Global RevPAR, excluding the U.S., advanced 10.2%, marking the third week of double&digit growth. This was driven mainly by ADR, which increased 7.7%. Japan led the top countries in RevPAR growth with a 22.9% increase.
Appeared first on: hotelnewsresource.com
Hilton on Track to Triple its Portfolio in Egypt with Plans to Open 25 Hotels Across the Country
Hilton is on track to triple its presence in Egypt with plans to open 25 hotels across the country, including the signing of more than ten new properties under the global hospitality company’s award-winning brands. Hilton’s growing pipeline brings it closer to its aim of exceeding 40 hotels operating in Egypt over the coming years. Appeared first on: … [Read More...]
FONTAINEBLEAU LAS VEGAS CELEBRATES MOMENTOUS FIRST YEAR
Since Fontainebleau Las Vegas’ global debut one year ago on December 13, 2023, the 67-story luxury resort has established itself as the Strip’s premier destination for world-class entertainment, nightlife, and dining. In its first year, Fontainebleau Las Vegas has set a benchmark for excellence, garnering prestigious accolades such as TIME Magazine’s World’s … [Read More...]
Key steps to building a high-impact training program for hotel staff
By Tanya Galton The front-line employees of a hotel are the first point of contact for the guests. They represent the hotel brand, and in many ways, the very first impression about your hotel or chain that your guests get depends on your line staff. Major psychology researches confirm that the first impression is the most important one for any business and is very hard to override. Imagine how … [Read More...]
SiteMinder: Return of international travel drives up U.S. hotel bookings for Christmas
DALLAS, Texas—Hotel bookings at American properties for the days leading up to Christmas, 21-25 December, are up 22% from last year, shows new data from SiteMinder, the world’s leading hotel distribution and revenue platform. International bookings are driving the surge, rising by over 15% annually to 32% of total bookings at American hotels this year, compared to 28% during the same … [Read More...]
CBRE: Growth forecast to improve in Q4
Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a 0.5% increase in RevPAR growth for 2024, down from the previously estimated 1.2% in August. This revision reflects a 40 basis point (bps) decrease in expected … [Read More...]