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Posted in Hotel booking

STR: US hotel results for week ending 21 May

The U.S. hotel industry reported positive results in two of the three key performance metrics during the week of 15-
21 May 2016, according to data from STR.In year-over-year comparisons, the industry’s occupancy decreased 0.9%
to 70.7%. However, average daily rate for the week was up 2.7% to US$125.76, and revenue per available room
increased 1.9% to US$88.88. Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota-Wisconsin, experienced
the largest year-over-year increases in occupancy (+9.6% to 80.0%) and RevPAR (+18.0% to US$97.20). ADR in
the market was up 7.7% to US$121.57.Six additional markets saw a double-digit lift in RevPAR: St. Louis, Missouri-
Illinois (+17.1% to US$85.04); Dallas, Texas (+14.9% to US$79.98); Nashville, Tennessee (+13.8% to
US$121.84); Seattle, Washington (+12.6% to US$133.24); Philadelphia, Pennsylvania-New Jersey (+12.1% to
US$124.01); and San Francisco/San Mateo, California (+11.6% to US$230.82).Three markets posted a double-digit
rise in ADR: Atlanta, Georgia (+13.5% to US$108.89); Nashville (+11.0% to US$143.72); and Los Angeles/Long
Beach, California (+10.0% to US$169.86).Houston, Texas, experienced the only double-digit decreases in occupancy
(-10.7% to 65.0%) and RevPAR (-10.9% to US$70.52).Norfolk/Virginia Beach, Virginia, reported the largest drop in
ADR (-7.0% to US$97.32). …read more

Source:: http://www.hospitalitynet.org/news/global.xml

Posted in Hotel booking

Newest Wisconsin Hampton by Hilton Property Opens in Fond du Lac

Hilton Worldwide’s (NYSE: HLT)Hampton by Hilton brand, the global mid-priced hotel that serves value-conscious
and quality-driven travelers around the world, today announced the opening of its newest property, Hampton Inn by
Hilton Fond du Lac. The 73-room hotel joins the Hampton by Hilton family of more than 2,100 Hampton by Hilton
and Hampton Inn & Suites by Hilton hotels. The hotel, located at 77 North Pioneer Road, is managed by Ledgestone
Hospitality, LLC. …read more

Source:: http://www.hospitalitynet.org/news/global.xml

Posted in Hotel booking

The Channel Mix Effect on Profitability | By Richard B. Evans

The following presentation is that of a real hotel. The name of the property has been changed. The properties
Channel Mix for the first quarter ended March 31, 2016 is shown on the left side of the chart below. Each ‘revenue
channel’ groups reservation-vendors who share a common Key Performance Indicator together. The “KPI” is
mentioned in the title of the revenue channel. …read more

Source:: http://www.hospitalitynet.org/news/global.xml

Posted in Hotel booking

Highly Anticipated Londonhouse Chicago, Curio Collection By Hilton Opens Its Doors On May 26, 2016

Today, Oxford Capital Group’s wholly owned management affiliate Oxford Hotels & Resorts and Curio – A Collection
by Hilton™ proudly announce the eagerly-awaited opening of LondonHouse Chicagoat the corner of North Michigan
Avenue and Wacker Drive. Originally opened as the London Guarantee Building in 1923, LondonHouse Chicago pays
tribute to its past while also incorporating visually striking modern elements. The luxury lifestyle hotel brings 452
chic rooms and suites, as well as tech-forward amenities catering to leisure and business travelers alike. …read more

Source:: http://www.hospitalitynet.org/news/global.xml

Posted in Hotel booking

Hamptonality Spreads to Mason City, Iowa

Hilton Worldwide’s (NYSE: HLT) Hampton by Hilton brand, the global mid-priced hotel that serves value-conscious
and quality-driven travelers around the world, today announced the opening of its newest property, Hampton Inn &
Suites by Hilton Mason City. The 83-room hotel joins the Hampton by Hilton family of more than 2,100 Hampton by
Hilton and Hampton Inn & Suites by Hilton hotels. The hotel, located at 2111 4th Street SW, is managed by Kinseth
Hospitality Company. …read more

Source:: http://www.hospitalitynet.org/news/global.xml

Posted in Hotel booking
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