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5 things to know: 15 October 2019

From the desks of the Hotel News Now editorial staff:

  • Sustainability, smaller hotels underpin Accor’s Greet
  • Stocks dip amid new worries with US-China trade agreement
  • A look back at Ace Hotel’s two-decade history
  • Marriott’s been ‘working for years’ on sustainability
  • Forbes Travel Guide ranks world’s best hotel bars

STR: Preliminary September data for Sydney hotels

Hotels in Sydney reported occupancy fell 3.5% to 79.6% in September, according to preliminary STR data. ADR decreased 2.6% to 205.44 Australian dollars ($138.60) and RevPAR declined 6.1% to AU$163.60 ($110.37).