A submarket within a two-hour-drive radius from Greater Sydney has seen pronounced hotel performance declines from the ongoing bushfires in Australia.
Growth in hotel demand exceeded supply growth, both in November, and YTD, as evidenced by increases in both Guest Paid RevPAR and Occupancy.
Web design trends are constantly changing and in 2020, the technical possibilities seem endless!
Hotel occupancy in Canada decreased 5.1% to 43.8% during the week of 5-11 January. ADR rose 0.4% to 141.23 Canadian dollars ($108.30), but RevPAR fell 4.8% to CA$61.81 ($47.39).