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Fewer Global Hotel Markets Recording RevPAR Growth, Japan Being the Big Exception
2024-04-24 19:54:17| Hotel Resource
STR's global 'bubble chart' update for the four weeks ending 6 April 2024 shows 60% of markets with year&over&year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our last update, showing more of the world has reached a normalization period.
Category:
Hospitality
LATEST NEWS
Prime Investment Properties Negotiates the Sale of the Historic Virginian Hotel, Medicine Bow, WY
2024-04-24 03:53:02| Hotel Resource
Dan Emert, Managing Principal of Prime Investment Properties and member of Hotel Brokers International, developed the marketing strategy and led the negotiations in the transaction. The Virginian Hotel has been acquired by JET Hospitality for an undisclosed price.
Category:
Hospitality
Hotel Marketing Podcast Episode 256 & Key Takeaways From The 2024 Hotelier Sentiment Study
2024-04-23 23:53:34| Hotel Resource
Hoteliers face an onslaught of challenges every single day. That's why we compiled the 2024 Hotelier Sentiment Study where we uncovered the top concerns of hoteliers just like you. On this episode, we go through the data and discuss the top 4 takeaways.
Category:
Hospitality