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US hotel performance expected to improve - While the U.S. economy is expected to slow next year, the hotel industry continues to recover and grow.
Dec 14, 2023 • Hospitality
Heightened group demand drives hotel profits - New York City and Dallas, cities experiencing a resurgence in group travel, led U.S. hotel markets in gross operating profit and total RevPAR in October.
Dec 11, 2023 • Hospitality
How Taylor Swift is changing travel - The megastar not only had a transformative effect on the music and entertainment industries, but also drastically shaped the world of travel.
Nov 28, 2023 • Hospitality
In Europe, most new hotel openings happen via conversions - Major hotel firms that bought or merged before the pandemic are in a good place to capitalize on fresher brands.
Nov 24, 2023 • Hospitality
Soaring hotel prices to hit Paris in 2024 - A report by the Paris tourism office showed that hotel prices would rise by a whopping 314% between the 2023 and 2024 summers.
Nov 22, 2023 • Hospitality
ADR carried US hotel performance in October - The U.S. hotel industry reported mixed performance results from the previous month, according to October 2023 from CoStar.
Nov 21, 2023 • Hospitality
STR lifts U.S. hotel outlook 2023 on higher rates - Stronger group activity and returning international visitors will help offset economic factors, supporting solid RevPAR gains.
Nov 21, 2023 • Hospitality
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