For many Americans, hotel room service is considered a travel luxury; however, data from PFK Hospitality Research1 suggests that room service revenues fell 9.5 percent from 2007 to 2012, with some hotels shuttering unprofitable operations altogether.
Brings 18 years of Sales & Marketing experience to recently renovated full-service hotel.
The Hospitality Sales and Marketing Association International (HSMAI) is accepting entries for its 58th annual Adrian Awards, the worlds largest and most prestigious travel marketing competition.
Spanning two continents, Istanbul is a unique destination. This article provides an overview of the supply and demand factors currently affecting the city and a review of the hotel market performance.
In year-over-year measurements, the industry's occupancy rate rose 2.9 percent to 77.1 percent. Average daily rate increased 4.1 percent to finish the week at US$117.57. Revenue per available room for the week was up 7.1 percent to finish at US$90.68.
The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars year-to-date June 2014, according to data compiled by STR and STR Global.
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