HVS Market Report - Palm Springs & Desert Cities - By Luigi Major
With demand levels on the rise and several redevelopment and revitalization projects occurring in the area, the Coachella Valley is experiencing a renaissance.
The U.S. Department of Transportations Bureau of Transportation Statistics (BTS) reported today that U.S. airlines November systemwide (domestic and international) scheduled service passenger enplanements rose 0.1 percent from October, rising for the second consecutive month to reach a new all-time seasonally-adjusted high of 72.3 million
Canada's hotels experienced a 1.1% occupancy increase to 57.4% during the week of 4-10 February, while ADR rose 2.8% to 144.02 Canadian dollars ($115.15) and RevPAR increased 3.9% to CA$82.61 ($66.05).
In lodging industry parlance, other operated departments are frequently referred to as minor operated departments. Based on recent trends in other operated department revenues and profits, these sources of income have become less consequential to both the top and bottom lines of U.S. hotels.