RevPAR is calculated by multiplying average room rate by occupancy rate or dividing total room revenue by available rooms. An increase in RevPAR indicates improved hotel performance; a decrease ...
Marriott International's Q1 2023 operating income saw a significant 70% growth compared to Q1 2022, with earnings per share up by 113%. The company's RevPAR for Q1 2023 is up for both The Ritz-Carlton ...
InterContinental Hotels Group has continued to see revenue growth - including among brands with a higher average daily rate. In addition, the stock looks more attractively valued than in previous ...