It has long been known that business Intelligence (BI) can be instrumental in helping hotel operators make smarter and more timely decisions. A new groundbreaking study from Starfleet Research explains at length how hotels that use advanced BI tools and capabilities to transform raw data into actionable insights are driving significant improvements in various aspects of their operational and financial performance.
JLLs City Momentum Index reveals where in the world to find highest levels of socio-economic and commercial real estate dynamism
Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.2-percent year-on-year increase in profit per room for hotels across Europe, according to the latest data tracking full-service hotels from HotStats.
Preliminary December 2018 data from STR shows Dubai hotel occupancy dropped 2.7% to 79.2%, ADR declined 4.3% to 758.80 Emirati dirhams ($206.62) and RevPAR decreased 6.9% to 600.98 dirhams ($163.64).