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Category: Markets


Finance and Development, Markets

7 Changes the UK’s Hotel Sector Can’t Afford to Ignore

January 14, 2022

Via: Hospitality Net

The pandemic, Brexit and ongoing supply issues have prompted key changes in the UK’s hotel sector, many of which are long-term, if not permanent. “The past 18 months has been an unprecedented time for hotels. In order to survive, businesses […]


Finance and Development, Markets

STR Reports London Hotel Occupancy Fell in December Amid Latest COVID Concerns

January 11, 2022

Via: Hotel News Resource

Amid increased COVID-19 cases, London’s hotel industry reported lower occupancy but higher room rates, according to preliminary December 2021 data from STR. Occupancy: 53.4% Average daily rate (ADR): GBP153.63 Revenue per available room (RevPAR): GBP82.08 The occupancy level was the […]


Finance and Development, Markets

U.S. Market Recovery Monitor – 1 January 2022 – STR

January 10, 2022

Via: Hotel News Resource

Excerpt from STR I’ll be home for Christmas rang true this year in the U.S. as Christmas Day hotel occupancy (47.3%) was the highest ever recorded by STR. The previous Christmas peak was reached in 2015 (47.0%). The remainder of […]


Finance and Development, Markets

STR: U.S. hotel results for week ending 1 January

January 7, 2022

Via: Hospitality Net

U.S. hotel average daily rate (ADR) reached an all-time weekly high, according to STR‘s latest data through 1 January. 26 December 2021 through 1 January 2022 (percentage change from pre-pandemic comparable*): Occupancy: 54.3% (+10.7%) Average daily rate (ADR): US$157.91 (+15.1%) […]


Finance and Development, Markets

How the Indian Hospitality Industry Is Transforming Through Innovation

January 4, 2022

Via: Hospitality Net

The pandemic’s onset and subsequent series of lockdowns adversely impacted the entire world, and the hospitality industry was at the forefront. However, the sector has also been quick to bounce back from the initial disruptions and dip in business. With […]


Finance and Development, Markets

Omicron Emergence a Yardstick for the Hotel Industry

January 3, 2022

Via: Hospitality Net

Though the materialization of new coronavirus strains vex, it turns out, the more thrown our way, the better we now appear to cope. Just as the world was rounding the corner on the Delta variant, along came Omicron—a rowdy interloper […]


Finance and Development, Markets

myDigital Office: MAPP Data for Christmas and New Year’s Eve shows occupancy double 2020 for Holiday

December 21, 2021

Via: Hospitality Net

A few short weeks after millions of travelers headed out for Thanksgiving, the omicron variant continues to emerge as many more travelers and hoteliers plan for Christmas and New Year’s. The upcoming travel boom is worrying public health officials and […]


Finance and Development, Markets

STR Reports Abu Dhabi Hotel Occupancy Reached Pandemic-era High in November

December 13, 2021

Via: Hotel News Resource

Abu Dhabi’s hotel industry reported its highest monthly occupancy level since the beginning of the pandemic, according to preliminary November 2021 data from STR. Occupancy: 77.1% Average daily rate (ADR): AED496.50 Revenue per available room (RevPAR): AED382.65 The market’s occupancy […]


Finance and Development, Markets

Survey: 86% of Hotels Say Supply Chain Issues Impacting Operations

December 8, 2021

Via: Hospitality Net

Supply chain disruptions are impacting the operations of more than eight in ten surveyed hotels, and nearly three in four hotel operators say the disruptions are negatively impacting their business revenue, according to a new survey of American Hotel & […]


Finance and Development, Markets

The Staycation helps deliver record Q3 results with resilience in budget travel market

December 6, 2021

Via: Hospitality Net

Craig Bonnar, Chief Executive commented: “Following the lifting of all Covid-19 restrictions Travelodge has delivered a record trading performance in quarter 3. We saw a significant increase in demand post 19 July, with very strong levels of domestic leisure demand […]