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› U.S. Hotel Industry Shows Growth, With San Francisco Leading in Performance for Week Ending 3 May
U.S. Hotel Industry Shows Growth, With San Francisco Leading in Performance for Week Ending 3 May
2025-05-08 17:38:04| Hotel Resource
The U.S. hotel industry reports year&over&year growth, with occupancy at 65.8%, the average daily rate at US$164.33, and revenue per available room at US$108.06.
Category:
Hospitality
LATEST NEWS
Eurovision Song Contest Fuels Near&Total Hotel Occupancy in Basel
2025-05-08 17:31:32| Hotel Resource
The upcoming Eurovision Song Contest propels Basel hotel bookings to nearly full capacity, with occupancy rates as high as 97%. The limited number of hotel rooms in Basel compared to previous host cities is contributing to the high booking rate.
Category:
Hospitality
NZ Hotel Holdings' Diverse Hotel Portfolio Up for Grabs
2025-05-07 19:53:10| Hotel Resource
In a historic move, NZ Hotel Holdings (NZHH) has announced its intent to divest its nationwide hotel portfolio, marking the largest such portfolio ever brought to market in New Zealand.
Category:
Hospitality