Sentences with phrase «reported average room rates»

Not exact matches

According to TravelMag.com report that considered the cost of an average night stay in a regular hotel room at select luxury properties in Toronto, the most expensive hotel room is at the Four Seasons, with an average room rate of $ 697.

C9 Hotelworks Managing Director Bill Barnett, author of the report, said «the 2 P's - pricing and pool villas - represented dynamic drivers as average room rates and revenue available per room (RevPAR) declined.

The report noted that these returns are only averages, and that the actual «payback» on award rooms can vary considerably depending on the property selected and the dates of stay, since room rates vary by demand while award prices generally remain the same.