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.
88% of Travelers Would Book Property Offering Central Payment Over Other Payment Options
In June, U.S. hotel occupancy fell 1.3% to 73.5%, and despite a 0.9% ADR increase to $134.52, RevPAR dipped 0.4% to $98.85.
Only One in Five Organizations Have a Traveler Satisfaction Program in Place; However Results Include Policy Parameters That Aid In Tracking and Flexibility in Reimbursing Dining Expenses