Slowdown in travel spending just a blip? - Marriott is watching to see if higher-end consumers continue to pull back on travel spending in the third quarter.
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Travel price growth slows amid cooling inflation - According to the U.S. Travel Association's Travel Price Index, lodging prices rose 2% in August from the previous month.
Sep 17, 2024 • Hospitality
OTAs face headwinds from a slowdown in travel - Booking.com and Expedia are experience slowing travel growth as cash-strapped consumers become more cost-conscious and seek "value play" vacations.
Sep 13, 2024 • Hospitality
U.S. RevPAR to increase by 1.4% in 2024 - Lodging Analytics Research & Consulting expects U.S. hotel RevPAR to grow 1.4% to $99.56 in 2024, driven by a 1.8% increase in ADR to $158.65 and occupancy declining slightly by 0.3% to 62.8%.
Sep 4, 2024 • Hospitality
Global hotel rates starting to rise ‘more moderately’ - Hotel prices in key global business travel cities are now rising at a "more moderate rate" than in the past two years, according to the latest data from HotelHub.
Sep 3, 2024 • Hospitality
Hotels top choice for travelers in Europe - A 2024 survey by Booking.com found that hotels are the most popular choice of accommodation for vacationers from Europe's leading economies.
Aug 26, 2024 • Hospitality
U.S. hotel performance for July 2024 - The U.S. hotel industry reported mostly flat performance comparisons year over year, according to July 2024 STR data.
Aug 22, 2024 • Hospitality
Paris as hotels see post-Olympics boost in bookings - The French capital's summer got off to a slow start as tourists avoided the city early on, fearing overcrowding and high prices during the Olympics.
Aug 20, 2024 • Hospitality
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