Group items tagged 63 - Tours and travel

Spring break boosts U.S. hotels in the third week of March - 0 views

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shared by asianhospitality on 28 Mar 22 - No Cached

asianhospitality on 28 Mar 22

SPRING BREAK TRAVEL helped U.S. hotel performance to rise in the third week of March from the week before, according to STR. Occupancy for the week was the highest since the week ending Aug. 7, 2021, and ADR was the second highest on record. Occupancy was 66.9 percent for the week ending March 19, up from 63.2 percent the week before and down 3.7 percent for the same period in 2019. ADR was $151.63 for the week, up from $144.68 the week before and increased 13.6 percent from two years ago. RevPAR was $101.44 for the week, rose from $91.45 the week before and up 9.5 percent from the same period two years ago.

<div class="cArrow"> </div><div class="cContentInner">SPRING BREAK TRAVEL helped U.S. hotel performance to rise in the third week of March from the week before, according to STR. Occupancy for the week was the highest since the week ending Aug. 7, 2021, and ADR was the second highest on record. Occupancy was 66.9 percent for the week ending March 19, up from 63.2 percent the week before and down 3.7 percent for the same period in 2019. ADR was $151.63 for the week, up from $144.68 the week before and increased 13.6 percent from two years ago. RevPAR was $101.44 for the week, rose from $91.45 the week before and up 9.5 percent from the same period two years ago.</div>

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CoStar: U.S. hotel performance improves in second week of March - 0 views

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shared by asianhospitality on 20 Mar 24 - No Cached

asianhospitality on 20 Mar 24

U.S. HOTEL PERFORMANCE rose in the second week of March compared to the previous week but declined year over year, according to CoStar. Key metrics, including occupancy, ADR, and RevPAR, all saw increases compared to the prior week. Occupancy climbed to 63.2 percent for the week ending March 9, up from the prior week's 62.5 percent, reflecting a 2.2 percent year-over-year decline. ADR rose to $156.96 from $155.29 the previous week, marking a 0.6 percent decrease compared to last year. RevPAR reached $99.17, up from the previous week's $97.12, signifying a 2.8 percent decrease compared to the same period in 2023. Among the top 25 markets, Minneapolis saw significant year-over-year growth across all three key performance metrics: occupancy surged by 25.1 percent to 63.7 percent, ADR rose by 15.9 percent to $143.12, and RevPAR increased by 45.1 percent to $91.11.

<div class="cArrow"> </div><div class="cContentInner">U.S. HOTEL PERFORMANCE rose in the second week of March compared to the previous week but declined year over year, according to CoStar. Key metrics, including occupancy, ADR, and RevPAR, all saw increases compared to the prior week. Occupancy climbed to 63.2 percent for the week ending March 9, up from the prior week's 62.5 percent, reflecting a 2.2 percent year-over-year decline. ADR rose to $156.96 from $155.29 the previous week, marking a 0.6 percent decrease compared to last year. RevPAR reached $99.17, up from the previous week's $97.12, signifying a 2.8 percent decrease compared to the same period in 2023. Among the top 25 markets, Minneapolis saw significant year-over-year growth across all three key performance metrics: occupancy surged by 25.1 percent to 63.7 percent, ADR rose by 15.9 percent to $143.12, and RevPAR increased by 45.1 percent to $91.11.</div>

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A Perfect Wedding Venue - 1 views

I would like to thank Pearlmont Inn for making our wedding the best time of our life. I and my wife really appreciated all of their assistance in preparing our wedding reception venue. It was set u...

hotel Cagayan de Oro Wedding Venue Reception

started by PearlMontInn.com Cagayan de Oro hotels on 06 Mar 12 no follow-up yet

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..!!

shared by Alsero Travel on 09 Mar 11 - No Cached

Alsero Travel on 09 Mar 11

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

<div class="cArrow"> </div><div class="cContentInner">Erken Rezervasyon Fırsatı Annabella Beach Otel 21.05-24.06 arası Herşey Dahil SADECE 63 TL..!!</div>

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A Perfectly Amazing Summer - 1 views

I was so happy when my family decided to spend our last summer vacation at Camiguin Island since it was my first time in the place. I was so excited because I have already heard a lot of good comme...

started by Camiguin Island on 15 Nov 12 no follow-up yet

A Very Exciting Vacation - 1 views

It was my second time to visit Camiguin Island last summer. Of course, I really enjoyed its unequalled beauty as I went around for a tour to its most amazing places. But what made it more exciting ...

started by Camiguin Island on 11 Dec 12 no follow-up yet

Perfect Accommodation In A Perfect Place - 1 views

Since I was a kid, I have always been intrigued by the beauty and prestige of Camiguin Island. That's why I was so excited when I finally got the chance to see the place last week during our family...

started by Camiguin Island on 11 Oct 12 no follow-up yet

Astonishing Island Resort - 3 views

When my husband told me that he wants us to have our vacation for our upcoming anniversary, I instantly requested Camiguin Island as our venue. Luckily, he agreed on my request and asked me to find...

Camiguin Resort

started by Camiguin Island on 16 Apr 12 no follow-up yet

My Memorable Resort Experience - 2 views

I would like to thank all the staff of Bahay Bakasyunan sa Camiguin for providing us with an excellent service. My friends and I have not only enjoyed the captivating sceneries of the Camiguin Isla...

Camiguin Island Resort

started by Camiguin Island on 12 May 12 no follow-up yet

Amazing Island Resort - 1 views

As a college student, summer vacation is something that I always look forward to as it is the only time that I can relax and spend quality time with my parents and my two younger sisters. Thus, I ...

started by Camiguin Island on 20 Sep 12 no follow-up yet

Amazing Accommodation At A Beautiful Island - 1 views

I had a wonderful experience during my stay at the best Camiguin Island Resort -- Bahay Bakasyunan Sa Camiguin. It was just a three-day vacation, but then I found it very exciting. Aside from the l...

Camiguin Resort

started by Camiguin Island on 30 Oct 13 no follow-up yet

Palm Wings Beach Resort, Didim Otelleri, Didim Otel Rezervasyon, Didim Ekonomik Tatil, ... - 0 views

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Erken Rezervasyon Fırsatı Palm Wings Beach Resort 01.05-27.05 arası Herşey Dahil SADECE 63 TL..!!

shared by Alsero Travel on 03 Dec 10 - No Cached

Alsero Travel on 03 Dec 10

Palm Wings Beach Resort, Didim Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar, Gemi Turları ve daha fazlası 0256 612 6600 arayın.

<div class="cArrow"> </div><div class="cContentInner">Palm Wings Beach Resort, Didim Otelleri, Herşey Dahil Oteller, Otel, Tatil Köyleri, Uçak Bileti Yurtdışı Turlar, Gemi Turları ve daha fazlası 0256 612 6600 arayın.</div>

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Fantastic Camiguin Island Experience - 3 views

I have always been dreaming and very curious about going to Camiguin. That is why when my wife asked me to spend a one week vacation in Camiguin Island, I never hesitated to answer her "Yes." Then ...

tours travel guide

started by Maria Mangil on 10 Oct 11 no follow-up yet

Buy Fake driving license online | Buy Fake Birth/Death Certificates - 0 views

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Buy ID cards Fake driving license Real drivers eu residence permit biometric Certificates Online birth certificate death IELTS

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passportdealer on 04 Oct 18

We are the best manufacturer of Fake ID Cards, Drivers License, Fake Certificates, biometric residence permit, Buy IELTS certificate. If you are looking to buy any of these WhatsApp: + 63 2648602.

<div class="cArrow"> </div><div class="cContentInner">We are the best manufacturer of Fake ID Cards, Drivers License, Fake Certificates, biometric residence permit, Buy IELTS certificate. If you are looking to buy any of these WhatsApp: + 63 2648602. </div>

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STR Predict For U.S. Hotels To Be Full Recovery This Year - 0 views

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shared by asianhospitality on 09 Nov 21 - No Cached

asianhospitality on 09 Nov 21

THE U.S. HOTEL industry is on track to full recovery from the COVID-19 pandemic, according to STR's latest industry forecast. Progress may be uneven, however, as some obstacles, such as labor costs, still remain. ADR will near full recovery in 2022, averaging $130 while occupancy for the year is predicted to reach 63.4 percent. RevPAR's average for the year is set to be $82,down 4 percent compared to 2019, but it is expected to be fully recovered in 2023, according to the forecast given at the 43rd Annual NYU International Hospitality Industry Investment Conference. STR and Tourism Economics said changes in the nation's economy warranted the new forecast. "We have essentially moved up the top-line recovery timeline by one year, with the caveat that improved RevPAR projections are largely due to ADR," said Amanda Hite, STR's president. "ADR has risen more rapidly than we expected-in some cases, that rise was due to strong demand confronting capacity constraints, which enabled solid revenue management, while in other cases, the rise was more influenced by inflation. When adjusted for inflation, RevPAR is further off the pace and will likely remain below 2019 levels until at least 2025. Other than the first quarter of 2021, demand has mostly adhered to the forecast with strong leisure travel, slowly improving group business and an expected progressive increase in international arrivals next year. Of course, these are all national projections of top-line performance. Recovery is not playing out the same across the marketplace, and as noted in our latest monthly P&L release, the cost of labor is adding pressure on the bottom line, which is a contributing factor to many hotels driving rate. Recovery is progressing at a solid rate no doubt, but there will still be plenty of ups and downs along the way."

<div class="cArrow"> </div><div class="cContentInner">THE U.S. HOTEL industry is on track to full recovery from the COVID-19 pandemic, according to STR's latest industry forecast. Progress may be uneven, however, as some obstacles, such as labor costs, still remain. ADR will near full recovery in 2022, averaging $130 while occupancy for the year is predicted to reach 63.4 percent. RevPAR's average for the year is set to be $82,down 4 percent compared to 2019, but it is expected to be fully recovered in 2023, according to the forecast given at the 43rd Annual NYU International Hospitality Industry Investment Conference. STR and Tourism Economics said changes in the nation's economy warranted the new forecast. "We have essentially moved up the top-line recovery timeline by one year, with the caveat that improved RevPAR projections are largely due to ADR," said Amanda Hite, STR's president. "ADR has risen more rapidly than we expected-in some cases, that rise was due to strong demand confronting capacity constraints, which enabled solid revenue management, while in other cases, the rise was more influenced by inflation. When adjusted for inflation, RevPAR is further off the pace and will likely remain below 2019 levels until at least 2025. Other than the first quarter of 2021, demand has mostly adhered to the forecast with strong leisure travel, slowly improving group business and an expected progressive increase in international arrivals next year. Of course, these are all national projections of top-line performance. Recovery is not playing out the same across the marketplace, and as noted in our latest monthly P&L release, the cost of labor is adding pressure on the bottom line, which is a contributing factor to many hotels driving rate. Recovery is progressing at a solid rate no doubt, but there will still be plenty of ups and downs along the way."</div>

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STR: U.S. hotels profits recovering from Omicron dip - 0 views

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shared by asianhospitality on 05 Apr 22 - No Cached

asianhospitality on 05 Apr 22

THE OMICRON VARIANT of COVID-19 has come and, for now, gone, and U.S. hotels are recovering quickly according to STR. The recovery does come after a slight dip in GOPPAR. That dip was a $20 decline in January, but GOPPAR rose to $58.88 in February, the highest since October, according to STR's P&L report for the month. TRevPAR for the month was $169.77, EBITDA PAR was $39.29 and labor costs were $56.63. All also were increases over January. In 2021, U.S. hotel profits reached 52 percent of pre-pandemic levels, according to STR. "Following trends in top-line performance, U.S. profitability levels are recovering more quickly from Omicron than with previous variants," said Raquel Ortiz, STR's director of financial performance. "February GOPPAR was roughly 77 percent of the 2019 comparable, but independents (108 percent), luxury (94 percent) and midscale (88 percent) chains were far above the national average. The upper upscale (67 percent) and upscale (70 percent) segments are where the largest deficits persisted.

<div class="cArrow"> </div><div class="cContentInner">THE OMICRON VARIANT of COVID-19 has come and, for now, gone, and U.S. hotels are recovering quickly according to STR. The recovery does come after a slight dip in GOPPAR. That dip was a $20 decline in January, but GOPPAR rose to $58.88 in February, the highest since October, according to STR's P&L report for the month. TRevPAR for the month was $169.77, EBITDA PAR was $39.29 and labor costs were $56.63. All also were increases over January. In 2021, U.S. hotel profits reached 52 percent of pre-pandemic levels, according to STR. "Following trends in top-line performance, U.S. profitability levels are recovering more quickly from Omicron than with previous variants," said Raquel Ortiz, STR's director of financial performance. "February GOPPAR was roughly 77 percent of the 2019 comparable, but independents (108 percent), luxury (94 percent) and midscale (88 percent) chains were far above the national average. The upper upscale (67 percent) and upscale (70 percent) segments are where the largest deficits persisted.</div>

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Leaf is Peachtree's vice president, head of internal sales - 0 views

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shared by asianhospitality on 28 Apr 22 - No Cached

asianhospitality on 28 Apr 22

Brian Leaf is now vice president and head of internal sales for Peachtree Hotel Group's broker-dealer affiliate Peachtree PC Investors. Previously, he was vice president for capital markets. Leaf joined Atlanta-based Peachtree in 2017, prior to which he was an internal wholesaler at Inland Securities Corp. in Oak Brook, Illinois. Before then he was a property manager for Colliers International in Atlanta. He has a bachelor's degree in business administration and real estate from the University of Georgia and holds the FINRA Series 7, 24 and 63 securities licenses.

<div class="cArrow"> </div><div class="cContentInner">Brian Leaf is now vice president and head of internal sales for Peachtree Hotel Group's broker-dealer affiliate Peachtree PC Investors. Previously, he was vice president for capital markets. Leaf joined Atlanta-based Peachtree in 2017, prior to which he was an internal wholesaler at Inland Securities Corp. in Oak Brook, Illinois. Before then he was a property manager for Colliers International in Atlanta. He has a bachelor's degree in business administration and real estate from the University of Georgia and holds the FINRA Series 7, 24 and 63 securities licenses.</div>

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STUDIO 6 OPENS IN KATY, TEXAS - Asian Hospitality - 0 views

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shared by asianhospitality on 22 Apr 22 - No Cached

asianhospitality on 22 Apr 22

Studio 6 Katy, Texas, a new-build extended-stay hotel, is now open in the Houston suburb. It is owned by Sharin Patel and Ripan Modi. The 63-suite hotel was built under the new design parent company G6 Hospitality introduced last year. Nearby attractions include Rhodes Stadium and Legacy Stadium, Nelson Water Gardens and Nursery and Typhoon Texas Waterpark. The hotel also is pet friendly, and G6's recently implemented "Clean@6" cleaning and safety protocols are in effect at the new property. "Katy is a vibrant town and popular destination for business and tourism, and we are excited to partner with G6 Hospitality to bring more affordable lodging options to the area," said Modi, who also is the hotel's general manager. "We chose to open a Studio 6 because of the brand's longstanding commitment to leaving the light on for guests, which has been of even greater need for those required to continue travel during these times. Whether guests are looking to stay for an extended period or just a night or two, our goal is to make traveling affordable and accessible for all."

<div class="cArrow"> </div><div class="cContentInner">Studio 6 Katy, Texas, a new-build extended-stay hotel, is now open in the Houston suburb. It is owned by Sharin Patel and Ripan Modi. The 63-suite hotel was built under the new design parent company G6 Hospitality introduced last year. Nearby attractions include Rhodes Stadium and Legacy Stadium, Nelson Water Gardens and Nursery and Typhoon Texas Waterpark. The hotel also is pet friendly, and G6's recently implemented "Clean@6" cleaning and safety protocols are in effect at the new property. "Katy is a vibrant town and popular destination for business and tourism, and we are excited to partner with G6 Hospitality to bring more affordable lodging options to the area," said Modi, who also is the hotel's general manager. "We chose to open a Studio 6 because of the brand's longstanding commitment to leaving the light on for guests, which has been of even greater need for those required to continue travel during these times. Whether guests are looking to stay for an extended period or just a night or two, our goal is to make traveling affordable and accessible for all."</div>

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STR: U.S. hotel performance up in the second week of november'22 - 0 views

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shared by asianhospitality on 21 Nov 22 - No Cached

asianhospitality on 21 Nov 22

U.S. HOTEL PERFORMANCE increased in the second week of November compared to the week before, according to STR. All performance metrics improved during the week compared to same period in 2019 as well. Occupancy was 64.6 for the week ending Nov. 12, up from 62.4 the week before and increased 0.9 percent from 2019. ADR was $148.43 during the week, improved from $147.48 the week before and up 17.1 percent from three years ago. RevPAR reached $95.89 during the second week of November, increased from $91.99 the week before and up 18.2 percent from 2019. Among STR's top 25 markets, Norfolk/Virginia Beach reported the largest occupancy increase, up 14.3 percent to 63.6 percent, over November 2019. San Diego posted the largest ADR increase, increased 35.2 percent to $202.86, over 2019.

<div class="cArrow"> </div><div class="cContentInner">U.S. HOTEL PERFORMANCE increased in the second week of November compared to the week before, according to STR. All performance metrics improved during the week compared to same period in 2019 as well. Occupancy was 64.6 for the week ending Nov. 12, up from 62.4 the week before and increased 0.9 percent from 2019. ADR was $148.43 during the week, improved from $147.48 the week before and up 17.1 percent from three years ago. RevPAR reached $95.89 during the second week of November, increased from $91.99 the week before and up 18.2 percent from 2019. Among STR's top 25 markets, Norfolk/Virginia Beach reported the largest occupancy increase, up 14.3 percent to 63.6 percent, over November 2019. San Diego posted the largest ADR increase, increased 35.2 percent to $202.86, over 2019.</div>

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STR, TE revise 2022 occupancy projection down - 0 views

www.asianhospitality.com/2022-occupancy-projection-down

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shared by asianhospitality on 24 Nov 22 - No Cached

asianhospitality on 24 Nov 22

OCCUPANCY FOR U.S. hotels is now expected to finish the year a little down from the previous forecast by STR and Tourism Economics. However, projections for ADR and RevPAR recovery remain on track in the data firms' final forecast of the year. RevPAR is still expected to fully recover this year on a nominal basis, but not until 2025 when adjusted for inflation, according to the new forecast. The updated forecast lowered occupancy by less than a percentage point for 2022, standing now at 62.7 percent compared to the previously forecasted 63 percent released in August. "As expected, group business travel has been much more aligned with pre-pandemic patterns, specifically in October when group demand hit a pandemic-era high," said Amanda Hite, STR president. "Leisure travel has maintained its strength since our previous forecast update, and we expect these strong demand trends in both group and leisure to continue through the fourth quarter. Bottom-line performance has also persisted, with our most recent data showing strong profit margins due to lower employment levels and reduced services. The challenges around labor continue to be a concern, as high levels of hospitality unemployment and more spending on contract labor are pushing labor costs on a per-available-room basis above 2019 levels. We continue to take inflation and the likely recession into consideration, but the hotel industry has continued to show resilience through these tougher times, thus the steadiness of our updated forecast."

<div class="cArrow"> </div><div class="cContentInner">OCCUPANCY FOR U.S. hotels is now expected to finish the year a little down from the previous forecast by STR and Tourism Economics. However, projections for ADR and RevPAR recovery remain on track in the data firms' final forecast of the year. RevPAR is still expected to fully recover this year on a nominal basis, but not until 2025 when adjusted for inflation, according to the new forecast. The updated forecast lowered occupancy by less than a percentage point for 2022, standing now at 62.7 percent compared to the previously forecasted 63 percent released in August. "As expected, group business travel has been much more aligned with pre-pandemic patterns, specifically in October when group demand hit a pandemic-era high," said Amanda Hite, STR president. "Leisure travel has maintained its strength since our previous forecast update, and we expect these strong demand trends in both group and leisure to continue through the fourth quarter. Bottom-line performance has also persisted, with our most recent data showing strong profit margins due to lower employment levels and reduced services. The challenges around labor continue to be a concern, as high levels of hospitality unemployment and more spending on contract labor are pushing labor costs on a per-available-room basis above 2019 levels. We continue to take inflation and the likely recession into consideration, but the hotel industry has continued to show resilience through these tougher times, thus the steadiness of our updated forecast."</div>

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