent, reaching $101.06.
asianhospitality

Easter Week STR : U.S. hotel performance up in April - 0 views

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    REFLECTING THE POSITIVE side of the Easter calendar shift, U.S. hotel performance during the second week of April increased from the previous week, according to STR. Year-over-year comparisons also were up. Occupancy was 64.2 percent for the week ending April 15, up from 61.3 percent the week before, and increased 3.7 percent than the comparable week in 2022. ADR stood at $155.33, up from $153.3 the week before, jumped 4.7 percent against 2022. RevPAR came in at $99.67, increased from $94 in the last week, and rose 8.6 percent over the same month in 2022. Among the top 25 markets, Minneapolis saw the highest year-over-year increase in occupancy, up 17.4 percent to 54.5 percent during the Easter week. Washington, D.C., reported the most substantial ADR, up 22.5 percent to $200.99, and RevPAR, increased 38.1 percent to $146.73 year-over-year.
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: U.S. hotels' performance up in the second week of Jan'23 - 0 views

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    U.S. HOTELS REPORTED improved performance in the second week of January compared to the week before, according to STR. The weekly performance was mixed over the same period in 2019. Occupancy was 54.8 percent for the week ending Jan. 14, up from 47.2 percent the week before and decreased 5.5 percent from 2019. ADR was $144.81 during the week, increased from $142.82 the week before and up 15.7 percent from three years ago. RevPAR reached $79.38 in the second week of 2023, sharp increase from $67.40 the week before and up 9.3 percent from January 2019. None of STR's top 25 markets reported an occupancy increase during the week when compared to 2019. However, Dallas came closest to its 2019 comparable, down just 2.1 percent to 69 percent.
asianhospitality

CBRE revises forecast for second quarter, predicts growth in 2023 - 0 views

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    CBRE HOTELS RESEARCH has once again revised its forecast for the second half of 2022. The revision is mainly due to strong gains in the second quarter and expectations of positive growth next year. RevPAR for the second half of the year will rise to 14.7 percent year-over-year, up from the previous projection of 13.1 percent in May, according to CBRE. The reasons for the spike are a 3.5 percentage point increase in ADR and a 2.2 percentage point reduction in CBRE's demand forecast. Second quarter RevPAR reached $98.84, up 38 percent year over-year, and an all-time quarterly high at 106 percent of 2019's level. RevPAR growth was driven mainly by ADR, up 25.5 percent, followed by occupancy, up 9.9 percent.
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

2023 Travel Concerns: Delays & Cancellations - IPX103 Survey - 0 views

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    APPROXIMATELY 35 PERCENT of U.S. travelers have concerns about potential airport delays and flight cancellations for the upcoming 2023 holiday travel season, according to a recent survey by exchange services firm IPX103. Despite 23 percent experiencing flight disruptions this year, a substantial 62 percent of Americans are planning to travel this season. The IPX103 survey found that of the Americans intending to travel, 42 percent are opting for air travel and 54 percent are choosing to drive. Moreover, if gas prices decrease during the holiday season, two in three individuals express a higher likelihood of choosing to drive. Specifically, 44 percent plan to travel for Thanksgiving, while 84 percent have plans for December travel. Regarding holiday destinations, 38 percent are venturing to a neighboring state, 25 percent are embarking on cross-country journeys, 25 percent are remaining within their own state, and 12 percent are venturing abroad.
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