Rate Hike
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Travel Category Management: A Continuous Process At First Data
… shift away from the preferred airline. In the hotel category, the market assessment projected a 6 percent to 7 percent rate increase this year. FirstData achieved a 5 percent cut. McTeer is convinced that the company's global program, which took hold …
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The September average daily rate at U.S. hotels increased year over year by 4 percent
… further as lower-rated group business booked from 2008 through 2010 begins to go off the books. Nashville had the highest rate increase , up 11.1 percent, followed by Miami, up 10.5 percent. Rates rose in all major U.S. markets save Washington, D …
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June Hotel Rates, Occupancy Rise Worldwide
… tsunami earlier this year, has hindered occupancy growth in the region, according to Randall. Hong Kong had the largest rate increase in the region, up 24.6 percent, followed by Bangkok (11.1 percent) and Jakarta (10.6 percent). Rates decreased …
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Average June U.S. Hotel Rates, Occupancy Climb
… considering that demand is at peak levels, supply growth is minimal and fuel prices have begun to stabilize. San Francisco experienced the largest rate increase , up 15 percent, and rates in Nashville were up 10.9 percent, STR reported.
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The average U.S. hotel rate paid by American Express Business Travel clients during the first quarter increased 3 percent year over year to $150 per night
. San Francisco-based hotels saw the largest average rate increase among cities covered in the Amex report, up 16 percent from the first quarter 2010 to $206. Seattle hotel rates increased 9 …
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April Hotel Rates, Occupancy Rise Worldwide
… percent drop in occupancy, due largely to occupancy declines in Japan following the March earthquake and tsunami. The highest rate increase was in Hong Kong, up 26.4 percent compared with the prior year. Year-over-year comparisons in Europe are difficult …
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Hands On Tomorrow: Northeast Rate Hikes Highlight Hotels' Growing 2011 Strength
… be as high as 20 percent, said Mauricio Molina, leader of CWT's hotel consulting group. "Even though that 20 percent rate increase seems to be large, it's a compensation for what they've taken away," Molina said. As a result, many buyers who had become …
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Outside Of Europe, August Hotel Rates Rise
… occupancy, a 30 percent increase in average daily rate and an 82.4 percent increase in RevPAR. Hong Kong reported the largest rate increase , up 31.4 percent year over year. Rates also increased in the Americas by a more modest 1.7 percent. Coupled with a …
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Marriott's average daily rate at North American company-operated properties during its most recent accounting period including May increased 1 percent, the first room rate increase in...
Marriott's average daily rate at North American company-operated properties during its most recent accounting period including May increased 1 percent, "the first room rate increase in nearly two years," according to the company bit.ly/97Grso . Speaking during the New York University International ...
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Hotel Occupancy, But Not Rate, Up In Central, South America
… dollars during January and February, according to the data. Rio de Janeiro and Sao Paulo were the exceptions, seeing rate increase of 17 percent and 28 percent, respectively. The strengthening of the Brazilian real against the dollar played a large role …
