Hotel and Car Rental April Update
May 6, 2009 by Jack Kennard
Filed under Hotel & Car
Hotel Prices Fall 12 Percent Worldwide
Hotel prices are falling, according to Hotels.com’s Hotel Price Index. Rates for hotels in December 2008 were more than one tenth lower than they had been a year earlier and just one percent above their level in January 2004.
North American rates fell the most, down 12 percent in the fourth quarter of [...]
Travel reviews by JD Power and IBM
January 20, 2009 by Jack Kennard
Filed under American Express
Hotels
Hospitality Industry Confronts Impact of Economic Downturn
Occupancy and revPAR levels for U.S. hotels continue to decline through the first week of November (latest available data) though ten top markets posted brisk growth in occupancy levels, room rates and revPAR through October.
Hotels in the United Kingdom as well as in Europe overall registered revPAR declines based [...]
Subscribe