Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
In year-over-year comparisons, occupancy was up 0.1 percent to 62.7 percent, average daily rate rose 3.7 percent to US$109.93 and revenue per available room increased 3.8 percent to US$68.94.
The Pennsylvania Gaming Control Board today unanimously approved the request by the operator of SugarHouse Casino in Philadelphia to modify a previously approved-development plan of the facility.
In year-over-year comparisons, occupancy rose 0.9 percent to 64.5 percent, average daily rate was up 1.5 percent to CAD$130.11 and revenue per available room increased 2.4 percent to CAD$83.92.
Net revenue from continuing operations was $101.0 million for the quarter ended March 31, 2013, compared to net revenue of $101.7 million in the first quarter of 2012, a decline of $0.7 million, or 0.6%. Adjusted EBITDA for the first quarter of 2013 was $18.1 million, compared to $20.2 million in the first quarter of 2012, a decline of $2.0 million, or 10.1%.
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
In year-over-year comparisons, occupancy was down 0.6 percent to 62.7 percent, average daily rate rose 2.7 percent to US$110.14 and revenue per available room increased 2.1 percent to US$69.07.
MGM National Harbor, a subsidiary of MGM Resorts International (NYSE: MGM), today filed a proposal for a license from the State of Maryland Video Lottery Facility Location Commission to develop a world-class destination resort in Prince George's County.
In April 2013, the AGEM Index reported a month-to-month increase for the second consecutive month, with a composite score of 159.45 points, up 8.44 points, or 5.6 percent, when compared to March 2013.
