Browsing Tag

Hotels

16 posts
Munich hotels posted record high December room rates thumbnail

Munich hotels posted record high December room rates

WASHINGTON – Munich’s hotel industry reported its highest December average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. December 2024 (year-over-year % change): Occupancy: 68.3% (+10.9%) ADR: EUR127.79 (+7.0%)
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How Lebanon’s hotels are gearing up for summer 2024 thumbnail

How Lebanon’s hotels are gearing up for summer 2024

So far, 2024 has been a difficult year for Lebanon’s hospitality sector. Since October 2023, political strife in the region has greatly affected tourism. We take a closer look at the market, the challenges facing hotels and what summer 2024 is likely to have in store. In an unstable market such as Lebanon’s, hotels must
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Hong Kong Hotels Neared Pre-COVID Levels With 93.4% Holiday Occupancy thumbnail

Hong Kong Hotels Neared Pre-COVID Levels With 93.4% Holiday Occupancy

China Tourism Group’s acquisition of The Kimberley was Hong Kong’s biggest hotel deal of 2023 Hong Kong hotels achieved an average room occupancy rate of 93.4 percent during February’s eight-day Chinese New Year holiday, just 0.4 points below the rate recorded during the same period in 2019 before the COVID-19 pandemic, according to CBRE. The
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Moxy Hotels Debuts Its Spirited Vibe in South Asia With the Launch of Moxy Bengaluru Airport Prestige Tech Cloud thumbnail

Moxy Hotels Debuts Its Spirited Vibe in South Asia With the Launch of Moxy Bengaluru Airport Prestige Tech Cloud

Marking the 17th brand to join the Marriott Bonvoy portfolio in South Asia, the hotel brings Moxys boundary-breaking experience into the vibrant metropolis of Bengaluru Bengaluru, India – WEBWIRE – Friday, January 19, 2024 Moxy Hotels, part of Marriott Bonvoys portfolio of over 30 extraordinary hotel brands, is thrilled to announce the opening of Moxy
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10 of the best hotels in Boston, from a glamorous five-star property to budget-friendly options thumbnail

10 of the best hotels in Boston, from a glamorous five-star property to budget-friendly options

TravelMuch like the city itself, the best hotels in the state capital of Massachusetts are a charming blend of old and new, with landmark properties standing proud and renovations injecting an element of fun to proceedings.Published January 5, 202411 min readThis article was produced by National Geographic Traveller (UK).In the 19th century, Boston was nicknamed
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The 41 Most Anticipated New Hotels of 2024 thumbnail

The 41 Most Anticipated New Hotels of 2024

In 2024, the post-pandemic travel boom is set to continue. After years of border closures, construction halts, and economic uncertainly, the world is finally bullish on, well, the world itself: according to the U.S. Travel Association, leisure trips will reach the 2 billion mark next year just in the United States alone, far surpassing pre-pandemic
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