CoStar: U.S. Hotel Performance Decreases With Easter Holiday

CoStar: U.S. Hotel Performance Decreases With Easter Holiday

WASHINGTON—As expected ahead of the Easter holiday, U.S. hotel performance decreased from the previous week, according to CoStar’s latest data through March 30, 2024. U.S. Hotel Performance March 24-30, 2024 Percentage change from comparable week in 2023:Occupancy: 62.3 percent (down 5.6 percent)ADR: $157.14 (down 0.7 percent)RevPAR: $97.83 (down 6.3 percent) Among the Top 25 Markets,…

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Customs Generates ₦1.3 trn In Q1 2024, Move To Stop Fluctuations In Foreign Exchange Rate

Customs Generates ₦1.3 trn In Q1 2024, Move To Stop Fluctuations In Foreign Exchange Rate

Nigeria Customs Service (NCS) said it generated ₦1.347 trillion in revenue between January and March 2024. Revenue between January and March surpasses the over ₦606b collected during the same period last year by 122.35 per cent. NCS says it has commenced consultations with CBN to stop recurrence of exchange rate fluctuations on import operations. The…

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Mercedes-Benz EQS Looses Half Of Its Value In The Used Car Market

Mercedes-Benz EQS Looses Half Of Its Value In The Used Car Market

If you’re in the market for a luxury EV, you might want to reconsider the purchase—or consider buying a used one. Headline-making research from US-based iSeeCars demonstrates that several electric luxury cars are rapidly losing value. Topping the list of fastest-depreciating vehicles is the flagship Mercedes-Benz EQS sedan. Staggeringly, its value plummets by almost half within the first year…

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