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August 2017 GOPPAR Levels Hit a 2017 Low

August 2017 GOPPAR Levels Hit a 2017 Low

Despite recording a 0.6 percent increase in RevPAR, GOPPAR at U.S. hotels fell to a year-to-date low of $71.01 in August 2017 as demand levels slowed during the summer, according to the latest worldwide poll of full-service hotels from HotStats. ...

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Hotels Add Digital Pay To Accommodate Chinese Travelers

Hotels Add Digital Pay To Accommodate Chinese Travelers

The Chinese digital payment economy is massive—and growing. The leading digital payment services, Alibaba’s Alipay and Tencent’s WeChat Pay, processed a combined $2.9 trillion in 2016, according to reports from the UN-based Better Than Cash Alliance—a 20-fold increase in just ...

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