Italy: Europe’s trending travel destination - How Italy’s hotel sector is thriving in bookings and room rates and how online trends set up a summer to remember for Italian hoteliers.
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Boutique hotel occupancy outpaces all U.S. hotels - Interest in the development of the boutique hotel product is justified by continued solid performance.
Aug 28, 2023 • Hospitality
Group business travel drives strong hotel REIT performance in Q2 2023 - Business transient demand also improved 6% to the second quarter of 2022, while rates were up 10%, according to S&P Global Market Intelligence.
Aug 28, 2023 • Hospitality
Hoteliers strategize to address downward pressure - Some are leaning on maintaining rates while others choose a more aggressive pricing strategy or focus on generating an optimal mix of business.
Aug 23, 2023 • Hospitality
Leisure travelers becoming more price sensitive - As hotels increased their rates, they increased the expectations guests have for their stays.
Aug 22, 2023 • Hospitality
Mild recession to have limited effect on hotels - Rate expected to be main driver of revenue until occupancy growth returns in 2024.
Aug 22, 2023 • Hospitality
July U.S. hotel rates rise, occupancy slips again - July reflected continued improvement in business and group travel, according to STR.
Aug 22, 2023 • Hospitality
US hotels focus on margins in first half of 2023 - Hotels saw general pressure on profit margins in the first half of 2023, with GOP margin falling by 1% point compared to the same period in 2022.
Aug 21, 2023 • Hospitality
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