The Middle East/Africa region reported positive year-over-year results in two of the three major performance metrics during February 2015 when reported in U.S. dollars, according to data compiled by STR Global.
White Lodging Services and Hyatt Hotels Corporation (NYSE: H) announced today that Denver's first dual-branded Hyatt Place/Hyatt House Denver Downtown has reached its final construction height or 'topped out.'
CareerBuilder Special Report Tracks the Changing Composition of Jobs by Gender, Race and Age from 2001-2014
In his new role, Mr. Shalala will be responsible for the franchise growth of the Cambria hotels & suites brand. He will be responsible for leading the franchise sales team in developing and implementing new strategies to increase the brand's distribution among key markets nationwide.
The new deals will expand the companys footprint in the Dominican Republic with Secrets Cap Cana Resort & Spa and Dreams Dominicus La Romana; Mexico with Breathless Riviera Cancun Resort & Spa; Costa Rica with Secrets Papagayo Costa Rica; and to Aruba for the first time with Zoëtry® Isla Di Oro Aruba.
In year-over-year measurements, the industry's occupancy rose 3.2 percent to 69.3 percent. Average daily rate increased 6.6 percent to finish the week at US$122.46. Revenue per available room for the week was up 10.0 percent to finish at US$84.89.
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