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137. Korean Air sustains Strong Growth in 1Q 2007
Korean Air sustains Strong Growth in 1Q 2007. Korean Air has reported its first quarter results for the three months ended March 31, 2007. Operating income increased by 66.1% to 151.4 billion KRW as compared to 91.1 billion KRW for the same period last year. Net income increased to 130.8 billion KRW, representing a 2.7% increase year on year.
138. Carlson Rezidor Signs 7 Hotels in Jammu and Kashmir
Carlson Rezidor has signed an agreement with Mushtaq Group of Hotels to open seven properties comprising 817-rooms under the Radisson Blu, Radisson and Country Inns & Suites By Carlson brands, in the northern Indian state of Jammu and Kashmir. The first hotel is expected to open in the fourth quarter of 2016 in Srinagar.
139. U.S. Hotel Industry Reports Q1 2017 Increase in ADR, OR and RevPAR
According to data compiled by STR, the U.S. hotel industry reported positive year-on-year results in the three key performance metrics during the first quarter of 2017. Compared with Q1 2016, occupancy rose by 0.9% to 61.1%, ADR increased 2.5% to US$124.27 and RevPAR jumped +3.4% to US$75.92.
140. Hotels in U.S. Report Q2 2016 Increase in ADR, OR and RevPAR
Compared with Q2 2015, the U.S. hotel industry’s occupancy was almost flat (+0.6% to 69.4%) in Q2 2016. ADR was up 2.9% to US$124.47 and RevPAR increased 3.5% to US$86.33. Three Top 25 Markets experienced a double-digit lift in RevPAR for the quarter: Dallas, Texas (+12.1% to US$80.64); Los Angeles/Long Beach, California (+11.1% to US$140.60); and Nashville, Tennessee (+10.6% to US
141. U.S. Hotel Industry Reports Q2 2017 Increase in ADR, OR and RevPAR
According to data compiled by STR, the U.S. hotel industry reported record absolute levels in the three key performance metrics during the second quarter of 2017. Compared with Q2 2016, the industry reported an increase in Occupancy of 0.5% to 69.5%, ADR rose by 2.2% to US$127.43 and RevPAR was up 2.7% to US$88.58.
142. HRG Survey Indicates Latest Trends in Business Travel Market
Despite ongoing challenges, particularly in the Eurozone economies, there are signs that the business travel market is on the road to recovery. Global air travel booking activity in the first quarter of 2013 was up 3.2% compared to the same period in 2012.
143. SIA Reports Q1 2010 Profit
SIA Reports Q1 2010 Profit. The SIA Group has reported a net profit of $253 million in April – June 2010. This was a turnaround of $560 million from the loss of $307 million recorded in the same quarter a year ago. Group revenue at $3,466 million grew 20.7% (+$594 million), reflecting the recovery in load factors and yields.
144. Hong Kong Visitor Arrivals for March 2009
Hong Kong Visitor Arrivals for March 2009. Hong Kong's visitor arrivals in March 2009 reached 2,445,289 or 1.7% more than in March 2008. This brings cumulative arrivals for the first quarter of 2009 to 7,403,713, 1.8% ahead of the same period last year.

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