hotel

Four Seasons Sharm El Sheikh to get new convention centre in resort expansion project

The Four Seasons Resort Sharm El Sheikh, Egypt has announced plans for an expansion and enhancement project which will double the size of the current property. One aspect of the new facility will be the addition of a large conference centre for meetings and weddings. The new state-of-the-art centre will more than double the Resort’s event capacity with new indoor and outdoor spaces for up to 2,000...

Positive signs for US hotel industry as occupancy rates rise

US weekly hotel occupancy reached its highest level since October 2019, while room rates hit an all-time high, according to hospitality research specialists STR‘s latest data through 24 July. 18-24 July 2021 (percentage change from comparable week in 2019): Occupancy: 71.4% (-7.8%) Average daily rate (ADR): US$141.75 (+4.0%) Revenue per available room (RevPAR): $101.24 (-4.2%) Historically, the mi...