Tag Archives: ADR

Preferred Hotels & Resorts Outperforms Competitors and Drives Cost Savings, Reveals New Performance Report

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(IN SHORT) On Independent Hotel Day, Preferred Hotels & Resorts revealed a U.S. Performance Report conducted by HVS, showcasing the strong performance of its 92 affiliated hotels in North America from 2021 to 2023. The report highlights how Preferred-affiliated properties outperformed their competitors in RevPAR penetration across primary, secondary, tertiary, and resort markets. Resort hotels… Read the full press release

Unlock Exclusive Deals with TravelClick’s Newest Feature on Booking Engine 4.0

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New York, 2017-Mar-04 — /Travel PR News/ — TravelClick (“the Company”), a global provider of innovative, cloud-based and data-driven solutions for hotels to maximize revenue, today announced the release of its new Private Offers feature on the Company’s recently launched Booking Engine 4.0, designed to drive a higher conversion and upsell rate for direct bookings on… Read the full press release

Hoteliers Face Challenge of Flattening Reservation Pace

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  Still, North American Markets See Uptick in Rates Across Travel Segments New York, 2017-Mar-04 — /Travel PR News/ — As North American hoteliers progress through the early months of 2017, the pace of new bookings is flat with new February reservation commitments at -0.8 percent. However, average daily rates (ADR) for the first and second… Read the full press release