Business travel

STR: US Hotels ADR in July, RevPAR exceeds 2019 levels

In absolute numbers, the July 2021 average daily rate and revenue per available room for U.S. hotels have exceeded July 2019 levels, according to STR’s latest monthly report. After adjusting for inflation, this year’s metrics were lower than all-time highs recorded in 2019. The occupancy rate was the highest of all months since August 2019. […]

Business travel

Resume business travel hotel and airline reservations, with hesitation

“I may be optimistic,” he added, “but I hope that the progress of immunization increases dramatically over the next 60-90 days and that the fourth quarter and early 2022 will still be enough. solid. “ Mr. Graf is among the few who believe that hybrid business events, involving both in-person and virtual presence, will disappear […]

Business travel

Why are vacations so expensive? Blame business travel (or lack thereof)

Upon returning from the trip, you might start to feel a shock on the airline ticket stickers. It’s not necessarily because more and more people are going on vacation, although they certainly are. This is more likely because fewer people take business trips. And when business travelers aren’t traveling, leisure travel can become more expensive. […]