ADR increases increases 4.3% to US$101.84

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Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.

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Looking at the recent finding on rate parity trends in Europe by RateGain, is it too early to believe that in light of the upcoming London Olympics, hotels in London are making an effort to generate direct bookings by offering their best rates on their brand sites?

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Hotel rate parity trends for February to April 2012 of three, four and five star hotels across some of the major cities in Europe.

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Company repays success by giving back in local community

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Revenue per available room up 7.2% to CAD$71.06

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2011 closes with positive indicators for hotel business throughout the European Union, with an average of 5.5% growth in the RevPAR as a result of increased occupancy combined with growth in average daily rates.

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Atlific now manages six hotels with a total of 767 hotel rooms in Fort McMurray, all owned by Temple Real Estate Investment Trust (TREIT).

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The new Riu Palace Peninsula, located next to the Riu Caribe, will open its doors after an investment of 140 million dollars

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Brand to Bring New European Prototype to France, Poland and The Netherlands.

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