An update from our 2014 report, this report aims to assist owners in increasing their understanding and awareness of the franchise business model and current market trends. The fees outlined in this article apply solely to hotels operating in Europe.
In two short weeks, Facebook, Instagram, and Twitter have all either announced updates or made updates to their platforms that will impact social media accounts for businesses in the hospitality industry. Keep reading to see all the changes and what they mean for hotels and resorts.
Preliminary June data from STR shows London hotel occupancy rose 4% to 89.8%, ADR increased 11.3% to £178.20 ($223.35) and RevPAR jumped 15.7% to £159.95 ($200.48).
According to preliminary June data from STR, Abu Dhabi hotel occupancy rose 16.8% to 62.9%, ADR increased 7.2% to 339.31 Emirati dirhams ($92.39) and RevPAR jumped 25.2% to 213.43 dirhams ($58.12).