Croatian Hoteliers Plan Moderate Price Increases, Reflecting Economic Trends
This year, Croatian hoteliers are raising prices for rooms, food, and drinks, but the increases will be smaller than last year, according to a survey conducted by the Croatian Tourism Association (HUT) and the Association of Employers in Croatian…
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High prices and general wedding halls also bear costs
Even though the wedding hall has decreased by 29% in 6 years, Popularity of luxury hotels priced at hundreds of millions of won Reservation for Shilla and Lotte 1 year in advance at a good time It's twice as much as it was before the pandemic. High…
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Five-Star Venice Hotel Is a Glimmer of Hope for Signa Prime Creditors
A five-star hotel in Venice might just be one of the best chances for creditors of its insolvent owner, Signa Prime Selection AG, to recoup some of their losses.
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Tourism marketing body takes rosy view as hotel rates rise, conferences bound back
But tourism is operating in a “complex landscape,” where everything from interest rates to inflation and global events can have an influence…
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U.S. hotel profitability gains led by full-service chains, major markets
Overall, 14 of the top 25 markets reported double-digit increases in GOPPAR. Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S…
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Hotel prices rise most in Antalya last year
Antalya, Türkiye’s famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB)…
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Paris Hotels Triple Rates for 2024 Olympics - Opener, Study Finds
Hotels in Paris are tripling their prices to over €1,000 on average for the opening night of the 2024 Olympic Games, according to a study by consumer organisation UFC-Que Choisir…
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Olympic Night will see exorbitant hotel prices in Paris
As the Olympic Games for 2024 draw near, hotels in Paris decide to increase their rates. The hotel rates will surge exponentially during opening night for Olympic games in Paris…
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New $250 Minimum Charge: Hotels Are Killing Room Service, Slowly And Then All At Once
The Cosmopolitan Hotel in Las Vegas, a Marriott Autograph Collection property, now has a $75 minimum for room service. And if you want proper plates and napkins, rather than cardboard and paper, there’s a $250 minimum for that…
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While the April 2024 total solar eclipse is still four months away, for those who’ve waited to plan a trip to the path of totality, they may find it difficult to find accommodations, particularly at an affordable rate…
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Be aware: Tricky price increases at Hungarian hotels
The hospitality industry is witnessing a shift in pricing strategies as hotels grapple with cost increases…
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Hotel Room Rates Projected to Increase Worldwide in 2024
Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel…
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Tokyo claims Asia’s priciest rooms, sets luxury standard
Asia’s hotel occupancy has continued its upward trajectory in 2023, with global growth in occupancy nearing typical levels across major gateway markets…
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Hospitality sector records improved rooms' yield as occupancy jumps in October
Qatar's hospitality sector witnessed improved rooms' yield in October 2023 on an annualised basis on higher occupancy, according to the Planning and Statistics Authority (PSA). The growth in revenue-per-available room came largely due to the…
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FLYR, the AI-powered platform for travel technology, today announced that BWH Hotels Scandinavia, a leading global hospitality network that includes Best Western Hotels & Resorts (BWHR), Worldhotels, and Sure Hotels, has selected FLYR for…
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MGM Resorts booked all-time hotel revenue record during Las Vegas Formula 1 weekend, says CFO
MGM Resorts has revealed that last week’s Las Vegas Formula 1 Grand Prix weekend was the highest grossing weekend for hotel revenue in the company’s history…
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Hotel rate increases may have ‘plateaued’
The increases in global hotel rates seem to have “plateaued” across most regions, according to analysis of the latest industry figures…
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Olympics-Soaring hotel prices, crackdown on illegal renting to hit Paris 2024 experience
PARIS, Nov 20 (Reuters) - Visitors heading to Paris for next year's Olympics face major accommodation problems amid soaring hotel prices and a crackdown on rentals of tourist apartments…
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