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Hotel Occupancy Continues to Reach New Heights but Rate Not Keeping Pace
September 8, 2017
By Leland Pillsbury
The U.S. hotel industry’s ongoing run of monthly RevPAR increases and its recent record occupancy levels are obscuring a more...
Revenue Metrics Are Evolving: Average Room Rate Becomes Two for One
July 26, 2017
By Dr. Gabor Forgacs
The previous methods of ADR (Average Daily Rate) calculations are not good enough any longer. In the fast-paced world of the hotel...
Empire Hotel Group Revolutionizes their Free Usage Business Centers and Increases ADR
December 12, 2016
December 12, 2016 – New York, NY – TTI Technologies, best known for their beautiful customized Hospitality Business Center Kiosks that are safe and...
Average Daily Rate Growth Continues to Lag Expectations, Despite Peak Occupancy Levels, says PwC US
November 11, 2015
NEW YORK, November 11, 2015 – An updated lodging forecast released today by PwC US expects revenue per available room (“RevPAR”) growth in...
Hoteliers Improve Average Daily Rate Performance Despite Weakening Reservation Pace
November 2, 2015
ADR Increases in 88 Percent of the Top 25 North American Markets
NEW YORK – November 2, 2015 – As hoteliers prepare for the holiday season and...
Average Daily Rate Growth Expected to Drive US Lodging Performance in Remainder of 2015 and in 2016
August 31, 2015
NEW YORK, Aug. 31, 2015 -- An updated lodging forecast released today by PwC US expects average daily rate ("ADR") to drive revenue per available room...
Should The Good News Be Even Better? PKF Provides Updated City Forecasts with a Focus on Room Rates
September 4, 2013
September 4, 2013, Atlanta, Ga. - In the recently released September 2013 edition of Hotel Horizons®, PKF Hospitality Research, LLC (PKF-HR) affirms its...