Sentences with phrase «average daily rate»

The accommodation sector also performed better during the first quarter than it did during the same period last year, with average daily rates and room revenues recording growth.
Manage the reservation function to maintain highest possible room occupancy and average daily rate through suggestive selling by employees.
Average daily rates for upscale hotels grew by 1.3 percent in the first 90 days of 2017 compared to the year before, according to STR.
In North America, comparable systemwide REVPAR increased 7.5 percent in the fourth quarter of 2010, including a 1.8 percent increase in average daily rate.
Cytonn investments explains that the hospitality sector has better performance as well, with average daily rates of USD 210 compared to Nairobi's USD 130.
Occupancy remained stable last year edging 0.4 per cent higher from 2010 while average daily rates increased 0.7 per cent STR Global said.
At the top are full - service luxury hotels, like the «classic luxury» Ritz Carlton (Average Daily Rate ADR $ 351 / night) or JW Marriott (ADR $ 235) brand.
This allows operators to drive average daily rates, increase profitability and increase value to the real estate asset.»
Slowing demand growth and diminished occupancy levels ultimately impede the ability to raise average daily rates (ADR), which may level revenue per available room (RevPAR).
The average unit occupancy in the portfolio is stabilized at 87.3 percent for the six months ended June 30, 2011 at a total average daily rate of $ 180.78.
REVPAR for comparable systemwide North American limited - service hotels (including Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites and Fairfield Inn & Suites) increased 4.4 percent with a 1.4 percent decline in average daily rate.
Average daily rates of ice loss for June 2010 compared to those in 2007 - 2009 and climatology (1979 - 2000).
Unfortunately, the certificates are only valid in the US where Radisson has mostly less attractive midscale hotels of the Radisson and Country Inn & Suites brands, with Average Daily Rates (ADR) of around $ 120.
Nassetta said that, based on tests at «hundreds» of Hilton properties, the company expects the new pricing to reduce last - minute cancellations significantly, maximize guest rooms available and give hoteliers a slight boost in average daily rate and revenue per available room.
In refining, the EIA projected an average daily rate of 15.3 million bpd for September, down from 17.1 million bpd in August.
Extended Stay America reported a year - over-year gain in average daily rate but a slight dip in occupancy during the first quarter.
Hyatt Hotels Corp. posted better - than - expected results during the first quarter, reporting gains in average daily rate and occupancy, as well as a spike... Keep reading
Hyatt Hotels Corp. posted better - than - expected results during the first quarter, reporting gains in average daily rate and... Keep Reading
Systemwide occupancy rose 1.8 percentage points year over year during the first quarter to 71.8 percent, and average daily rate increased 1.2 percent to $ 145.21.
For example, airlines use (revenues per passenger miles) and hotels use (average daily rate).
New shale oil well productivity drove U.S. production higher in the last few years, with the average daily rate for the first month of operation rising from less than 100 Continue Reading
REVPAR for comparable systemwide North American full - service and luxury hotels (including Marriott Hotels & Resorts, The Ritz - Carlton and Renaissance Hotels) increased 7.0 percent with a 2.6 percent increase in average daily rate.
REVPAR for comparable systemwide North American limited - service hotels (including Courtyard, Residence Inn, SpringHill Suites, TownePlace Suites and Fairfield Inn & Suites) increased 8.0 percent in the fourth quarter with a 1.4 percent increase in average daily rate.
REVPAR at the company's comparable systemwide North American full - service and luxury hotels (including Marriott Hotels & Resorts, The Ritz - Carlton and Renaissance Hotels & Resorts) increased 5.5 percent with a 3.7 percent increase in occupancy and an average daily rate decline of 0.3 percent.
Sanders's underdog campaign said it is seeing a surge of contributions as a direct result of the new attention it is getting from the Democratic front - runner, with money coming in at a clip nearly four times the average daily rate reported in the last quarter of 2015.
Average daily rate (or ADR), which represents the average rental rate for a sold room, slipped 3.5 percent to $ 87.82 in December, compared to $ 90.99 a year earlier.
Blazosky stated, «Oneida County's hotel industry has made sound gains from the economic downturn of 2009 and is now surpassing 2008 levels for occupancy, average daily rate, revenues, and demand for rooms, and has done so while adding 250 rooms to the available inventory with the opening of the Microtel Inn & Suites and the Fairfield Inn & Suites in Verona and the Wingate in Rome.»
By comparing 93 LEED certified U.S. hotels with a competitive set of non-certified hotels, the study found substantial increases in average daily rates and revenue per available room for the LEED hotels.
That's about a 48 % increase above their average daily rate from 2016.
POF expects signups expected to reach an extraordinary 110,546, a 48 % increase above the average daily rate in 2016.
The company expects new member sign ups to reach 110,546 — a 48 % increase from the average daily rate in 2016.
The iPad mini was among Apple's strongest performers, growing its share of impressions at an average daily rate of 28 percent within just weeks of its initial launch.
For example, a recent survey by HVS International showed that the average daily rate for a hotel room in B.C. was $ 119 in 2012.
Given that the average daily rate for Hilton hotels was $ 143 in 2016, we value this benefit at $ 286.
The average daily rate for a Marriott room in 2016 was $ 177.
For stays shorter than a month, the average daily rate displayed on the property page is the going rate per night.
The award categories are roughly based on the Average Daily Rates these hotels charge, so changes in category often reflect market changes in the cash rates they can command relative to the rate they previously had or new hotels were expecting to have!
Wailea hotels led in all three tourism measures so far in 2018: Highest RevPAR (average revenue per available room) Highest ADR (average daily rate) Highest occupancy rate (90.8 %).
With an Average Daily Rate (ADR) of $ 127, the brand falls at the bottom end of the «upscale» category for the US.
The midscale, limited service Hampton brand (Average Daily Rate (ADR) $ 121) is by far the largest brand with 46 % of the hotels.
If the average daily rate of a hotel increases enough, it may warrant an increase in the award category for that hotel.
Average daily rates are $ 249 at the Hyatt Place, $ 269 at the Hyatt House.
You can redeem 3,000 points for a free night plus a cash payment that depends on the average daily rate of the hotel, anywhere between $ 55 and $ 150.
If the average daily rate of a hotel increases enough, it may warrant an increase in the... [Read more...] about Hyatt 2015 Hotel Category Updates — Some Bad, A Lot of Good!
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