Tag: ADR
PwC: ADR Growth Lags, Despite Peak Occupancy Levels
NEW YORK—An updated lodging forecast released today by PwC US expects revenue per available room (RevPAR) growth in 2015 to be driven more by...
ADR Improves in Majority of Top North American Markets
NEW YORK—As hoteliers prepare for the holiday season and head into the new year, hotels in major North American markets are experiencing a strong,...
Auction.com Report Shows Steady Gains for Hotel Sector
Increases in occupancy and room rates are sustaining healthy revenue per available room (RevPAR) in the hospitality industry even as expansion shifts into a...
Sizzling Summer Led by Leisure Travel Bookings
NEW YORK—Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR), according to data...
Strong RevPAR and ADR Growth Projected for 2015
Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that...