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U.S. Hotel Industry Reports Mixed Results for Week Ending 25th January 2025
2025-01-30 17:28:24| Hotel Resource
Washington, D.C. saw a surge in average daily rate (ADR) and revenue per available room (RevPAR), helped by the presidential inauguration, while Chicago and Seattle reported steep declines.
Category:
Hospitality
LATEST NEWS
How Public Policy and Economic Factors are Shaping NYC's Booming Hotel Market
2025-01-30 17:17:29| Hotel Resource
Regulatory changes and economic factors limit the addition of new hotel rooms, drive room rates higher, and create a favorable environment for hotel owners and operators.
Category:
Hospitality
Why All&Inclusive Resort Development Faces Challenges in Europe
2025-01-30 17:12:04| Hotel Resource
Despite the popularity and success of all&inclusive resorts in regions like the Caribbean, developing such resorts in Europe presents unique challenges, including regulatory issues, cultural differences and seasonality.
Category:
Hospitality