Mostly Positive Results for US Hotel Industry for Week Ending August 12th - 2017
During the week of 6-12 August 2017, the U.S. hotel industry reported occupancy rose 0.7% to 73.6%, while ADR increased 1.5% to $128.39 and RevPAR rose 2.2% to $94.46.
The Canadian hotel industry reported positive performance during the week of 6-12 August. Occupancy increased 1.2% to 80.9%, while ADR jumped 9% to 179.33 Canadian dollars ($141.91) and RevPAR rose 10.3% to CA$145 ($114.75).
The emerging markets are set to post faster growth in revenue than their counterparts in developed countries, making them integral to the expansion strategies of some of the worlds leading hotel developers
JMBMs Global Hospitality Group® and EB-5 Finance Group announce the publication of The Developers EB-5 Handbook for EB-5 Construction Financing, a 'must-read' resource for developers who are considering using EB-5 financing to complete or enhance their capital stack for construction projects .
Airlines for America (A4A) today projected 16.1 million passengers will fly worldwide in scheduled service on U.S. airlines over the Labor Day travel period, up 5 percent (110,000 passengers per day) from the 15.4 million passengers estimated to have flown during this period last year.