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Book 35seaterbuses in online with affordable rate; we are the best bus rental service provider in Bangalore. We have both luxury A/C and budget Non A/C vehicle to rent for all occasions like marriage function, one day outing, tour packages, team outing, school excursion etc. Our main office is in Marathahalli/hoskote and we are providing services in Mysore and Bangalore like Banashankari, Basavanagudi, CV Raman Nagar, Domlur, HAL, Hebbal, Hoskote, HSR Layout, Indiranagar, Jalahalli, Jayanagar, JP Nagar, Kadugodi, Koramangala, KR Puram, Madiwala, Majestic, Marathahalli, MG Road, Nagavara, Rajajinagar, RR Nagar, Ulsoor, Vijayanagar, Whitefield, Yeshwantpur. Kilometre reading starts and ends at customer location for outstation trips. Eg: If a customer book outstation trip from Indiranagar, the calculation of km reading will starts and end in Indiranagar. For local trips we are providing 8 hours/ 80 kms with driver, rates starts from 7000 to 8000rs Register with us, we will show you the transparent fare details (no hidden charges) through online. Hurry Up to book your travel with tejas tours and travels, Bangalore, India.

Book 35 seater buses in online with affordable rate; we are the best bus rental service provider in Bangalore. We have both luxury A/C and budget Non A/C vehicle to rent for all occasions like marriage function, one day outing, tour packages, team outing, school excursion etc. Our main office is in Marathahalli/hoskote and we are providing services in Mysore and Bangalore like Banashankari, Basavanagudi, CV Raman Nagar, Domlur, HAL, Hebbal, Hoskote, HSR Layout, Indiranagar, Jalahalli, Jayanagar, JP Nagar, Kadugodi, Koramangala, KR Puram, Madiwala, Majestic, Marathahalli, MG Road, Nagavara, Rajajinagar, RR Nagar, Ulsoor, Vijayanagar, Whitefield, Yeshwantpur. Kilometre reading starts and ends at customer location for outstation trips. Eg: If a customer book outstation trip from Whitefield, the calculation of km reading will starts and end in Whitefield. For local trips we are providing 8 hours/ 80 kms with driver, rates starts from 7000 to 8000rs Register with us, we will show you the transparent fare details (no hidden charges) through online. Hurry Up to book your travel with tejas tours and travels, Bangalore, India.

Book 35 seater buses in online with affordable rate; we are the best bus rental service provider in Bangalore. We have both luxury A/C and budget Non A/C vehicle to rent for all occasions like marriage function, one day outing, tour packages, team outing, school excursion etc. Our main office is in Marathahalli/hoskote and we are providing services in Mysore and Bangalore like Banashankari, Basavanagudi, CV Raman Nagar, Domlur, HAL, Hebbal, Hoskote, HSR Layout, Indiranagar, Jalahalli, Jayanagar, JP Nagar, Kadugodi, Koramangala, KR Puram, Madiwala, Majestic, Marathahalli, MG Road, Nagavara, Rajajinagar, RR Nagar, Ulsoor, Vijayanagar, Whitefield, Yeshwantpur. Kilometre reading starts and ends at customer location for outstation trips. Eg: If a customer book outstation trip from Marathahalli, the calculation of km reading will starts and end in Marathahalli. For local trips we are providing 8 hours/ 80 kms with driver, rates starts from 7000 to 8000rs Register with us, we will show you the transparent fare details (no hidden charges) through online. Hurry Up to book your travel with tejas tours and travels, Bangalore, India.

Book 35seaterbuses in online with affordable rate; we are the best bus rental service provider in Bangalore. We have both luxury A/C and budget Non A/C vehicle to rent for all occasions like marriage function, one day outing, tour packages, team outing, school excursion etc. Our main office is in Marathahalli/hoskote and we are providing services in Mysore and Bangalore like Banashankari, Basavanagudi, CV Raman Nagar, Domlur, HAL, Hebbal, Hoskote, HSR Layout, Indiranagar, Jalahalli, Jayanagar, JP Nagar, Kadugodi, Koramangala, KR Puram, Madiwala, Majestic, Marathahalli, MG Road, Nagavara, Rajajinagar, RR Nagar, Ulsoor, Vijayanagar, Whitefield, Yeshwantpur. Kilometer reading starts and ends at customer location for outstation trips. Eg: If a customer bookoutstation trip from hoskote, the calculation of km reading will starts and end in hoskote. For local trips we are providing 8 hours/ 80 kms with driver, rates starts from 7000 to 8000rs Register with us, we will show you the transparent fare details (no hidden charges) through online. Hurry Up to book your travel with tejas tours and travels, Bangalore, India.

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."

PEACHTREE HOTEL GROUP recently acquired two upscale hotels in Florida. They are the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura, in Aventura, Florida, outside Miami. With these recent acquisitions, Atlanta-based Peachtree, led by partners Bimal Patel, Hiten Suraj and Rupesh Patel, has acquired approximately $2 billion in hotel assets this year. The company expects to continue making opportunistic hotel acquisitions amid the current hospitality recovery cycle. "Our growth strategy since Peachtree's inception is to capitalize on cycle-specific opportunities," said Greg Friedman, Peachtree's CEO. "Today, we are seeing opportunities to acquire hotels at compelling levels, which hasn't been available over the last 15 months. With strengthening economic tailwinds boosting hotel fundamentals and compelling cap rates compared to other asset classes, the lodging sector is among the best real estate classes for investing. Also, with the ongoing inflationary environment, hotels are an excellent hedge against inflation due to daily adjustments in average daily rates."

Want to take a trip with a large group of people? Look no further than TEJAS Travels! We offer 50 seater bus hire in Bangalore at the best rates. Our 50 seater bus on rent is perfect for large groups such as school trips, corporate outings, weddings, and more. We assure good service at affordable prices. Are you planning a group outing or event? If so, you may consider the various transportation options available. One of the best options for groups of up to 50 people is a 50 seater bus. This type of bus is perfect for transporting large groups of people to and from events, outings, and more. Read on to learn more about our 50 seater bus rent price and services.

ANNUAL CHANGES IN U.S. hotel utility costs and in the Consumer Price Index, or inflation, have historically proven to be strongly correlated. As of August 2022, CBRE is forecasting CPI growth to be 7.7 percent in 2022, followed by another 3.6 percent in 2023. Since inflation has averaged just 2.2 percent since 2000, these inflation projections have hoteliers concerned about operating costs. Given that rising energy costs are a significant driver of the current rise in CPI, hotel managers are especially worried about utility department expenses. Over the past 50 years, utility department expenses have averaged between 3 and 4 percent of total revenue, indicating that hotel managers have been successfully controlling energy costs in the face of fluctuating business volumes. This is particularly commendable given the highly fixed nature of utility expenses. To provide some context to the current challenging environment, we studied recent trends in hotel utility department expenses. The data come from a sample of more than 2,800 U.S. hotels that reported utility department expenses each year from 2015 through 2021 for CBRE's annual "Trends in the Hotel Industry" survey. In 2021 the properties in the sample averaged 209 rooms in size, with an annual occupancy rate of 54.2 percent and an average daily rate of $152.70.

The luxury bus rentals or hire rates can be viewed on our website for bus rental services. Bus services are regularly conducted to provide a smooth riding experience each time you choose our luxury bus services for travel. 40-seater coach hire services in Bangalore are best suited all through the year. The bus rent per km for travelling starts from Rs 46 /km for a 40-seater luxury bus hire price in Bangalore.

Book an Innova online at reasonable rates from a reputed travel agency. If you are landing at the airport, choose Tejas Travels for the airport pick-up facility. The chauffeurs are professional and maintain time discipline. The rides are hygienic and well-maintained. The drivers have fairly good knowledge about the place and will be able to take you maneuvering through the heavy traffic jams. You also can avoid the huge pressure of finding parking, which is squarely on the shoulders of the drivers.

THE BAIRD/STR HOTEL Stock Index dropped 2.4 percent to 5,600, influenced by increasing interest rates affecting both real estate stocks and investor sentiment, according to STR. Moreover, U.S. hotel demand saw a 1.3 percent decrease in October, linked in part to a calendar shift. This marks the third consecutive month of stock decline after a surge in July. "Hotel stocks declined for the third straight month in October, aligning with broader market trends," said Michael Bellisario, senior hotel research analyst and director at Baird. "Elevated interest rates continued to drive performance, with real estate stocks bearing the brunt. Hotel REITs stood out as relative outperformers. The global hotel brands experienced a roughly 2 percent decrease, closely mirroring the S&P 500's retreat in October." In October, the Baird/STR Index fell behind the S&P 500, down 2.2 percent, but surpassed the MSCI US REIT Index, down 4.5 percent.

ECONOMIC HEADWINDS AND geopolitical concerns are expected to affect U.S. hotel performance in 2024, according to PwC. The issues include continuing high interest rates and the Israel-Palestine conflict. Occupancy levels have consistently decreased over the past seven months compared to the same period in 2022. This downward trend is anticipated to persist for the remainder of this year and extend into at least the first quarter of 2024. However, PwC forecasts a 63 percent annual occupancy rate for US hotels this year. Hotels in the U.S. experienced a weakening in leisure demand during the latter part of this year, as global vacation destinations reopened, and leisure travelers regained confidence in traveling abroad, PwC said in its latest report titled U.S. Hospitality Directions: November 2023. Moreover, gains in individual and group business travel haven't completely counteracted this softening.

STR AND TOURISM ECONOMICS have increased year-over-year growth projections for ADR and RevPAR in the final revision of the U.S. hotel forecast for 2023. While some factors, such as higher interest rates and more restrictive lending, may impact the economy, their effect on the travel industry is not expected to be strong. In 2023, RevPAR saw a 0.3 percentage point increase, propelled by a 0.6ppt rise in ADR growth, according to STR and TE. Meanwhile, recent RevPAR trends affirm rate as the predominant performance driver. Occupancy was downgraded by 0.2ppts, STR and TE said in a statement. Growth projections for key performance metrics in 2024 remained flat from the previous forecast, reflecting the stabilization of long-term average trends.

OWNERS OF ECONOMY brand hotels may not always think about improving the appeal of their properties, and up until now their options for interior design have been limited. Alpa Patel discovered those limitations and four years ago it inspired her to do something about it. She has created a company, Spaceez, that offers affordable design work to those owners to give them the option of upgrading their hotels into boutiques, allowing them to charge higher rates accordingly. Her inspiration comes from her efforts to help improve her parents' Super 8 hotel where she grew up in Arlington, Texas. "My dad was going to refresh the property because he hadn't touched it in a decade. I said Dad, do something nice with the lobby. He was just going to do the rooms," Patel said. "The lobbies, it's a public space and people come if it looks nice photographs, nice. You could charge higher rates."

THE U.S. ADDED 428,000 jobs in April, keeping the unemployment rate at 3.6 percent, just above the level two years ago, according to the U.S. Department of Labor. However, the leisure and hospitality sector saw some of the slowest growth in job creation. After spiking to 14.7 percent in April 2020 following business closures across the country due to COVID-19, unemployment has declined steadily and is now just a hair above its 3.5 percent rate before the pandemic, the latest jobs report indicates. The number of unemployed people was at 5.9 million in April, not far from where it was in February 2020, new data showed.

THE MAJOR CHALLENGES faced by U.S. hotels are labor, the return of corporate, group and conference travel, the impact of inflation on cost lines and the energy crisis, said Michael Grove, COO of HotStats, in a recent presentation. In the same session at the International Hospitality Investment Forum, panelists debated the best metric by which to measure industry performance. While speaking during a panel session at IHIF titled "Decoding the Data", Grove said that the most pressing issue is fixed costs are being replaced by oncoming growth in the variable areas which changes the dynamic of the cost base. "One of the key items around the average rate growth is what's going to happen when the full business mix returns," Grove said. "We still have a lot more of the lower-rated business to come back-the tours and groups and the other segments. We need to look at the impact on the cost lines themselves, the expense items around the P&L and what impact inflation is having on those, what impact the labor challenge is having.

WYNDHAM HOTELS & RESORTS has entered into a new agreement with Groups360 to bring instant online multi-room bookings to Wyndham hotels in 2023. Using Groups360's GroupSync Marketplace direct booking solution, Wyndham hotel owners will have the opportunity to integrate the platform with their hotel reservation systems, providing travel planners, including groups and events organizers along with those managing infrastructure, logistics and corporate accounts, with rates and availability as well as booking of rooms online, the company said in a statement. "Over the last three years, Wyndham has invested over $100 million in major technology initiatives, giving our franchisees access to best-in-class offerings that unlock new efficiencies while helping to grow their bottom line," said Lisa Checchio, Wyndham's chief marketing officer. "Bringing franchisees access to GroupSync is just the latest example and one we believe offers incredible opportunity for franchisees, particularly those in the economy segment, where such technology is an industry first." Hotels that publish live inventory and rates within the GroupSync Marketplace save travel planners' valuable time by allowing them to search, shop and book blocks of rooms. Possible users include short one- to-two-night group events such as youth sports, weddings and family reunions, as well as multi-week infrastructure or logistics projects such as commercial construction, bridge repair or highway expansion, Wyndham's statement said.

Minibus price per km in Bangalore is the best compared to any minibus on rent price on any portal. We at Tejas Travels make sure that your luxury mini-coach hire when you book a minibus for the day or more, is cleaned and well-serviced after each ride. Safety measures are followed as a protocol by the experienced team and staff. Rates for minibus on hire in Bangalore by Tejas Travels are worth the service we provide. We will make sure that every trip for minibus booking on searching for a minibus for rent near me at any time of the year, is a memorable and comfortable one. Luxury minibus 20-seater rent per km for 20-seater minibus rentals in Bangalore is perfect for any journey and at an unbeatable price too. When planning for educational trips too, minibus 20-seater rent per km in Bangalore will fit any budget.

U.S. EXTENDED-STAY hotels continued to perform well in November with recovery indices up compared to October and 2019, according to a report from The Highland Group. However, the market is showing signs of slowing. All extended-stay segments posted RevPAR gains in November compared to last year, the US Extended-Stay Hotels Bulletin: November 2022 report said. "Monthly gains in ADR and RevPAR have decelerated for most of the year and November increases were the lowest in 2022. Both economy and mid-price segments reported RevPAR increases well below the rate of inflation for the first time in November," the report said. "ADR growth is still high compared to long-term averages but with the economy segment reporting its eighth consecutive monthly decline in demand and mid-price extended-stay hotel demand also declining in November, rate resistance is building especially at lower price points."