U.S. hotel TRevPAR highest on record in March - U.S. hotel total revenue per available room was the highest for any month on record, according to STR‘s March 2023.

May 3, 2023 • Hospitality

Marriott: Q1 corporate travel steady, rates rise - First-quarter business transient revenue in the U.S. and Canada was 90% recovered compared with 2019 levels.

May 3, 2023 • Hospitality

Marriott, Hilton, and IHG dominate U.S. hotel construction pipeline - Lodging Econometrics analysts detail the leading franchise companies and their brands in the construction pipeline at the close of the first quarter.

May 3, 2023 • Hospitality

Accor expects full occupancy rebound early next year - Accor’s hotels had an average occupancy of 60% in the first quarter. That was 4.5% points below its 2019 level.

May 1, 2023 • Hospitality

Travel demand recovery may hit inflation wall soon - The pent-up travel demand may run out of steam in the second half of 2023 as rising risks of a recession threaten consumer spending.

Apr 27, 2023 • Hospitality

Analysts say hotel fundamentals strong - Investors realize they were too negative when fundamentals are still fine.

Apr 26, 2023 • Hospitality

A traveler’s guide to tipping in a changed world - In the age of tip fatigue, many are bewildered by how much to tip in hotels and restaurants and on guided tours.

Apr 26, 2023 • Hospitality

STR: March U.S. hotel rates rise, but occupancy dips - For the fifth consecutive month, STR reported “continued improvement in business travel and groups” among its top 25 markets in March.

Apr 21, 2023 • Hospitality