As shocking as it sounds, the latest research by Fuel Travel and Flip.to shows that, on average, leisure travelers are only visiting 4.4 unique sites before booking. This is a massive decline from the past where research suggested upwards of 38 sites.
Canada Hotel Performance for the Week of 12-18 February Was Negative Across Three Key Performance Metrics, with Declines in Occupancy of 3.1%, ADR of 0.4% and RevPAR of 3.4%.
Hersha Hospitality Trust (NYSE: HT announced the Company acquired the 153-room Pan Pacific Hotel in Seattle, WA for $79.0 million.
dormakaba has completed the acquisition of certain Mechanical Security businesses from Stanley Black & Decker and has closed the transaction effective February 22, 2017, following satisfaction of customary closing conditions including the receipt of all necessary regulatory approvals. The transaction was first announced on December 21, 2016.
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