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

(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

Double digit growth in global hospitality industry for Q4 2023

2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data PORTSMOUTH, New Hampshire, 2023-Sep-27 — /Travel PR News/ — There is sense of buoyancy in the global hospitality industry as we head into the fourth quarter of 2023. According to new Demand360® business intelligence… Read the full press release