Hotel Franchise Owners Ask ‘What Happened to My Area of Protection?’ – By Jim Butler
Hotel Lawyer on Owners’ concerns with hotel brand franchise agreements – Areas of Protection or Non-competition clauses
Trends
Hotels in Melbourne Report Performance Declines for November 2018
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).
Hotel Demand Jumps in Areas Affected by California Wildfires
Parts of California affected by wildfires saw significant increases in hotel demand, according to an analysis by STR's Consulting & Analytics division
U.S. Job Openings Little Changed at 7.1 Million; Hires Edge Up in October
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 Hotels Report Higher Performance Levels for November 2018
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).
Performance Decline for Jeddah Hotels for November 2018
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).
Horwath Market Report: Rwanda – By Ronald Ngabo
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 Chain Hotels Market Review – October 2018
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.
U.S. November Unemployment Rate Unchanged At 3.7%
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.
Solid Gains for US Hoteliers in November in an Uncertain Future National Business Climate
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™.