How to Determine a Hotel's Feasibility and Land Value in 60 Seconds
Several times a month, I get a call that usually goes like this:
Source: hospitalitynet.org
Average Daily Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Average Daily Rate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Average Daily Rate Today - Breaking & Trending Today
Summer lodging picture is better in the Vail Valley than other mountain resorts
The Vail Valley is in a fortunate spot compared to much of the rest of the Western mountain resort industry. That favorable position is showing again. According to the latest data from DestiMetrics, the Business...
Source: vaildaily.com
Minor Hotels Reports Strong Q1 Profit TravelDailyNews Asia & Pacific
Minor Hotels Reports Strong Q1 Profit Despite European Seasonality
Source: traveldailynews.asia
Tier-II and Tier-III cities like Ayodhya becoming the growth drivers of hospitality sector
India tier II and III cities such as Jaipur Indore Surat and notably Ayodhya are emerging as the growth drivers for the hospitality sector in India
Source: bignewsnetwork.com
Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLL
In the first quarter of 2024, the Indian hospitality sector experienced positive growth, with a significant increase in Average Daily Rate (ADR) driving Revenue Per Available Room (RevPAR) up by 11.4% compared to the same period in 2023. This growth was fueled by a rise in corporate travel, weddings, and MICE demand. The sector also saw a 5.5% increase in RevPAR from the fourth quarter of 2023, supported by strong occupancy levels and ADR growth. The outlook for the sector remains optimistic, with continued growth expected in the second quarter driven by business travel and leisure demand.
Source: indiatimes.com