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US hotel performance drops during Passover, Holy Week
2025-05-16 19:45:03| Spiritual Career Counseling
U.S. hotels experienced a down performance week as expected due to spring holidays.In the week of April 13-19, 2025, U.S. hotel revenue per available room (RevPAR) fell 9.3%, with occupancy declining 5.4 percentage points and average daily rate (ADR) dropping 1.3%. The decrease was expected given that Passover began on the evening of Saturday, April 12 as well as Holy Week, the seven days before Easter on Sunday, April 20. This resulted in lower travel demand along with a difficult comparison to last year given that Easter was in March and Passover was later in the month.Holy Week performance generally in line with similar weeksThe RevPAR decline this Holy Week was larger than the 10-year average ending in 2019 (-9.3% vs. -3.5%). However, when compared to 2019 alone, the decline was in line. Last year, the measure was down 6% in the comparable week.Hotel demand was down 7.5% year over year, but compared to Holy Week 2024, the decrease was much less (-0.4%). Additionally, room demand wa...
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Employment
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Ethereum Price Forecast: Whales increase buying pressure as developers set April 30 for Pectra mainnet upgrade
2025-05-16 07:45:03| Spiritual Career Counseling
FXStreetUpdated Reviewed byMitradeSource: DepositPhotosEthereum developers tentatively scheduled the Pectra mainnet upgrade for April 30 in the latest ACDC call.Whales have stepped up their buying pressure in hopes of a price uptick upon Pectra going live on mainnet.ETH could face strong bearish pressure if its technical indicators confirm a breakdown signal.Ethereum (ETH) has seen immense buying from whales on Thursday following core developers fixing April 30 as a tentative date for the Pectra upgrade to go live on mainnet.Ethereum whales increase buying pressure ahead of Pectra mainnet upgradeIn its latest All Core Developers Consensus (ACDC)call, Ethereum developers tentatively scheduled April 30 for the Pectra mainnet upgrade.The Pectra upgrade successfully went live on the new Hoodi testnet (or test network) on Wednesday. However, developers are still observing potential issues, considering the hiccups seen in the Holesky and Sepolia testnets after a similar upgrade.If April 30 i...
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Employment
Next-gen interoperability arrives for Cosmos and Ethereum
2025-05-16 07:45:03| Spiritual Career Counseling
Next-gen interoperability arrives for Cosmos and Ethereum Christina Comben 4 hours ago 2 min read News Cosmos Ethereum Technology Cosmos' IBC Eureka achieved a significant milestone with the first transaction between Cosmos Hub and Ethereum, demonstrating the protocol's ability to connect independent blockchains natively. Christina Comben Mar. 31, 2025 at 1:35 am UTC 2 min readUpdated: Mar. 31, 2025 at 1:35 am UTC Share Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.Magnas Mareneck, co-CEO at the newly-formed Interchain Labs, commented:EUREKA! Cosmos Hub MAINNET has now sent its first li...
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Employment