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asianhospitality

Baird/STR Hotel Stock Index up 2.7 percent in November - 0 views

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    THE BAIRD/STR Hotel Stock Index rose 2.7 percent in November according to STR. However, hotel stocks were relative underperformers during the month for the first time since June. The index jumped 15.8 percent in October. The index was down 5.5 percent year-to-date through the first 11 months of 2022. In November, the Baird/STR Hotel Stock Index fell behind both the S&P 500, up 5.4 percent and the MSCI US REIT Index, increased 5.6 percent. The hotel brand sub-index increased 3.7 percent from October to 9,804, while the Hotel REIT sub-index fell 0.2 percent.
asianhospitality

HotStats: U.S. hotels' February GOPPAR highest since Oct - 0 views

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    GOPPAR OF U.S. hotels hit $65.98 in February, its highest point since October last year and more than $40 more than in January, but down from $90 in February 2019, according to HotStats. However, a rise in expenses could derail a profit rebound, the data analyzing firm said. The payroll expense of U.S. hotels was up to $66.60 per available room in February, highest since the inception of the pandemic, according to HotStats. Though payroll is up 192 percent from its lowest point during the pandemic, it is still down $30 when compared to pre-pandemic numbers. Factors such as inflation, supply chain problems and war in Ukraine are driving costs up. Expense on utilities on a PAR basis are already back to pre-pandemic levels, HotStats said.
asianhospitality

STR: U.S. hotels' GOPPAR in February highest since October 2022 - 0 views

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    GOPPAR FOR U.S. hotels in February exceeded the levels of the pre-pandemic comparable time period and was the highest since October 2022, according to STR's February 2023 Profit & Loss data. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019, STR said in a statement. GOPPAR reached $77.37 for the month, up 1.6 percent over the same month in 2019, TRevPAR stood at $217.20, up 3.7 percent, and EBITDA PAR was $51.63, down 0.6 percent against February 2019. Labor costs were $73.70, a 2.9 percent increase. "The profit-and-loss metrics followed typical industry trends, improving from the prior month," said Raquel Ortiz, STR's director of financial performance. "Both GOPPAR and GOP margins were the highest since last fall, while profit margins came in just one percentage point below 2019. Profit margins for limited-service hotels are further behind in recovery than full service, likely due to increasing labor costs that bear heavier weight on the bottom line." "An increase in top-line group demand is beginning to show in the bottom line, as catering and banquet revenues are inching closer to 2019 levels and meeting space rentals and services charges surpassed that threshold. On a per-operating-room basis, nearly all F&B revenues outpaced the pre-pandemic comparables," Ortiz added. Of the major markets, 10 realized both GOPPAR and TRevPAR levels higher than the 2019 comparables, the statement said. "February was a slower month for markets that are more dependent on groups and conventions, such as Atlanta, San Francisco and Minneapolis," Ortiz further said. "Warmer markets have remained at the top, with Phoenix showing the highest TRevPAR recovery and second highest GOPPAR recovery for the month, helped by peak season and Super Bowl LVII."
Holiday Mood

Fly to Kinshasa with great deals - 0 views

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    Kinshasa has a Tropical wet and dry climate with long rainy seasons running from October to May, and dry season runs from June to September its best to look up the weather when looking for flight to Kinshasa.. The Lola ya Bonobo is the world's only in Kinshasa which houses the orphaned bonobos. The N'djili is the international airport of Congo. Log on to www.holidaymood.co.uk for the cheap flights to Kinshasa.
Tyana Jones

Rajasthan International Folk Festival - 0 views

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    The Holiday India offers exclusive budget tour packages for the Rajasthan International Folk Festival starting from 26 - 30 October 2013, RIFF 2013, Holiday India, Rajasthan tour.
Holiday Mood

Get cheap flights to Kinshasa by booking early - 0 views

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    French can be seen as a language commonly used in Government, Schools, Newspapers and Public services with the local language restricted to the streets. Kinshasa experiences the rainy season from October to May and dry seasons from June to September. For the latest cheapest deals and flight to Kinshasa
Holiday Mood

Amazing offers on tickets to Harare - 0 views

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    The southernmost capital city of Zimbabwe, Harare is the major cosmopolitan city of Zimbabwe. The city is responsible for the economic growth of the country as it is a capital city and most of the major decisions regarding the Political and Economical future of this country are flashed from this city. Harare's weather works around three seasons November to March/April as warm and wet season May to August being the cooler season and September/October being the hot and dry season.
Resorts World Sentosa Singapore

The Perfect Birthday Present - 0 views

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    Racking your brain for the perfect birthday present this October? Here's something for your consideration. WARNING: It's to die for.
A Travel Book

Tourist Attractions in Germany | ATravelBook - 1 views

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    Oktoberfest is one of the largest festivals in MuOktoberfestnich and attracts the largest number of tourists; over 6 million in the world. Started in 1810, the origin of this festival comes from the Bavarian culture. The festival occurs annually during the last week of September to the first week of October.
A R

Portugal receives 26 nominations for World Travel Awards 2012 - 0 views

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    Portuguese resorts, cities and companies have received a total of 26 nominations for this year's World Travel Awards, with the Europe Gala Ceremony being held at the brand new Conrad Algarve hotel in Quinta do Lago on 6 October, prior to its official opening.
tours northindia

Desert National Park Tours, Desert National Park - 0 views

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    Desert National Park is astonishingly nestled in the Indian state of Rajasthan. It is among the most visited national parks in the country where the nature lover or travel seeker enjoy the varieties of wildlife animals and birds. The park is mainly comprised of sand dunes, lakes and craggy rocks. Majority of the travel vacationers make visit to this amazing destination in the months of October to March. By visiting to this place, the visitors would enjoy excellent variety of wildlife animals like desert cats, Bengal fox, snakes, etc along with birds like imperial sand grouse, eagles, cranes and many more.
alice wilth

New Hyatt Visa Perks: Elite Status Credits and 2x Points on Dining, Airfare and Car Ren... - 0 views

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    Hyatt announced today that starting on October 1, 2012, the Hyatt Visa will be offering some brand new features and as an existing cardmember, you will be get these new benefits as soon as they launch - you do not need to register or reapply.
anisha sachdev

Enjoy Wildlife Excursions - South India - 0 views

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    The fascinating nature of Wildlife in India can be seen in full glory at South India Wildlife Sanctuaries. Giving tourists abundance of opportunity to enjoy wildlife excursion, many of South Indian wildlife parks deserve a sure visit. Periyar, Also known as the Thekkadi Wildlife Sanctuary, the place is perfect for watching animals in their unperturbed natural habitat.Covering an area of 777 square km of the Cardamom Hills, this Wildlife Sanctuary of South India is situated close to Madurai. The best season to visit Periyar Wildlife Sanctuary is between October and June.
anisha sachdev

Feel the thrill and excitement of Formula Racing - 0 views

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    Date : 26th 28th October 2012, Venue : Buddh International Circuit, Greater Noida, DelhiThe Indian Grand Prix, sometimes referred to as the Grand Prix of India is a race in the calendar of the FIA Formula One World Championship. It is currently held at the Buddh International Circuit in Greater Noida, Uttar Pradesh, India.
Priyanshu Rawat

Best Time To Visit Gwalior Fort - 0 views

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    Best time to visit Gwalior Fort is between July and October, although visits are permitted throughout the year and large number of tourists pour in here during winter months of Oct - March period.
Tyana Jones

Rajasthan International Folk Festival - 0 views

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    The Holiday India offers exclusive budget tour packages for the Rajasthan International Folk Festival starting from 26 - 30 October 2014, RIFF 2014, Holiday India, Rajasthan tour.
Akhil Gupta

Best Time to Visit Tawang - Peak Season to Travel Tawang, Arunachal Pradesh - 0 views

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    The best time to visit Tawang is between March and October. Early March is especially a good time to visit as the Monpas celebrate the Losar festival and the whole town is a riot of colours. Read more for weather conditions and ideal season to travel to Tawang, Arunachal Pradesh.
Akhil Gupta

Best Time to Visit Rajasthan - Peak Season to Travel Rajasthan - 0 views

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    The best time to visit Rajasthan is in winter, between October to March when the desert sun is not so intense and the days are cool and pleasant. Most of the desert festivals planned as tourist attractions are also held in winter.
Akhil Gupta

Reason to Visit Goa in Different Seasons and Find Out Best Time for Goa Tour - 0 views

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    Goa beaches offer thrilling aquatic sport activities like jet-skiing, scuba-diving, surfing, water skiing, parasailing. The best time to visit Goa is from October to March. Summer is also the season in Goa when the restaurants offer visitors heavy discounts on drinks, accommodations, sightseeing, and dinner.
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