There were 3.4 million job openings on the last business day of December, up from 3.1 million in November. The hires rate (3.1 percent) and the separations rate (3.0 percent) were unchanged in December.
Hotels in Riyadh achieved the highest Average Room Rate (ARR) and Gross Operating Profit Per Available Room (GOPPAR) in the region for the month of December and full year 2011, according to the latest HotStats survey by TRI Hospitality Consulting.
Over the past few weeks Joe Buhler and I have been having numerous Google+ conversations concerning the effectiveness of social media. Joe is a principal of buhlerworks, an expert in development and execution of social web marketing strategies. Several conversations dealt with the many myths surrounding social media so I asked Joe to write a guest column on the subject for Hospitality Marketing Blog. For hoteliers simply dabbling in social media, here is your wake-up call.
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Asia.
In year-over-year measurements, the Canadian hotel industrys occupancy ended the week with a 3.8-percent increase to 56.7 percent, its average daily rate rose 3.3 percent to CAD$125.32 and its revenue per available room was up 7.2 percent to CAD$71.06.