Tag: Occupancy
As Oil Prices Fall, Hotel Occupancy Takes the Hit
After years of successfully capitalizing on the oil and gas workers that visit the Pittsburgh region by investing in surrounding hotels, Tejas Gosai and...
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...
PKF-HR Forecasts Record Occupancy for 2015
ATLANTA—The U.S. lodging industry will achieve 65 percent occupancy in 2015, the highest national occupancy rate since STR Inc. began reporting data in 1987,...
TravelClick: Hotels Positioned For Growth in 2014
NEW YORK—Hotels are poised to see healthy growth in 2014, according to data from the February 2014 TravelClick North American Hospitality Review (NAHR). Both...
Los Angeles Hotels Broke Records in 2013
LOS ANGELES—Los Angeles Mayor Eric Garcetti and Los Angeles Tourism and Convention Board (LA Tourism) President and CEO Ernest Wooden Jr. announced that Los...