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Occupancy grew by 2.8 percentage points from last year. According to a Knight Frank report, Bangkok’s hotel industry ...
Consensus says hotel rate increases will hover around 5 percent this year; buyers also see an increase in hotel nights on the horizon. Hoteliers and analysts in recent months have projected that 2024 ...
Indeed, travel managers and budget owners are waking up to the rising rate reality that hotel executives expect to extend well into next year, if not beyond. Nearly 85 percent of travel buyers ...
When we challenged 16 students at the Columbia University Graduate School of Journalism to get hotel rates reduced, all succeeded, scoring discounts of 5 to 32 percent. Ask about nonadvertised ...
Arabian Gulf Business Insight on MSN10d
High occupancy rates push UAE hotel revenues to $12bn
UAE hotel revenues reached AED45 billion ($12.3 billion) in 2024, an increase of 3 percent year on year, according to the chairman of the Emirates Tourism Council. Hotel occupancy rates climbed to 78 ...
A survey by a US research firm shows that hotel room rates in Tokyo have been rising sharply since 2022, when the coronavirus pandemic started to ease.
Occupancy at Maui County hotels last month was at 67.6 percent, which is 8.2 percentage points more than 2022, but down 8 percentage points compared to 2019. It was the lowest occupancy rate among ...