This morning, it was announced that Homewood Suites Brand has recaptured the #1 ranking in the extended stay category and Hilton Garden Inn is #1 for the second straight year in the mid-scale with food and beverage category for the 2010 North American JD Power & Associates Annual hotel survey.
NOTE: The brands are not allowed to use this information promotionally until they have secured usage rights.
Way to go!
The Hotel Pulse Index, a leading economic indicator for the hotel industry jumped 2.2 percent in June.
Here is the article from STR.
Smith Travel research reports mixed results from the first half of the year for U.S. hotels.
The industry’s occupancy was up 4.4 percent to 56.4 percent, average daily rate fell 2.0 percent to US$97.18, and revenue per available room increased 2.3 percent to US$54.80.
Here is the complete article.
In year-over-year measurements, the industry’s occupancy was up 6.9 percent to 65.0 percent. Average daily rate ended the month with a 1.0-percent increase to US$98.33. Revenue per available room for the month rose 8 percent to finish at US$63.87.
Interesting analysis from STR’s Hotel News Now about how hotels that lowered rate during the recession performed in terms of REVPAR Index.
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