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IN JUNE, GOPPAR for U.S. hotels reached its highest level since October 2019, according to STR. All profitability metrics were up in the month compared to the month before. GOPPAR was $91.23 for the month, up from $88.63 reported in May. In April GOPPAR stood at $90.96. EBITDA PAR was $69.53 for June, TRevPAR was $226.10 and labor costs per room were $68.40. "Each of the key bottom-line metrics increased from May due to a rise in room rates as well as improved revenue from F&B and groups," said Joseph Rael, STR's senior director of financial performance. "Profit margins have held strong the past 12 months but have been slightly reduced recently due to rising wages and costs. Hotels have brought back services, amenities and F&B operations that were previously reduced, which have increased profits overall but at lower margins. While F&B revenues remain strong, catering and banquet revenue has lagged with improvement in recent months due to rising group demand."

U.S. HOTELS REPORTED record-high monthly room rates on a nominal basis in July, according to STR. RevPAR on a nominal basis hit an all-time high during the month and occupancy was the second highest since August 2019. However, performance dipped some in the third week of August on a weekly basis, but performance improved during the week over 2019. Occupancy was 69.6 percent in July, down from 70.1 percent in June and down 5.4 percent from three years ago. ADR was $159.08 during the month, up from 155.04 in June and up 17.5 percent over 2019. RevPAR reached $110.73 in July, up from $108.64 the month before and increased 11.2 percent three years ago. At the same time, occupancy dropped to 67.3 percent for the week ending August 20, down from 68.5 percent the week before and dropped 3.9 percent from 2019. ADR was $150.96 for the week, decreased from $152.34 the week before and increased 16.7 percent from three years ago. RevPAR reached $101.59 during the week, fell from $104.30 the week before and increased 12.2 percent from 2019.

U.S. HOTEL PERFORMANCE has increased in the second week of September compared to the previous week, according to CoStar. However, year-over-year comparisons remained mixed. Occupancy stood at 68.5 percent for the week ending on Oct. 14, a slight uptick from the previous week's 67.8 percent, and a marginal year-over-year decline of 2.3 percent. ADR increased to $164.25, up from the previous week's $163.19, marking a 3.2 percent surge compared to the previous year. RevPAR also showed improvement, reaching $112.51, surpassing the previous week's $110.68, and reflecting a 0.8 percent rise from 2022. Among the top 25 markets, Oahu Island experienced the highest year-over-year growth in occupancy, rising by 17.8 percent to reach 85.2 percent, while RevPAR increased by 29.7 percent to $243.22.

U.S. hotel performance has declined in the fourth week of October compared to the previous week, according to CoStar. However, year-over-year comparisons revealed positive results. Occupancy came in at 66 percent for the week ending Oct. 28, slightly lower than the previous week's 69 percent, but with year-over-year growth of 0.7 percent. ADR dropped to $160.89, down from the previous week's $165.32, yet showing a notable 3.9 percent increase from the previous year. Similarly, RevPAR saw a decrease, reaching $106.16 compared to the previous week's $114.04, but reflecting a solid 4.6 percent rise from 2022. Among the top 25 markets, Minneapolis saw the largest year-over-year increase in occupancy, rising by 12.7 percent to reach 64.5 percent.

U.S. HOTELS REACHED record-breaking ADR level during the last week of December, particularly by luxury resorts, according to STR. STR's top 25 markets also led the expansion. Occupancy was 54.3 percent for the week ending Jan. 1, up from 44.3 percent the week before and increased 10.7 percent when compared to 2019. ADR was $157.91 for the week, up from $129.67 during the fourth week and up by 15.1 percent compared to two years ago. RevPAR was $85.74 during the week under review, up from $57.46 the week before and increased 27.4 percent compared to 2019. STR's top 25 markets all together reached almost $200 in ADR, led by Miami with $455.31 and Oahu with $411.47. Norfolk/Virginia Beach recorded the largest occupancy increase during the week, up 25.3 percent to 49.4 percent. Phoenix registered the largest ADR increase, increased 36.9 percent to $155.71.

THE REVPAR OF hotels in Phoenix is forecasted to reach $419 for Super Bowl weekend of February 10-12, the second-highest level for the event, according to STR. As the city also hosts Phoenix Open this week, the Friday through Sunday night occupancy may touch 94 percent and ADR to hit $445. According to STR, a unique volume of demand would push occupancy slightly higher than Phoenix's last host year in 2015 (93.7 percent) even though supply increased by 11.7 percent this year. The ADR level would rank third among host markets behind Miami in 2020 and San Francisco in 2016. "Phoenix's jump in RevPAR during its last Super Bowl host year was staggering, and this time around will be no different with big-time growth contribution from both occupancy and ADR," said Isaac Collazo, STR's vice president of analytics. "Demand speaks for itself, especially with consumer behavior around the event free of pandemic concerns-unlike the last two Super Bowls. Phoenix's ADR situation has different influences than recent host markets given inflation and having less upper-tier supply than a Los Angeles or Miami." The overall Phoenix market comprises 544 hotels with 70,488 rooms.

LAS VEGAS HOTEL ADR is anticipated to reach $573 during February 9-11, setting a record for any Super Bowl weekend, according to STR. The research firm also foresees an 87.9 percent occupancy rate for the market from Friday to Sunday night, translating to a RevPAR of $504. Miami set records for the highest Super Bowl ADR and RevPAR in 2020, STR said. However, a significant difference lies in size: Las Vegas, the largest U.S. market with 393 hotels and 172,707 rooms, has more than double Miami's room inventory. "The Super Bowl's unique volume of demand, driven by not only the game but the leadup festivities, as well as the attractions Las Vegas has to offer, is the perfect recipe to drive record-breaking prices," said Chris Klauda, STR's senior director of market insights. "While the F1 Vegas Grand Prix impact was the greatest on and around the Las Vegas Strip, the reach and impact of Super Bowl LVIII will spread to areas well beyond the Strip."

THE U.S. CONSTRUCTION pipeline reached a record level in the first quarter of 2024, according to Lodging Econometrics. The pipeline included 6,065 hotels with 702,990 rooms, showing a 9 percent year-over-year rise in hotels and a 7 percent increase in rooms compared to the previous year. Furthermore, each stage of the pipeline saw year-over-year growth in the first quarter. LE's Q1 2024 U.S. Hotel Construction Pipeline Trend Report showed 1,144 hotels under construction, totaling 141,336 rooms-a 9 percent rise in hotels and a 1 percent increase in rooms compared to the previous year. Hotels set to begin construction in the next 12 months total 2,259, comprising 260,968 rooms, reflecting a 10 percent increase in hotels and an 8 percent rise in rooms year over year, the report said. Both hotel and room counts in the early planning stage increased by 9 percent year over year, reaching record-high figures of 2,662 hotels and 300,686 rooms, respectively.

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Cherai is a spectacular beach located in the Cherai village of the Ernakulam district in India. To know more about the beach, the nearby attractions and how to reach, click here.

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Dharamshala is a very pleasant tourist destination. It is situated in the upper reaches of Kangra valley in Himachal Pradesh. The beautiful city is divided into upper and lower divisions.Tourists from different nations and cultures visit this beautiful place.

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Three years after its launch in January 2010 the GNR's Safe Residence Programme (SRP) now reaches some 5,000 homes throughout the Algarve. Looking for a reliable and budget Algarve Car Hire company? Try http://www.AlgarveCars.co.uk

The Terrace Kanatak resort is located at a distance of about 80 kilometers from Dehradun or 300 kilometers from Delhi. In a way, Mussoorie is mid way between Kanatal and Dehradun. Another important hill station on the way to Kanatal from Mussoorie is Dhanaulti, which is about 25 kilometers from Mussoorie.

If there's a paradise in India it's ought to be in Andaman Islands The crystal clear waters, the simplicity of the people, the legends of the tribes and magnanimity of the nature it all just surprise you at the very first sight. I have talked much about Andaman Islands in my post Andaman Islands: the beach capital of India and so here I will talk only about what kind of experience it has to offer to honeymooners and why every couple should go there at least once. Port Blair is the capital city of Andaman and well connected to all the major cities of India. One can easily take a flight from Delhi or Kolkata to reach Port Blair and head to it's heavenly Islands through Ferry rides. Havelock Island, Ross Island, Viper Island are some famous islands there which offer variety of activities for honeymooners and couples.The Radhanagar beach is ranked number 5 beach in the world and the beauty of vijayawada is simply breathtaking.The snorkelling and scuba are few regular activities which are frequently enjoyed by the tourists offered by various resorts there and it's certainly a fun activity for newly weds. Some underwater activities and swimming among the fishes and corals while holding hands with your spouse is certainly a very intimate experience.

Shree kshetra Shirdi is very famous for Shri Shirdi Sai BABA and his divine miracle and this famous pilgrim destination posses very rich and important place in devotes life. Shree kshetra is located 296 kms from Mumbai and around 200kms away from Pune located in Ahmednagar district. Shree kshetra Shirdi is almost developed and there are many new facilities upgraded like accommodation to security and from cuisine to fun services, many new Hotels and Resorts are opened in Shirdi in terms of better service for visitors. Road are made wider upgraded security system are been installed, local bodies are likely involved in many services to make Shirdi flourish. More like, 3 to 4 hours from Pune is the journey time. The suitable timing to start journey for Shirdi is early morning so you can reach to your destination as early as possible. The climate in Shirdi is quite humid. Preferred vehicle for the tour are Big compartment vehicles and should be air conditioned like Swift Dzire, Ciaz, Innova, Etios, Ertiga and so on. At Optimum Travel & Leisure Private Limited many Ac and Non Ac car's are available on rental basis with best compared rate to the market rate and there are pre defined packages exist as bifurcated on no of passengers and the variant of vehicle which can be feasible to the travelers. Few Tips While Visiting The Shree Kshetra Shirdi:- -Try to be in cotton clothes in day time or where anything which is breathable, avoid black colors. -For night use warm clothes. -Try to choose a decent hotel for accommodation with family; a single man can settle anywhere. -Try to get knowing about all hidden cost and checkout the timing before getting checked inn. -Shirdi Mahaprasad is very famous among the devotees. We suggest you at least try yourself once. -Try to avoid brokers for Hotel booking and other services. -Best of luck- There are many famous places in and near by Shree Kshetra Shirdi like: Shree Kshetra Shani Shinganapur Sai Baba Chavadi Dwarkamai Masjid Maruti Ma

The place where you can enjoy the beauty of nature with coastlines, beautiful churches and ancient architecture spots to reach till these places you need comfortable vehicles and our services at...