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STR: US hotel profits hit all-time high
U.S. hotel industrywide house profit reached $80 billion in 2018 even as labor costs increased at a higher rate than revenues.
What’s next for Kuala Lumpur in five points:
Kuala Lumpur has reported hotel supply growth of 13.3% since 2014, moving the market’s total inventory to 178 hotels and close to 44,000 rooms. Demand, on the other hand, has lagged in comparison with average growth of 2.2% across the same period.
STR, MAH partner to advance data benchmarking for Malaysian hotels
STR, a global data benchmarking and analytics specialist, has partnered with the Malaysian Association of Hotels (MAH), a national hotel association that represents the industry with more than a thousand members throughout the country.
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Cairngorms National Park Business Barometer
Each quarter, the Cairngorms National Park Business Barometer (CBB) seeks feedback from business operators across the Cairngorms National Park (CNP) on a range of aspects including ongoing performance and confidence in the future which allows for a q...