Unfortunately, 2016 was a disappointment. Revenue and profits increased, but not at the levels that were budgeted. Occupancy and average daily rate (ADR) growth fell short of expectations, which led to a revenue shortfall. While the lower occupancy levels resulted in less expense growth, it was not enough to offset the limited revenue growth. Therefore, the goals for increases in profits were not met.
The Central/South America region reported an 8.4% year-over-year decrease in rooms under contract, according to STR data.
Demand360 Network of Global Data Providers Continues to Expand, Empowering More Hoteliers to Develop Strategies that Maximize Revenue
Located nine miles from Flagstaff Pulliam Airport and just minutes from historic downtown Flagstaff, the Fairfield Inn & Suites Flagstaff Northeast offers guests convenient access to the Arizona Snowbowl, Northern Arizona University, Lowell Observatory and many National Parks and Landmarks including the Grand Canyon.