Tuesday, 03 March 2015

Hoteliers Lean On ADR to Push Through Rough Winter

Hoteliers Lean On ADR to Push Through Rough Winter

Despite a terrible winter for many major North American markets, all travel segments continue to maintain steady growth in average daily rate (ADR) and stable occupancy, according to to data from the February 2015 TravelClick North American Hospitality Review released this week. For the next 12 months (February 2015 - January 2016), overall committed occupancy (transient rooms reserved + group rooms committed)/capacity) is up 1.8 percent when compared to the same time last year. ADR is up 4.7 percent based on reservations currently on the books. “As travelers deal with the deep freeze of the winter months hoteliers come to rely on ADR to drive hotel perfo
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Industry News

Expedia to Acquire Orbitz

Expedia, Inc. will acquire Orbitz Worldwide, Inc., including all of Orbitz Worldwide's brands, for $12 per share
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AAHOA Joins Coalition to Save Local Businesses

AAHOA has joined the Coalition to Save Local Businesses, a group of business owners and industry leaders who are camp
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FCC Warns Hotels About Wi-Fi Blocking

Industry leaders say the issue is more about cybersecurity than access By Jonathan Springston, AAHOA Lodging Busi
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India News

Marriott Opens 12th Courtyard in India

image Marriott this week announced the opening of the 189-room Courtyard by Marriott Agra, the 12th Courtyard pro
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Third Hyatt Place Opens in India

image Hyatt Hotels Corporation and GHV Hotel Pvt Ltd announced Jan. 30 the opening of Hyatt Place Pune/Hinjewadi, which is
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Brands

Choice Accelerates New Growth Development

Choice Hotels announced this week that it signed 159 new construction hotel deals in 2014, a 70 percent increase over
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Vantage Begins Repositioning Brands

Following Vantage Hospitality’s acquisition last year of the America's Best Franchising brand family, which
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G6 Investing for the Future

Two years after the Blackstone purchase, G6 Hospitality is writing new chapters in the stories of its Motel 6 and Stu
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Trends & Issues

PwC: ADR Primary Driver of RevPAR Gains in 2015

image The hotel industry could experience a RevPAR increase of 7.4 percent in 2015, according to the latest lodging outlook
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Research: Talent Shortage Could Lead to Hospitality Job Losses

image More than 14 million jobs globally are at risk in the travel and tourism industry if governments and private sector c
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People

Hawkeye’s Ravi Patel Announces Congressional Candidacy

Hawkeye Hotels Principal and President Ravi Patel announced Monday that he is entering the race for Iowa's 1st Co
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Starwood Makes Leadership Change

Starwood Hotels & Resorts Worldwide, Inc. announced Tuesday that Frits van Paasschen has resigned by mutual agree
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Q&A with Best Western Chair Jayesh Patel

Best Western Int’l chairman grateful for family, opportunity By Judy Maxwell, for AAHOA Lodging Business
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Community

Hotels Star in Online TV Production

image It's pretty much old news and hotel marketing experts know the value of a top quality website as well as the impo
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New Credit Card for AAHOA Members

image AAHOA and First Bankcard, a division of First National Bank of Omaha and a leading issuer of credit cards, announced
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Gallery

Vantage Conference, Dec. 8-10, 2014, Las Vegas, Nev.
AAHOA Gulf Regional, Dec. 2, 2014, Little Rock, Ark.
AAHOA Upper Midwest Regional, Nov. 6, 2014, Schaumburg, Ill.
IHG Conference, Oct. 27-29, 2014, Las Vegas

AAHOA LODGING BUSINESS

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