New Study: LA Hotels Power City’s Economy, As New Council Policies Increase Operational Pressure
AHLA report shows LA hotels generate $12.5B annually but face rising costs and reduced investment, with 88% cutting staff due to city policies.
AHLA report shows LA hotels generate $12.5B annually but face rising costs and reduced investment, with 88% cutting staff due to city policies.
The guide explains ADR calculation, why rates fluctuate with demand patterns, and practical strategies to increase room revenue without alienating guests.
India's hotel sector posted strong March performance with occupancy above 75% and double-digit ADR growth driven by wedding, MICE, and corporate demand.
HVS reports March RevPAR up 3.9% nationally with luxury hotels leading gains, while hotel cap rates average 8.3% in Q4 as transactions remain below peak levels.
February 2026 RevPAR hit BRL 1,050.78, up 48% year-over-year, with peak Sunday performance reaching BRL 2,491.14 RevPAR and 93.7% occupancy.
Europe's largest hostel group hires three sales managers for France, UK, and Scandinavia, targeting 75-80% occupancy rates and 600,000+ overnight stays.
The 2025 Australia Accommodation Barometer surveyed 250 industry executives, revealing 64% rate past performance as good/very good with plans to hire 7.4 employees per property on average.
National occupancy held steady at 62.8% while ADR and RevPAR both declined 0.2%, with San Francisco leading gains and New Orleans posting steepest drops.
Comprehensive guide explains how independent hotels can implement data-driven dynamic pricing to increase RevPAR by an average of 21% through automated rate adjustments.
CoStar data shows Milan averaged 83.4% occupancy during the Winter Olympics, with luxury properties posting RevPAR gains of 321.9% year over year.
Manitoba led with 11.9% occupancy growth while Edmonton and Vancouver posted strong ADR and occupancy gains respectively.
Central London hotels achieved 46.8% GOP margin and £135.5 GOP per room through disciplined cost control, despite 0.9% RevPAR decline and ongoing wage pressures.
STR forecasts 1.1% European RevPAR growth for 2026, driven by Milan Olympics and Paris luxury demand, while Asia Pacific expects 3.6% growth.
Budapest posted the second-highest RevPAR in Central Europe, with 75% of 2025 room supply from international brands and domestic buyers driving 60% of transactions.
CoStar data shows U.S. hotels gained 3.1% occupancy and 6.2% RevPAR for the week, with New Orleans and Las Vegas leading growth.
First RevPAR growth month since March 2025, with Minneapolis leading gains due to federal agent activity and Miami boosted by CFP Championship Game.
Berlin hotel bookings for ITB 2026 show travelers planning 84.75 days ahead versus 74.4 days last year, with ADR rising to €146.86.
OneJourney's SwiftPay platform offers hospitality operators 1%+ cashback on supplier payments through bank-integrated payment cards with no setup fees.
New York leads both expense and popularity lists domestically, while London tops international markets with Rio surprisingly popular at $71 ADR.
Simonstone Hall in Yorkshire saw 142% demand spike after hosting A-list cast, with owner Jake Dinsdale sharing insights on leveraging celebrity stays.