Pyramid Hotel Group recently published their Winter 2015 Hotel Industry Overview. Some highlights include a 10% growth in RevPAR in the final quarter of 2014. Last year tied with 2011 for the second highest annual RevPAR growth in the last 25 years, behind only the 8.7% pickup in 2005. The report highlights Occupancy, ADR, and RevPAR growth of major hotel segments and in key markets. Other data of interest is the major hotel transaction that have recently taken place in various markets. The report indicates that hotel sales in Jaunary of 2015 were up 32% over last year. For all the data and analysis and to read Pyramid Hotels Report, click here.
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August 27, 2020
The current COVID-19 crisis continues to have a significant negative effect on the waterpark industry. Waterparks play a major role in providing entertainment, supporting job creation, fostering small business opportunities, and contributing to robust economic growth. Due to COVID-19, many outdoor waterparks delayed their season openings while others have decided, or were mandated, not toREAD MORE