Sentences with phrase «hotel occupancy rates increased»

Not exact matches

WESTERN Australia's hotels increased their total earnings by 20 per cent in the past financial year despite low occupancy rates.

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 pehotels (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 peHotels & 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 peHotels & Resorts) increased 5.5 percent with a 3.7 percent increase in occupancy and an average daily rate decline of 0.3 percent.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

We expect this combination to provide real value to Sam and other hotel owners by increasing the value of their property and driving higher occupancy rates.

Hotel occupancy rates in Niagara Falls, as well as the total number of room nights booked, have been gradually increasing over the past decade, according to data from industry consultant STR.

Saratoga County, which has seen perhaps the greatest increase in hotel rooms, saw the average occupancy rate for the first half of the year fall to 56.0 percent from 58.5 percent in 2016's first half and 68.7 percent in the first half of 2015.

Antonacci said he didn't buy the county's claims that the amphitheater increased sales tax revenue and hotel occupancy rates this year.

The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 3.5 percent to 39.8 percent in December from 38.5 percent a year prior, according to STR, a Tennessee — based hotel market data and analytics company.

According to the report, average hotel occupancy rates reached 64 per cent from January to the end of March, and revenues of four and five star establishments stood at QR734, 349 million, an increase of QR32 million compared to the same period in 2011.

Ahmed Abdullah Al Nuaimi, chairman, Qatar Tourism Authority said the results from August, although recording a decline in occupancy rates, actually registered the highest increase in the amount of revenue achieved by the growing four star hotel sector.

The number of hotels and hotel apartments also grew 16 per cent, while hotels sustained a healthy occupancy rate of 71.7 per cent on average despite the increase in number of hotel rooms.

Meanwhile, chairman of the Indonesian Hotel and Restaurant Association's (PHRI) Bali chapter, Tjokorda Oka Artha Ardhana Sukawati, said he had been tracking the movement of tourists to safer areas on the island, noting an increase in occupancy rate at boutique hotels near Dasa Temple in Karangasem.

The Cancun Convention & Visitors Bureau has announced Cancun hotels recorded occupancy rates of 93 per cent in the first half of 2015; this represents a year on year increase of 2.5 per cent.

Indeed, tourism has increased with the weaker pound and therefore the occupancy rate of hotels has increased.

Utilize my proven customer service skills and marketing knowledge to maintain hotel occupancy rates, increase banquet bookings and ensure customer satisfaction.

U.S. hotel industry metrics continued on a strong streak in the second quarter of the year, with increases in both occupancy levels and average daily rates (ADRs), as well as revenue per available room (RevPar) growth that hit double digits in so...

Helfer and FelCor Lodging Trust President and CEO Thomas Corcoran Jr. are hopeful because occupancies have been on the rise in recent months, and they believe hotels will soon be able to increase room rates if the increase in demand continues.

«The occupancy rates are increasing in the markets outside the top 25 hotel markets,» says Jan Freitag, senior vice president of lodging insights with research firm STR Global.

46 % of hotels that went green reported higher occupancy rates with 69 % seeing increased customer satisfaction.

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

«Fueled by rising occupancy and room rates, investors bought 399 California hotels for a total of $ 5.1 billion in 2014, a nearly threefold increase from 2009, when 92 hotels sold for a combined value of nearly $ 1.8 billion, according to research by Atlas Hospitality, an Irvine hotel industry consulting firm.»

U.S. hotel industry metrics continued on a strong streak in the second quarter of the year, with increases in both occupancy levels and average daily rates (ADRs), as well as revenue per available room (RevPar) growth that hit double digits in some markets.