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PwC: Room Rate Gains to Accelerate in 2015

PwC: Room Rate Gains to Accelerate in 2015

NEW YORK—An updated lodging forecast released today by PwC US anticipates room rate gains to accelerate and drive a revenue per available room (RevPAR) increase in 2015, as hotels achieve occupancy levels reflecting the solid lodging demand trends of recent ...

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Paris Hotels Experiment With Honesty Rates

Paris Hotels Experiment With Honesty Rates

A Paris hotel owner has come up with a promotion for travelers to pay what they want while staying at his hotel, according to this report from CNN. Aldric Duval has recruited four other city center hotels to join him in ...

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Survey Shows Room Rates Rising for Super Bowl

Survey Shows Room Rates Rising for Super Bowl

NEW YORK—Football fans who are planning to book their hotel in New York for next year’s Super Bowl better steel themselves for some price shock. According to a new survey from CheapHotels.org, hotels in New York City, and in particular ...

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Hotel Rates Spike for World Series

Shane Victorino’s grand slam play the propelled the Red Sox into the World Series caused a wave of excitement in Boston. And as hotels in the city prepare to host droves of baseball fans, rates for Wednesday and Thursday nights ...

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The High Cost of Raising Room Rates

The High Cost of Raising Room Rates

The highlight of the recovery from the recent recession has been the strong rebound in lodging demand. According to Smith Travel Research (STR), occupancy levels at U.S. hotels increased from a low of 54.5 percent in 2009 to 61.4 percent ...

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