Travel industry must target Gen Xers as Baby Boomer boom fades - High-spending Gen Xers (40-60) are poised to replace Baby Boomers (60-80) as the top market for luxury travel.

Nov 26, 2024 • Hospitality

2025 hotel demand growth 'muted,' says PwC - Business travel demand at U.S. hotels should increase year-over-year in 2025, but overall demand growth will be "muted" due to softening leisure travel.

Nov 22, 2024 • Hospitality

STR lowers US lodging forecast for this year and next - The Trump administration's looser fiscal policy could provide a temporary boost to the economy, but tariffs and immigration policies could slow growth later.

Nov 21, 2024 • Hospitality

Luxury brands lose ground with younger audience - Luxury market growth is flattening out, according to the latest findings from global consulting firm Bain & Company.

Nov 19, 2024 • Hospitality

Airbnb urges Barcelona to reconsider crackdown on tourism rentals - The only winner from Barcelona's war on short-term rentals is the hotel industry, Airbnb claims.

Nov 19, 2024 • Hospitality

CBRE cuts 2024 hotel forecast, but sees recovery ahead - CBRE Hotels Research has again lowered its 2024 growth forecasts for U.S. ADR, occupancy and RevPAR.

Nov 15, 2024 • Hospitality

Q3 strongest quarter for group business this year - The Cendyn and Amadeus Hospitality Index hit a four-quarter high, driven by growth in room nights and ADR.

Nov 15, 2024 • Hospitality

Americans are most likely to book hotels direct - By contrast, travelers from Indonesia and China are the least likely to book their hotel stay directly, according to a new report.

Nov 14, 2024 • Hospitality