Hotel Industry News

Looking at the recent finding on rate parity trends in Europe by RateGain, is it too early to believe that in light of the upcoming London Olympics, hotels in London are making an effort to generate direct bookings by offering their best rates on their brand sites?

Hotel rate parity trends for February to April 2012 of three, four and five star hotels across some of the major cities in Europe.

In year-over-year comparisons for the week, occupancy was up 4.0 percent to 53.8 percent, average daily rate increased 4.3 percent to US$101.84 and revenue per available room was up 8.5 percent to US$54.78.

Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.

In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 3.8-percent increase to 56.7 percent, its average daily rate rose 3.3 percent to CAD$125.32 and its revenue per available room was up 7.2 percent to CAD$71.06.

Company repays success by giving back in local community

Brand to Bring New European Prototype to France, Poland and The Netherlands.

The new Riu Palace Peninsula, located next to the Riu Caribe, will open its doors after an investment of 140 million dollars

Accor North America announces the opening of 55 hotels in 2011, all under franchise contracts. The latest openings include 49 Motel 6 and six Studio 6 properties with a room count of more than 4,100.

The American Hotel & Lodging Educational Institute (EI) has become a corporate sponsor, preferred partner and associate member of EUHOFA International, a worldwide association of leading hospitality and tourism schools with more than 200 members in 35 countries.