Hotels in London reported occupancy decreased 0.9% to 82.2% in April, according to preliminary monthly STR data. ADR decreased 1.1% to £141.87 ($192.48) and RevPAR dropped 2% to £116.59 ($158.18).
According to preliminary April data from STR, hotels in Munich reported occupancy rose 2% to 73.1% during the month, while ADR increased 12.9% to 119.50 ($143.23) and RevPAR rose 15.1% to 87.30 ($104.64).
Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a franchise agreement with both Henderson Park and Hines for the first Grand Hyatt hotel in Greece, Grand Hyatt Athens. The opening is expected in Q3 2018.
Sitting on Kotor Bays only private beach, the resort features 89 premium guestrooms, 10 villas with private beachfront access, and three penthouse suites, each with a balcony or terrace.