Predictions for total-year 2017 are that the U.S. hotel industry will report a 0.5% increase in occupancy to 65.7%, a 2.1% rise in average daily rate (ADR) to US$126.66 and a 2.5% lift in revenue per available room (RevPAR) to US$83.23. RevPAR grew more than 3.0% for each year from 2010 to 2016.
The Volaré is a 73-room property positioned in the heart of San Clemente, a charming beach community. Located at 111 S. Avenida De La Estrella, The Volaré hotel is within walking distance to several shops, restaurants, and popular destinations, such as Trestles Beach, the San Clemente Pier, and Dana Point Harbor.
Chatham Lodging Trust (NYSE:CLDT) today announced that it has acquired the 96-room Courtyard by Marriott Charleston Summerville, S.C., for $20.2 million, or approximately $210,000 per room.
40 percent of workers have called in sick in the last 12 months when they weren't, compared to 35 percent in 2016