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New Years Eve gave Sydney hotels plenty of cause for celebration on December 31. Sydney hotels pulled in record high averagedailyrate and revenue per available room on the night, according to December preliminary data from CoStar. CoStar reports occupancy levels of 78.8% for December 2024, up 2.1%
Skift Take: We're always talking about growth in India, and the hotel industry has had a significant number of branded signings and openings this year. But in May, there was a significant decline in averagedailyrates and revenue per available room compared to April. Bulbul Dhawan Read the Complete Story On Skift
Skift Take: India's hotel industry has gaps and enough potential to warrant significant growth over the next few years. But whether the players will be able to capitalize is a different question altogether. Bulbul Dhawan Read the Complete Story On Skift
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