U.S. hotel performance sees continued growth in January 2025 - Hotels saw strong gains in RevPAR, ADR, and occupancy, driven by the presidential inauguration, disaster recovery, and a growing gap between luxury and economy properties.
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Accor sees surge in demand from tech and financial sectors - Accor reported an 11% revenue increase and a record €1.1 billion in earnings for 2024, driven by resilient business and leisure travel.
Feb 21, 2025 • Hospitality
Hyatt reports business travel surge, eyes growth in 2025 - The company reported a 10% year-over-year increase in business travel revenue for Q4, attributing the growth to a steady return of large corporate clients.
Feb 18, 2025 • Hospitality
U.S. hotel profits under pressure from rising labor costs - Hotel profit growth slowed as rising labor costs put pressure on margins, with GOPPAR increases trailing inflation.
Feb 18, 2025 • Hospitality
Potential erosion of US travel demand to the UK and Europe - European hoteliers must separate 'signal from noise' as they navigate rising costs, shifting demand.
Feb 13, 2025 • Hospitality
Marriott’s strong travel demand fuels growth into 2025 - The company posted “excellent” performance for the fourth quarter and full-year 2024, with global RevPAR up year over year for both periods.
Feb 12, 2025 • Hospitality
Hilton optimistic after strong 2024 performance - The company has reported better than expected results for the fourth quarter and for the full year 2024.
Feb 7, 2025 • Hospitality
Hotel data experts expect generally steady 2025 - Hotel performance in 2025 will see moderate growth, influenced by economic factors, shifting demand, and rising costs.
Feb 6, 2025 • Hospitality
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