25.04.2024
24.04.2024
Daily travel & tourism news portal for the international travel trade market since 1999
The research highlighted that the biggest pressure on profit comes from Payroll, which ranges from as low as 23% of
Grand Prix drives premium profit at Abu Dhabi hotels but is well behind previous years.
The Hotel Market Profitability Forecasts are real-time quarterly profitability forecasts covering major markets across the UK, Europe, Middle East and
A simultaneous increase in occupancy of 6.3 percentage points to 76.9% and average room rate (ARR) of 2.1% to US$252.54,
Four and five star hotels in Dubai experienced softening market conditions as average room rates (ARR) fell by 4.6% to
Year end excellence for Amsterdam and Brussels. Both cities were amongst the best performing markets in Europe in December, achieving
The month of November 2014 hotels in Dubai have reported weakening performance trends, as RevPAR declined by 6.6% to US$
Madrid hoteliers managed to simultaneously increase occupancy by 0.7 percentage points to 63.6% and ARR by 2.5%, resulting in a
Hotels in the East of the country achieved a combined uplift in occupancy of 3.4 percentage points and in average
Both Regional UK and London hotel markets will continue to grow in 2015 with rising TRevPAR and GOPPAR anticipated, according
