The U.S. hotel industry posted increases in all three key performance measurements during July 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy was up 7 percent to 67.9 percent, average daily rate ended the month with a 1.3 percent increase to $99.14, and revenue per available room for the month rose 8.5 percent to finish at $67.35.
A consortium of Mexican businessmen called Tenedora K has purchased 95 percent of Mexicana Airlines’ holding company in the hopes that they can save the struggling carrier. The consortium bought 95 percent of Nuevo Grupo Aeronautico as well as domestic airlines Mexicana Click and Mexicana Link.
Although he continues telling the press that he’s being chased by his secure-businessman image, it’s clear that Juan Jose Hidalgo, president of the Globalia Group, shall be worried these days. The hotel division of his rock-solid tourism empire has turned into a genuine problem since the conflict was sparked off months ago by Pedro Pueyo, a businessman and owner of Oasis establishments, managed by Globalia since 2007.




