Travel Gossip: Preferred Hotel Group’s Reservation Revenues Up 26%

Hospitality News


The Preferred Hotel Group has generated year-to-date increases of 26% in reservation revenue, 21% in room nights, and 4% in ADR on behalf of its worldwide portfolio over the last three months compared to last year.


The company has also added 42 new hotels, totaling 95 new propertiesm so far this year.


“It was an exciting quarter for Preferred Hotel Group, and we expect this momentum to continue,” says Lindsey Ueberroth, President of Preferred Hotel Group.


“To-date bookings for our hotels for the months of November and December are already 18% and 29% higher, respectively, than this time last year.”


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