With the Chinese now accounting for Australias largest group of tourists, hotels are going the extra yard to make their visitors feel welcome.
Booking Holdings Releases New Study on 'The Next Billion' People Who Will Gain Access to the Internet
Hotel Industry Focus Includes Investing in our Workforce, Protecting Guests and Neighborhoods, Promoting Travel
With this integration, the hotel industry is empowered with streamlined hotel management practices along with the most organised inventory distribution
In December, the U.S. hotel industry reported occupancy was mostly flat (+0.1% to 54.1%), but a 1.8% ADR increase to $124.28 pushed RevPAR up 1.9% to $67.20.
Mr. Meister is Managing Partner and Chief Investment Officer of Corvex Management LP, which beneficially owns approximately 3% of MGM's outstanding shares.