Hotels in the Middle East grew occupancy by 4.1% to 74.6% in April as ADR declined 7.1% to $148.28 and RevPAR decreased 3.3% to $110.62. Africa hotel occupancy rose 0.8% to 62.1%, ADR jumped 8.1% to $116.18 and RevPAR rose 9% to $72.15 for the month.
Posted on: 24 May 2019 | 2:25 pm
European hotel occupancy dipped 0.3% in April to 72%, but ADR rose 3.3% to 110.09 ($122.58) and RevPAR increase 3% to 79.29 ($88.29).
Posted on: 24 May 2019 | 2:07 pm
In the era of online reviews and social media, guest experiences at the front desk impact the financial success of your hotel. First impressions formulated at check-in bias guests' overall opinions, whether for better or for worse.
Posted on: 24 May 2019 | 1:56 pm
Paul Berry, a veteran hotelier who has managed several of the world's premier luxury resorts, has been appointed vice president of hotel operations for Sunseeker Resorts, a division of Allegiant Travel Company (NASDAQ: ALGT).
Posted on: 23 May 2019 | 2:47 pm
Growth in visitation and investment defies nationwide trends
Posted on: 23 May 2019 | 2:42 pm
Cunard Announces Addition of Glacier Bay to 2020 Alaska Voyages
Posted on: 23 May 2019 | 2:39 pm
Rocco Forte Hotels has unveiled their second hotel in Rome today, Hotel de la Ville, following an extraordinary renovation to the historical 18-century palazzo.
Posted on: 23 May 2019 | 2:34 pm
This week, Sabre has reached two crucial milestones in this journey - the opening of the technology company's new development center location in Krakow, and the appointment of technology veteran Sebastian Drzewieckit to lead the team. The new facility will be housed in one of the city's most progressive office buildings, providing a cutting-edge environment to further improve Sabre's development capabilities.
Posted on: 23 May 2019 | 2:26 pm
The latest issue of the UNWTO World Tourism Barometer from the World Tourism Organization shows that international tourism continued to grow over the first quarter of 2019. Though at a slower rate when compared with the last two years, the 4% increase registered in early 2019 is a very positive sign.
Posted on: 23 May 2019 | 2:21 pm
New study reveals gig economy is alive and thriving in the hospitality industry with nearly 76% of hotels using contractors for senior hires
Posted on: 23 May 2019 | 2:11 pm
Taco Bell is continuing its major global expansion with the signing of its largest master franchise agreement in India, as well as unveiling new international markets for the brand.
Posted on: 23 May 2019 | 2:02 pm
The total sale price agreed was Ps. $95.0 million plus VAT. This price represents a cap rate of 9.4% considering an NOI of Ps. $8.9 million generated by the hotel from May 2018 to April 2019.
Posted on: 23 May 2019 | 1:49 pm
The new hotel will be located in the middle of the 'new Marseille', the totally renewed urban area around the Marseille harbour and will have 194 rooms, 574 beds as well as 22 parking spaces.
Posted on: 23 May 2019 | 1:47 pm
Airbnb on Wednesday launched its Arabic website in a bit to grow its presence across the Middle East and North-Africa region, where it has over 70,000 listings.
Posted on: 23 May 2019 | 1:43 pm
The Global Business Travel Association (GBTA) announced author, restaurateur and host of Spike TVs Bar Rescue Jon Taffer as a featured keynoter at GBTA Convention 2019, held August 3-7 in Chicago. Taffer will deliver a keynote during the Welcome Kick Off Session on Sunday, August 4.
Posted on: 23 May 2019 | 1:38 pm