North American Hotels Experience Strong Revenue Growth Heading into New Year
In year-over-year results, the U.S. hotel industrys occupancy increased 1.6% to 69.1%. Average daily rate for the month was up 4.8% to US$124.01, and revenue per available room increased 6.5% to US$85.67.
Gradually-improving economies, lower gas prices and stronger demand will lead to slightly higher travel prices across all regions
A new survey released today from AARP Travel provides some great insight into how Americans want to get away in 2016, from desired destinations to lodging options to favorite trip planning tools.
Most popular articles shared on social networks by our readers this week