Hotels in London reported mixed year-over-year performance in October, according to preliminary data from STR. Occupancy declined 1.9% to 83.4%, ADR grew 2.3% to £152.27 ($201.07) and RevPAR increased 0.4% to £126.96 ($167.65).
Czarnecki will oversee Camelback Mountain, Camelbeach Waterpark, Camelback Lodge & Aquatopia Indoor Waterpark, and Camelback Adventures, while also leading the marketing, advertising and brand direction for the new H2OBX Waterpark, Outer Banks, North Carolina, which opened summer, 2017, and The Kartrite Hotel & Indoor Waterpark, Monticello, NY, which will debut December, 2018.
A steady sales pace continued through the third quarter with approximately $473 million in closed volume, raising the year-to-date national total to over $2.6 billion
Munich hotels reported mixed year-over-year performance in October, according to preliminary monthly data from STR. Occupancy declined 3.1% to 79.9%, ADR rose 1.6% to 144.00 ($167.78) and RevPAR dropped 1.5% to 115.04 ($134.04).
Located at 4311 E. Colonial Drive in Colonial Town Center, steps from Fashion Square and across from the Executive Airport, the 4,950-square-foot restaurant is slated to open on November 13.
Online travel booking sites Priceline Group and TripAdvisor took a beating from investors on Tuesday, highlighting how the companies once industry-disrupting model is under growing pressure from other competitors.
AccorHotels, Europes largest hotel group, said on Thursday it would pull the plug on an online service that enables independent hotels to offer rooms on its booking website because the scheme had failed to meet expectations.
Third quarter revenue more than doubles from same quarter last year – Third quarter FFO increases 93.0%; AFFO increases 87.6%
On behalf of the American Hotel & Lodging Association (AHLA), Oxford Economics analyzed the impact of tax policy changes that would result in a tax cut of $1.5 trillion over 10 years, which they believe will cause real GDP growth to accelerate to 3.0% in 2018.
Minor Hotels announced that it will open three new-build hotels in Qatar in spring 2018 under its Tivoli and Oaks brands. The three properties are owned by Katara Hospitality.