As we are moving further and further away from the dreaded lock down and COVID era we are starting to see some normalization within our industry again. Restrictions are being removed, air lift is increasing and in turn we are seeing the occupancies following suit, but how is South Africa really doing compared to the …
2022 Overview – How are we really doing as South Africa? Read More »
STR: Preliminary December data for Abu Dhabi hotels Hotels in Abu Dhabi, United Arab Emirates, reported occupancy increased 8% to 79.4%, according to preliminary STR data. ADR also increased 2.1% to 496.70 Emirati dirhams ($135.30), which boosted RevPAR up 10.2% to 394.39 Emirati dirhams ($107.43). Based on daily data from December, Abu Dhabi reported …
STR: Preliminary October data for Abu Dhabi hotels Abu Dhabi’s hotel market posted positive year-over-year performance in October, according to preliminary data from STR. Occupancy grew 12.7% to 80.9%, ADR increased 2.3% to 465.58 Emirati dirhams ($126.75) and RevPAR was up 15.3% to 376.88 Emirati dirhams ($102.60). Based on daily data from October, Abu Dhabi …
STR: Asia/Pacific hotel performance for Q1 2017 In the first quarter of 2017, hotels in the Asia/Pacific region reported mostly year-over-year performance increases. Occupancy increased 3.3% to 68.3%, ADR was nearly flat (-0.3% to $104) and RevPAR jumped 3% to $71.04. Full Article Here STR: Central/South America hotel data for Q1 2017 The Central/South America …
STR: Asia/Pacific hotel performance for February 2017 During February 2017, Asia/Pacific hotels reported an 8% occupancy increase to 68.7%, a 5% ADR decrease to $102.95 and a 2.6% RevPAR increase to $70.67. Full Article Here STR: Preliminary February data for Abu Dhabi hotels Preliminary February performance data for Abu Dhabi shows occupancy was nearly flat …
STR: Preliminary January data for Abu Dhabi hotels Preliminary January 2017 data for Abu Dhabi shows the market experienced a 1.4% occupancy decline to 74.2%, a 10% ADR decrease to 465.80 Emirati dirham ($126.82) and an 11.2% drop in RevPAR to 345.68 Emirati dirham ($94.12). Full Article Here STR: Asia/Pacific hotel performance for January 2017 …
What social media channels are you on and why have you selected them? Facebook is my most active social media channel, I use it socially to stay in touch with family and friends on regular basis, it is also a great platform to stay connected with my industry updates and public pages that I follow. …
Talent Review – Raguvararaj Muthualagu – Revenue Manager – Kuala Lumpur Read More »
Net Operating Income (NOI) – A company’s operating income after operating expenses are deducted but before income taxes and interest are deducted. If this is a positive value, it’s referred to as net operating income, while a negative value is called a net operating loss. NOI often is viewed as a good measure of company performance. …
STR: Preliminary November 2016 data for Abu Dhabi STR’s preliminary November 2016 performance data for Abu Dhabi shows that the market’s hotels reported a 3.1% occupancy decrease to 81%, an 11.1% ADR decrease to 660.14 Emirati dirham ($179.73) and a 13.8% RevPAR decline to 534.97 Emirati dirham ($145.65). Full Article Here STR: Asia/Pacific hotel performance …
What social media channels are you on and why have you selected them? I am currently active in Facebook and Instagram to easily connect with family and friends. For work related matters, I am connected to LinkedIn. Join Jerry on LinkedIn Here Describe Revenue Management in one word; Dynamic In terms of Industry, what do …
Talent Review – Jerry V. Estrera – Cluster Director Of Revenue – Singapore Read More »
