Hotel Value for Frequent Guests
Category Archives for Hotel Room Rate statistics.
My Loyalty Traveler blog niche and the focus of a large proportion of my articles is how to travel comfortably well on an economy class budget. Credit cards are a part of my hotel strategy, but I have never had an airlines branded reward card. My focus is primarily buying low cost airline tickets to…
InterContinental Hotels Group was the largest hotel chain in the world in 2015 by the hotel industry’s standard measurement of room count. IHG had 5,070 hotels with 750,000 rooms globally in its ten hotel brands July 2016, including Crowne Plaza, Holiday Inn and Holiday Inn Express as the key brand players by volume of hotels.…
Another piece of hotel industry room rates data points I find interesting is also from STR publications showing average daily rates for USA hotels in August 2016 and over past year. Average daily rate is over $125.42 per night across all hotels in the USA, however, occupancy dropped ever so slightly, by 0.2% to 66.9%.…
STR August 2016 data on chain hotel average room rates for regions across the globe indicate why I have found myself traveling primarily in Eastern Europe in 2016. This region has the lowest hotel rates at $74.13 average daily rate for the period August 2015 to August 2016 compared to an average in the $120s…
Cannes Film Festival is May 11-22. Last year I went to Sundance Film Festival in Park City, Utah. Hyatt points and a suite upgrade gave me a great hotel stay in Park City. There were so many free events happening around town and lots of free alcohol to keep me entertained on the cheap all…
Hotel chains are posting their 2015 Q3 financial statements this month. One of the pieces of data I like to see in these statements is the average room rate and number of hotels by hotel brand. Marriott International reports 4,364 properties worldwide as of September 30, 2015. During the third quarter, the company added 68…
Numbers from hotel chain financial statements usually include average daily rates for different brands and the number of hotels. Hyatt Hotels released its 2015 Q2 financial statement in early August. Hyatt Hotels average daily rates by brand during Q2 2015 Park Hyatt $312.64; occupancy 68.8%. Andaz $335.39; occupancy 80.7%. Grand Hyatt $238.53; occupancy 77.7%. Hyatt…
2014 was a record year for the hotel industry in the U.S. Two years ago, I attended the January 2013 Americas Lodging and Investment Summit in Los Angeles. The industry bigwigs at that conference went on and on about how business was great. The past two years’ data numbers seem to uphold their enthusiasm. 2014…
Several times a year I look at hotel financial reports and determine average daily rates for different hotel brands. Last week I found the Q3 2014 data already compiled for average rates by hotel chain and brands on a website called ChainHotels.com. Top 10 most expensive hotel brands: 1. St. Regis/Luxury Collection (Starwood Hotels) $346.28…
Making London hotels affordable is my objective for a seven night trip next month. This article looks at hotel rates and hotel competitive set pricing for London hotels among the major hotel chains. This week I will publish several articles about London and Dublin hotels. London Hotel Rates and Competitive Set Hotel Pricing There are…
