The festive month of October 2024 witnessed a nationwide decline in occupancy rates but reported an overall surge in both average room rates (ARR) and hotel signings when compared year-on-year and ...
According to the Hawaii Hotel Performance Report, hotel occupancy marks a 10 percentage ... The average daily rate, or ADR, for hotels jumped 28%, from $246 in September 2019 to $316 in September ...
The average occupancy rate of guest rooms of hotel establishments rose by 4.5 percentage points year-on-year to 87.3%. Meanwhile, number of guests dropped by 5.8% to 1,176,000, and their average ...
The average daily U.S. hotel rate in October increased year over year, as did the occupancy rate and revenue per available room, according to hotel analytics firm STR. ADR in October increased 1.8 ...
PETALING JAYA: The Malaysian Association of Hotels (MAH) is maintaining its average hotel occupancy rate target of 25% for this year, assuming that domestic demand can be sustained. MAH chief ...
The publisher has been closely monitoring the various markets in Saudi Arabia. This report provides a comprehensive analysis, detailing market size, forecast, trends, growth drivers, and challenges.
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! otel businesses are ...
Hotel occupancy rates in Umm Al Quwain increased by 27% throughout 2023 compared to 2022, marking the highest surge witnessed in the emirate, according to the Department of Tourism and Archaeology in ...
Third-quarter average daily rate and revenue per available room at U.S. extended-stay hotels each increased year over year, but occupancy declined and supply growth remains low, according to a new ...
KOTA KINABALU: Sabah’s hotel occupancy rates are hitting the 92% mark, which is among the highest in the country, state Tourism, Culture and Environment Minister Datuk Masidi Manjun said.
The UAE Cabinet’s new Golden Visa regulations will lead to increased bookings as investor interest rises, and long-term entry permits welcome more visitors to the nation’s hospitality offerings, an ...