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
With a combined 288 rooms and suites, this is the first-ever combination of the AC Hotels by Marriott and Moxy Hotels brands under one roof.
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.
On average, hotel prices increased significantly in 2018, as a strong pool of buyers with favorable outlooks kept downward pressure on cap rates.