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asianhospitality

Report: RevPAR recovery of extended-stay hotels unchanged in August - 0 views

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    THE REVPAR RECOVERY of U.S. extended-stay hotels remain unchanged in August compared to July, according to consulting firm The Highland Group. However, ADR growth for mid-price and upscale segments decreased for the fifth consecutive month but remained higher than any other period before 2021. STR said that hotel occupancy gained 5.3 percent in August 2022 compared to same period last year, decreasing extended-stay hotel's occupancy premium to 12.6 percentage points compared to more than 14 points in August 2021. But the premium remains well within its long-term average range. Economy and mid-price extended-stay segments reported much faster ADR growth compared to corresponding segments during the month, according to the US Extended-Stay Hotels Bulletin: August 2022. The economy segment continued leading the RevPAR recovery compared to 2019, but demand declined 1.9 percent for the fifth consecutive month compared to August 2021 due to strong increases in ADR.
asianhospitality

STR: U.S. hotel performance falls in the first week of August - 0 views

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    U.S. HOTEL PERFORMANCE fell in the first week of August compared to the week before following seasonal patterns, according to STR. However, ADR and RevPAR were up compared to the same period in 2019. Occupancy was 69.9 percent for the week ending August 6, down from 71.9 percent the week before and dropped 5.7 percent from 2019. ADR was $154.48 for the week, decreased from $158.32 the week before and increased 15.1 percent from three years ago. RevPAR reached $108.04 during the week, down from $113.90 the week before and up 8.5 percent from 2019. St. Louis reported the largest occupancy increase during the week, up 7.1. percent to 75.9 percent, over 2019, among STR's top 25 markets. Oahu Island (84.6 percent) led major markets in absolute occupancy during the first week of August, followed by Seattle (84.8 percent), and San Diego (83.8 percent).
asianhospitality

Baird/STR Stock Index dropped 2.7 percent in August - 0 views

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    The index decreased 12.6 percent year-to-date through the first eight months of 2022. In August it also surpassed both the S&P 500, down 4.2 percent, and the MSCI US REIT Index, which dropped 6.1 percent. Also, the hotel brand sub-index fell 2.3 percent from July to 8,959, while the hotel REIT sub-index dropped 3.7 percent to 1,143. "Hotel stocks took a breather in August after July's sharp rebound. Despite the slight decline in stock prices, both the Global Hotel Brands and Hotel REITs outperformed their respective benchmarks in August," said Michael Bellisario, senior hotel research analyst and director at Baird. "Hotel trends have remained solid throughout the summer months despite all the capital markets volatility and macroeconomic uncertainties. However, investors appear somewhat skeptical about the prospects for a significant recovery in business transient travel post-Labor Day, and hotel stocks appear to be discounting this relatively conservative fundamental expectation, in our opinion."
asianhospitality

U.S. HOTEL PERFORMANCE CONTINUES DOWN IN LAST WEEK OF AUGUST - 0 views

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    U.S. HOTEL PERFORMANCE persisted in its downward trend during the last week of August, influenced by seasonal patterns in contrast to the previous week, according to CoStar. However, year-on-year comparisons improved while Maui Island, Hawaii, still recovering from deadly wildfires, showed signs of recovery. Occupancy came in at 65 percent for the week ending Aug. 26, down from the previous week's 67 percent, but it showed a 0.4 percent increase compared to 2022. ADR stood at $150.23, a decrease from the previous week's $154.10, though it displayed a 1.7 percent growth compared to the same period last year. RevPAR was $97.62, below the prior week's $103.22, yet it still indicated a 2.1 percent rise from 2022. Among the top 25 markets, Las Vegas achieved the largest year-over-year occupancy increase as August ended, rising by 7.9 percent to reach 76.3 percent. Houston achieved the highest ADR at $112.08, with a 10.5 percent increase, and the highest RevPAR at $64.45, reflecting a 17.8 percent increase.
asianhospitality

STR: U.S. hotel performance falls slightly in the second week of August - 0 views

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    U.S. HOTEL PERFORMANCE dipped slightly in the second week of August in line with seasonal trends, according to STR. However, ADR and RevPAR increased compared to the same period in 2019. Occupancy was 68.5 percent for the week ending August 13, down from 69.9 percent the week before and dropped 4.6 percent from 2019. ADR was $152.34 for the week, down from $154.48 the week before and increased 15.8 percent from three years ago. RevPAR reached $104.30 during the week, fell from $108.04 the week before and up 10. 5 percent from 2019. Among STR's top 25 markets, only Norfolk/Virginia Beach reported an occupancy increase, up 0.4 percent to 80.1 percent, over 2019.
asianhospitality

STR: ADR, RevPAR record high in July - 0 views

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    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.
Tyana Jones

Indian Badminton League - 0 views

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    Indian Badminton League will start from 14 august to 31 August 2013. The preparations for the Indian Badminton League are in full swing. Holiday India Provides Tours for IBL 2013, IBL Schedule, IBL Teams, IBL Players.
Resorts World Sentosa Singapore

"Magician of the Year" Lu Chen comes aDAZZLE-ing this August - 0 views

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    Lights, magic… DAZZLE! It'll be a magical August because illusionist Lu Chen is coming to Singapore. Lu Chen, 2012′s "Magician of the Year" from The Academy of Magical Arts at Magic Castle, will be performing "DAZZLE Lu Chen Singapore 2012″.
Partha Mandal

Jodhpur Weekend Special Offers at Heritage Hotel - 0 views

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    Stay for minimum 2 days and get 50% off on the 2nd day! (Breakfast Included) offer is only from 1st august-31st august 2013 http://www.waterhabitatretreat.org/special-promotion.html
Bruce campbell

7 Night Cruise on Princess Cruises from $437 - 0 views

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    Book between August 3rd - August 9th and receive up to $325 in on board savings!
augustinetours

10 Day Rwanda Cultural Immersion Summer Party Tour - 0 views

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    The Rwandan cultural immersion summer party tour, a 10-day Rwanda tour program from July 24- August 1, 2020, will take young people from everywhere around the world to Rwanda. This program will allow young people to experience local culture, foods and interact with the locals. Unmissable moments are easy to miss!!! Tell your friends to tell their friends there is a 10-Day vibrant summer party tour organized in Rwanda. This event will take place from July 24th- August 1st, 2020. From the bustling Kigali City through Akagera National Park rich in Wildlife to Gisenyi, the famous beauty spot of Rwanda, take part in the day and nightlife of Rwanda, meet people in their community, learn their culture, speak their language, eat their food and party with them.
asianhospitality

STR: February ADR for U.S. hotels highest since August 2021 - 0 views

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    ADR FOR U.S. hotels was the highest in February for any month since August 2021, according to STR. The U.S. hotel industry reported higher performance during the month from the month before. Occupancy was 56.9 percent for February, up from 47.8 percent in January and down 8.2 percent compared to same period in 2019. ADR was $137.39 for the month, increased from $123.51 the prior month and up 6.8 percent from the same month two years ago. RevPAR was $78.24, up from $58.98 in January and down 1.9 percent from two years ago. The February ADR level was roughly 5 percent below the 2019 level when adjusted for inflation, the report said.
Rachel Morris

US to Process F2A Petition for Spouses and Children of Green Card Holders in August - 0 views

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    According to the latest Visa Bulletin from the US Department of State, F2A petitions for spouses and minor children of Green Card Holders will be available for immediate processing from August, 2013. The date for the petition filed by a green card holder would not affect when the adjustment could be issued.
San Juan

Waterfront Tour of Bellingham with San Juan Cruises - 0 views

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    Take the shape of the Bellinghams' with waterfront tour from sea this July & August. Call 1-800-443-4552 or book online @ www.whales.com
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    Take the shape of the Bellinghams' with waterfront tour from sea this July & August. Call 1-800-443-4552 or book online @ www.whales.com
karmubapointscp

WHAT A LOAD OF CROC…… Monday 20th August 2018 - 0 views

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    Again this week we are giving away a bottle of wine (red or white) to one lucky person who has ordered a pizza. All names go into a hat and we will draw the lucky name out at 6.45pm. You must be present to win.
Holiday Mood

Book early for a Cheap flights to Douala - 0 views

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    Douala is the richest city in the whole Economic and Monetary Community of Central Africa. Douala has a tropical monsoon climate with warm and humid conditions. The driest month is December with the month of August being the wettest. For more info on cheap flight to Douala click on www.holidaymood.co.uk
Holiday Mood

Looking to go somewhere this holiday season get yourself Cheap Flights to Cape Town - 0 views

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    Weather in Cape Town is of Mediterranean nature with summers running from November till early February, winters from end of May to June, July and August, and autumn from March to April. So this Easter just call us on 02034752084 and gift yourself Cheap Flights to Cape Town.Cape Town is a South African city that attracts a multitude of travelers from business to leisure to stopover tourists. Read on to know more.
waheda farhana

Bangladesh National Museum - 0 views

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    The Bangladesh National Museum, originally established on 20 March 1913, albeit under another name, and formally inaugurated on 7 August 1913, was accorded the status of the national museum of Bangladesh on 17 November 1983.
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.
Holiday Mood

Enjoy great Wines at a table on Table Mountain when you enjoy your Holidays to Cape Town - 0 views

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    Accommodation in Cape Town is as dynamic and vast as the city itself from the budgeted dormitories to the luxury hotels Cape Town has everything from a budget to a lavish traveler. Climate in Cape Town is moderate as it gets summers from Mid October to mid February, autumn from mid February to April, winters from May to July and spring from August to mid October. Enjoy your stay in Capetown with exclusive offers from Holidaymood on Cheap Flight to Cape Town.
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