Tourism and Hotel Market to Witness Huge Growth by 2022-2028 | Villa Maroc, Palais AMANI, Radisson Blu Hotel
Tourism and Hotel Market to Witness Huge Growth by 2022-2028 | Villa Maroc, Palais AMANI, Radisson Blu Hotel
Source: sandiegosun.com
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Report: Boutique Hotels Fared Well in 2020
Luxury and soft-brand collections performed the best Boutique hotels started the second quarter of 2020 with significant revenue-per-available-room (RevPAR) declines like the overall hotel industry, according to The Highland Group’s “Boutique Hotel Report 2021.” However, many boutiques began reporting strong RevPAR improvements in the latter part of the year as they began to decelerate average rate discounts. “This yield management strategy, most widely seen in the upper upscale/luxury class of independent boutique and soft brand collections, positions these boutique hotels in a stro...
Source: boutiquedesign.com