HNA Tourism Group Co., Ltd. and Carlson Hospitality Group, Inc. yesterday announced they have entered an agreement, for the acquisition of Carlson Hotels, Inc., which owns the Quorvus Collection, Radisson Blu, Radisson, Radisson RED, Park Plaza, Park Inn by Radisson, Country Inns & Suites By Carlson brands and the Club Carlson global hotel rewards program.
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In year-over-year comparisons, the industry's occupancy fell 1.9% to 68.4%. Average daily rate for the week was up 1.8% to US$122.47. Revenue per available room was virtually flat (-0.1% to US$83.76).
In year-over-year comparisons, the country's occupancy fell 4.3% to 61.6%. Average daily rate for the week was up 2.2% to CAD137.60. Revenue per available room decreased 2.2% to CAD84.81.
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