Page 12 - Upper Upscale News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What are the best hotels in America? J.D. Power ranks the top hotels and reveals the big trends in an annual study.

/PRNewswire/ -- Margaritaville Hotels & Resorts ranks first among Upper Upscale Hotel Brands*, according to the J.D. Power 2023 North America Hotel Guest...

Article - STR U.S. Hotel Performance Review for June 2023 - U.S. hotel demand declined slightly year over year, but modest supply growth helped mitigate the impact on occupancy.

Article - Weekly Global Hotel Performance Trends from STR: 25 June - 1 July 2023 - Global occupancy (excluding the U.S) at 70.7% was nearly at the post-pandemic high of 70.8% recorded two weeks ago. The measure was up 6.2ppts YoY with ADR rising 18.0% YoY to US$160. As a result, RevPAR continued to see strong year-over-year growth (+29.3%) and attaining US$113, its highest level since the March 2020.

Article - Weekly Global Hotel Performance Trends from STR: 11 - 17 June 2023 - Global occupancy (excluding the U.S) reached a post-pandemic high of 70.9%, up 6.7ppts YoY. ADR increased 14.8% YoY to US$153, resulting in RevPAR of US$109, also a post-pandemic high and up 26.8% YoY.