Marriott's Q2 highlights: Surge in Europe travel, China recovery - A surge in Americans' international travel as well as a rebound in China helped boost Marriott's global performance in the second quarter.
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Melia Hotels quarterly profit soars as revenue tops pre-pandemic levels - The company said the quarterly results showed the strength of a sustained demand without signs of a slowdown.
Aug 1, 2023 • Hospitality
Hilton sees no slowdown in travel demand - The company continues to see a strong hunger for travel through 2023 and into early 2024.
Jul 27, 2023 • Hospitality
Hotel industry in 'normalization' mode - "Normalization" is the word of the day for hotel industry performance in the second quarter of 2023.
Jul 27, 2023 • Hospitality
US hotel performance growth slows in June - The U.S. hotel industry reported higher performance from the month prior but lower year-over-year percentage changes, according to June 2023 data from STR.
Jul 21, 2023 • Hospitality
U.S. hotel RevPAR gains running out of steam - While still growing year over year in single-digit percentages, RevPAR is "just ahead" of last year, indicating signs of slowing or stabilizing.
Jul 19, 2023 • Hospitality
U.S. meetings and events growth for June at 30% - The top 25 markets in the U.S. are 90 percent recovered for year-to-date June 2023 performance compared to 2019.
Jul 13, 2023 • Hospitality
Robust hotel pricing trends amidst shifting global dynamics - OTA Insight released its mid-year report on the state of global hotel pricing, showing a notable rebound in ADR for the global hotel industry.
Jul 12, 2023 • Hospitality
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