Average daily rate (ADR) at US$159 was US$3.53 higher than the prior week and a 3.6% increase year over year (YoY). The increase was just behind the most recent CPI-indexed annual inflation rate (5.0%). Increasing occupancy and ADR netted a healthy revenue per available room (RevPAR)...
Another challenge that is becoming apparent is inflation. “In March 2022, it was reported that Australia reached 5.1% inflation – so basically the consumer price index went up 5.1% in comparison to the previous year, which is the highest level that we had since 2000. And this was above a...
Core inflation, which excludes prices of fresh food, also slowed to 2.2% from 2.6%, in line with expectations. The so-called "core-core" inflation rate — which strips out both fresh food and energy prices and is considered by the Bank of Japan when formulating monetary policy — saw the...
representing an estimated full-year effective tax rate (ETR) of 28.1%(H1 FY22: 27.8%). The tax rate is higher in the current period mainly due to the increase in the UK tax rate to 25% from 1 April 2023. The Group's ETR varies depending on ...
Group demand in Luxury and Upper Upscale hotels returned this week after the previous week’s slowdown, however, the year-over-year comparison was basically flat (-0.4%). That was the first time this year, excluding calendar shifts, that group demand did not show a significant increase. Group...
William, You pose an interesting thought comparison as we definitely grew up in more innocent times. Despite today’s many stresses, I would not want to give up the internet, safer cars, AC, cheap flights, modern health care, flat screens, tech outdoors gear, and all the other positive ad...
The average daily sales conversion rate dropped to 56.4%, showing that demand declined relative to April, which is seasonally normal for this time of year and includes the Memorial Day holiday week. For comparison, the daily sales conversion rate averaged 55.2% in May over the last two years....
c Comparison of LDG pattern in three well-depth ranges of phreatic water with that on the topsoil. d Vertical trend of LDG pattern in eastern (zone I, II, and III), middle (zone IV and V), and western (zone VI and VII) China. Quadratic coefficients of polynomial fits of LDG are ...
The statistics, released by the Motorcycle Industry Association (MCIA) make grim reading as cost of living and high inflation take their toll. Moped sales for May were 29% less than last year with year-to-date (YTD) sales down 34.6%.Honda’s PCX 125was by far the best selling scooter ...
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