For the week ending December 14th, the U.S. hotel industry demonstrated positive year-over-year growth, driven by an increase in occupancy, average daily rate (ADR), and revenue per available room (RevPAR). Occupancy surged by 8.5% to 59.5%, ADR grew by 8.9%, and RevPAR saw significant growth,
The UK government has been urged to permanently reduce business rates to support the hospitality sector, which has historically overpaid in taxes by £2.4 billion annually. UKHospitality, representing the hospitality industry, presented compelling evidence to the Public Bill Committee regarding the
As the winter season approaches, a noticeable surge in travel interest has emerged, fueled by a collective quest for sunny escapes, bustling cityscapes, and exhilarating snow adventures. According to the Expedia Winter Travel Outlook, there has been a 10% increase in winter travel interest compared
In the competitive world of hospitality, staying ahead of the curve is crucial. One of the most effective ways to maintain a competitive edge is through the use of hotel rate shopping tools. These tools provide hoteliers with real-time data and insights into competitors' pricing strategies,
Winter travel trends are evolving, with more holiday-goers seeking unique and memorable experiences. According to the Association of British Travel Agents (ABTA), a significant number of travelers are now favoring trips to Christmas markets and the Northern Lights. This shift in preferences
The global hotel and travel industry has experienced a substantial resurgence, marked by a 10.2% increase in revenue per available room (RevPAR). This impressive growth has been driven by higher occupancy rates and average daily rates (ADR), with Mexico standing out as a significant contributor. A
