Sydney hotel performance jumped for eventful May
Sydney hotel performance jumped for eventful May
A mix of events lifted Sydney hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for a May, according to preliminary data from CoStar.
Grand Prix drove Monaco hotel rates to record high
Grand Prix drove Monaco hotel rates to record high
The Formula 1 Grand Prix race pushed Monaco’s hotel industry to its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary May data from CoStar.
Rio de Janeiro room rates jumped for Lady Gaga
Rio de Janeiro room rates jumped for Lady Gaga
A Lady Gaga concert helped Rio de Janeiro’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to an all-time high for May, according to preliminary data from CoStar.