As demand levels off, hoteliers remain focused - The hotel industry, from economy to luxury, is experiencing a normalization in rates and demand.

Aug 16, 2023 • Hospitality

Slower-than-usual summer for Whistler’s tourism - The summer season is proceeding at a slower pace than in pre-pandemic years, prompting hotels to reduce prices in an effort to stimulate demand.

Aug 14, 2023 • Hospitality

STR forecasts lower growth for U.S. hotels - STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast.

Aug 11, 2023 • Hospitality

Labor costs kept U.S. hotel GOPPAR down in June - U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month.

Aug 9, 2023 • Hospitality

Europe’s key hotel markets report highest GOPPAR of 2023 - Among the key markets, Paris posted the highest GOPPAR level, which was a 105.8% increase over May and 40.8% year-over-year.

Aug 9, 2023 • Hospitality

Many new luxury hotels are springing up in London - An influx of high-end openings is poised to catapult the city's luxury sector to new heights.

Aug 8, 2023 • Hospitality

Hyatt's business travel 86% recovered from the pandemic - Hyatt Hotels posted its fifth consecutive quarter of record results in Q2, with every business segment flying high.

Aug 7, 2023 • Hospitality

U.S. hotel industry growth slows in Q2 - Hotel fundamentals softened in Q2, largely due to a 1.5% year-over-year drop in occupancy.

Aug 7, 2023 • Hospitality