The final forecast revision for U.S. hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy.
Appeared first on: hotelnewsresource.com
New Hotel, The Daydrift, Opens Doors in Miami Beach's Collins Park
The Daydrift is located near Miami Beach's cultural and entertainment spots, including the Bass Museum of Art, Miami City Ballet, Miami Beach Convention Center, and Lincoln Road's shops and restaurants. Appeared first on: hotelnewsresource.com … [Read More...]
U.S. Hotel Industry Experiences a Dip Over Thanksgiving Week, Tampa and Oahu Buck the Trend
Following the Thanksgiving calendar shift, the U.S. hotel industry posted lower year&over&year performance comparisons for the week ending November 30, 2024. Appeared first on: hotelnewsresource.com … [Read More...]
Hilton Anticipates Record Growth for Luxury Brands in 2025
Hilton's luxury brands are poised to experience substantial growth, with over 500 properties now open worldwide. Appeared first on: hotelnewsresource.com … [Read More...]
Strategies to Capture Those Last&Minute Holiday Party Bookings at Your Hotel
With the holiday season fast approaching, capturing those last&minute holiday party bookings can be a game changer for your hotel’s revenue. Here’s how you can put your property in front of the pack. Appeared first on: hotelnewsresource.com … [Read More...]
OTB in Hospitality: Your Guide to On&the&books Data and Why It Matters
OTB is one of the most commonly used acronyms in hotel revenue management, and it stands for on&the&books. Appeared first on: hotelnewsresource.com … [Read More...]