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Choosing the Right Hotel Brand Becomes Crucial as CBRE Report Reveals Dwindling RevPAR Growth
2024-11-01 20:45:21| Hotel Resource
RevPAR growth fell to 1.5% between 2018 and 2023 from 3% between 2013 and 2018. Given that year&to&date 2024 RevPAR growth is lower than it was a year ago, this slowdown is more reflective of increasing competition from alternative lodging sources rather than a lagging pandemic recovery.
Category:
Hospitality
LATEST NEWS
MGM Resorts International Revs Up for Spectacular 2024 Las Vegas Grand Prix
2024-11-01 20:29:57| Hotel Resource
MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations and events across The Strip designed to entertain fans leading up to and during race weekend.
Category:
Hospitality
Princess Hotels & Resorts Launches First Jamaican Properties: Princess Senses The Mangrove and Princess Grand Jamaica
2024-11-01 20:25:47| Hotel Resource
Spain&based hotel chain Princess Hotels & Resorts has announced the opening of two all&inclusive luxury resorts, Princess Senses The Mangrove and Princess Grand Jamaica, in Jamaica.
Category:
Hospitality