Home Tags REVPar

Tag: REVPar

US hotel industry occupancy increases

In year-over-year measurements, the US hotel industry’s occupancy increased 6.4 percent to 57.0 percent, with New Orleans, Louisiana coming in with the largest increases for the week of May 2-8, 201

Steve Pinchuk on the usage of metrics for yielding and accounting

Revenue management professionals quite often get into the RevPAR vs. GOPPAR debate.

The decade of delusion

Good riddance to the decade of delusion.

Attendees of STR’s inaugural Hotel Data Conference predict RevPAR recovery in...

More than 50 percent of attendees who participated in a survey at STR's inaugural Hotel Data Conference presented by Magnuson Hotels on August 4-5 believe the industry's revenue per available room wil

The light at the end of the tunnel appears for US...

PKF Hospitality Research (PKF-HR) announced today that, according to its June 2009 edition of Hotel Horizons(R), rooms revenue per available room (RevPAR) will reach its cyclical low point in the thir

Oil-rich kingdom trying to get tourist-rich

Of all nations in the world, Saudi Arabia has so far suffered the least from the global crisis.

US hotel industry begins 2009 in the red

The hotel industry in the United States experienced declines in three key performance measurements during the week of 28 December 2008-03 January 2009, according to data from the Smith Travel Research

US economic slowdown: Coming to an end or just beginning?

DUBAI, United Arab Emirates (eTN) - When Jean-Claude Baumgarten, president of the World Travel and Tourism Council, sounded as though he was just joking, he truly wasn’t. He warned the US to take heed of the signs of the times sometime in January. He left with this remark: “In the past, when America sneezes, Europe catches a cold and the rest of the world dies of pneumonia.

2008 is bumpy for US hotel business

Los Angeles, California (eTN) - At the Americas Lodging Investment Summit (ALIS) held last week in L.A., top hotel experts forecast industry meltdown in the days of the current, or impending recession. Main implications for 2008 show occupancy rates; average rates and revenues softening moderately in the US, according to the Oxford Economics.