Along with an increase in hotel occupancy, we've also seen an increase in rates in some areas. In the first five days of the fires, hotel room rates rose 22% in Hollywood and Beverly Hills ...
Demand in YTD FY2025 has been driven by sustained domestic leisure travel, demand from meetings, incentives, conferences and ...
Citing improving business travel levels, CBRE Hotels Research on Thursday projected 2025 U.S. hotel occupancy, average daily rate and revenue per available room each would increase from 2024 levels.
as it added more hotel rooms and attracted fewer visitors. But the area’s 130,000 rooms saw a surge in bookings in the final three months of the year, so the annual occupancy rate was down only ...
The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) announced that hotel occupancy rates in Abu Dhabi averaged 81 per cent across the four days of Eid Al Adha. This represented an ...
The occupancy rate for Owensboro hotels dipped from 59.2% in 2023 to 58.2% last year. It had been 59.3% in 2022. The all-time local occupancy rate was 59.63% in 1994. But the average room rate in ...
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