Hotel Lawyer on Owners concerns with hotel brand franchise agreements – Areas of Protection or Non-competition clauses
According to preliminary November data from STR, hotels in Melbourne saw occupancy drop 3% to 86.6%, ADR dip 0.4% to 201.90 Australian dollars ($145.72) and RevPAR decline 3.3% to AU$174.92 ($126.43).
Parts of California affected by wildfires saw significant increases in hotel demand, according to an analysis by STR's Consulting & Analytics division
Job openings were little changed at 7.1 million on the last business day of October. Over the month, hires edged up to 5.9 million nearly matching a series high, while separations were little changed.
London hotel occupancy rose 2.5% to 85.9% in November, according to preliminary data from STR. ADR rose 3% to £156.94 ($198), which drove RevPAR up 5.6% to £134.85 ($170.13).
According to preliminary November data from STR, hotels in Jeddah, Saudi Arabia, reported occupancy decreased 4.3% to 43.9%, ADR dropped 10.1% to 624.69 Saudi Arabian riyals ($166.58) and RevPAR fell 14% to 274.35 riyals ($73.16).
Rwanda is no longer a newcomer into the tourism scene it has paved its own way to becoming a leading eco-tourism and MICE destination, anchored in its vision, values, aspirations and leadership. Now is the time to invest in this country full of opportunities and possibilities.
European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats.
Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
At the industry level, US hoteliers enjoyed solid gains in the just-ended month of November, according to the published December issue of the Hotel Industry Pulse (HIP) Digest.