hotel industry performance
Hotel Industry Performance: EHL’s Pulse-Taker Reveals 5 Pain Points
Jochen de Peuter | November 3, 2020
By Jochen de Peuter The year 2020 will be marked in history, surely for the travel and hotel industry. Most hotels suffer from a sudden disruption due to COVID-19 crisis and the consequent travel regulations. Still during these days of crisis, hotel performance and business continuity varies significantly from one hotel to another. What makes a hotel more vulnerable than another? We try to find the answers in this article. EHL Advisory Services has developed an online Hotel Pulse-Taker tool that allows hoteliers to evaluate and benchmark the long-term sustainability of their hotel business based on a multi-dimensional questionnaire. A...
Digital and Mobile Channels Remain Driver of Hotel Bookings
TravelClick, Inc. | February 11, 2016
North American Hotels Experience Strong Revenue Growth in 2016 NEW YORK – February 11, 2016 – Hotel industry performance remains strong, with Q4 2015 revenue per available room (RevPAR) increasing 4.0 percent year-over-year, and online and mobile bookings are continuing to drive this growth. According to data from TravelClick's North American Distribution Review (NADR; Q1 2016), bookings through hotel company websites (Brand.com), online travel agents (OTAs) and in-person travel agents (global distribution systems / GDS) experienced the most growth in bookings in the fourth quarter, continuing the online / mobile trend from ...
Paramount Lodging Advisors Closes Out The Year With Over 80 Transactions
Paramount Lodging Advisors | December 31, 2015
CHICAGO, IL—Paramount Lodging Advisors had a successful 2015 with over 80 national hotel transactions. Accolades of 2015 include being recognized by INC Magazine as one of the fastest growing companies in the U.S. for two consecutive years and also being named one of the 2015 Top Brokers based on transaction volume by National Real Estate Investor Magazine. The Paramount Lodging Advisors team sold hotels throughout all segments of the industry including all major brand families. The transactions covered over twenty states in the U.S. "I'm proud of our continued growth. Our entire team is continually working collaboratively and tir...
