Tag: hotels

Luxury and upper-upscale properties have lagged because of their dependence on particular person corporate and group demand. Many might not see a RevPAR restoration until the tip of 2023 throughout 65 of the largest U.S. markets. At the top of the spectrum, the leisure-centric destinations of Savannah, Miami, St. Petersburg and the Coachella Valley in California are forecast to exceed their 2019 RevPAR ranges by more than 20% in 2023. Many mid-size and upscale hotel corporations are firming up investments and capacity expansion plans to the tune of Rs three,500 crore in key holy towns in the next two years,…

Luxury and upper-upscale properties have lagged because of their dependence on particular person corporate and group demand. Many might not see a RevPAR restoration until the tip of 2023 throughout 65 of the largest U.S. markets. At the top of the spectrum, the leisure-centric destinations of Savannah, Miami, St. Petersburg and the Coachella Valley in California are forecast to exceed their 2019 RevPAR ranges by more than 20% in 2023. Many mid-size and upscale hotel corporations are firming up investments and capacity expansion plans to the tune of Rs three,500 crore in key holy towns in the next two years,…