Omaha World-Herald - With its Stock at Less than $1 a Share, Condor Hospitality Hopes Shift to Swankier Digs Will Give it a Lift
Steve Jordon, Omaha World-Herald
Condor’s last Nebraska property, the Super 8 in O’Neill, which is being sold.
Editorial Staff, Hotel News Resource
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Hotel industry performance remains strong, with Q4 2015 revenue per available room (RevPAR) increasing 4.0 percent year-over-year, and online and mobile bookings are continuing to drive this growth. According to data from TravelClick’s North American Distribution Review (NADR; Q1 2016), bookings through hotel company websites (Brand.com), online travel agents (OTAs) and in-person travel agents (global distribution systems / GDS) experienced the most growth in bookings in the fourth quarter, continuing the online / mobile trend from earlier in the year. TravelClick’s NADR report aggregates hotel bookings by channel for the transient segment (individual leisure and business travelers).
Danielle Hess, Hotel News Now
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Hoteliers in the San Francisco area are expecting high occupancy for Super Bowl weekend, but it’s still unclear how that will translate in revenue.
Judy Maxwell, Asian Hospitality
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