Americans likely to maintain or increase hotel stays in 2024 - 72% of Americans say they plan to either maintain or increase their number of hotel stays in 2024 compared to 2023, and hotels remain the top lodging choice for likely travelers.
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Hospitality industry should fare better than US Economy in 2024 - The hotel industry has enjoyed demand recovery even as rate growth slows to reach a more normalized pace.
Jan 30, 2024 • Hospitality
Group business fully recovers in 20 US markets - Las Vegas, Miami and Dallas were among the cities that saw more than 100% recovery in group business performance in Q4 2023, according to Knowland and Amadeus.
Jan 30, 2024 • Hospitality
US hotel performance dips - NFL playoff games, primary elections and other events boosted hotel revenues in some markets, but U.S. hotel performance overall was down for the week ending Jan. 20.
Jan 29, 2024 • Hospitality
Booking.com announces recipients of its 12th annual Traveller Review Awards - For the seventh year in a row, Italy is home again to the largest number of award recipients, followed by Spain, and France.
Jan 25, 2024 • Hospitality
U.S. hotel construction pipeline reaches record high project counts - The upper midscale segment had the highest project count of all chain scales in the total U.S. construction pipeline at the Q4 close.
Jan 24, 2024 • Hospitality
Hoteliers hold steady as industry normalizes - With the U.S. hotel industry still making steady progress in its recovery, hoteliers at the first day of the Americas Lodging Investment Summit were in good spirits.
Jan 24, 2024 • Hospitality
STR maintains U.S. hotel forecast 2024 projections - For 2024, growth in ADR was raised by 0.1 percentage points, while occupancy and RevPAR were unchanged from the previous forecast.
Jan 23, 2024 • Hospitality
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