Industry News
Peachtree is Hilton’s 2023 Focused Developer of the Year
PEACHTREE GROUP IS the 2023 Developer of the Year in the Focused Service category by Hilton Americas Development Awards. The yearly awards recognize the...
Hilton’s net income at $268 million in first quarter of 2024
HILTON WORLDWIDE HOLDINGS posted a net income of $268 million in the first quarter of 2024. System-wide comparable RevPAR rose by 2 percent on...
TRENDS & ISSUES
CoStar: Eclipse boosts U.S. hotel performance in second week of April
U.S. HOTEL PERFORMANCE saw an uptick in the second week of April compared to the previous week, driven by the total solar eclipse, according...
CoStar: U.S. hotel performance mixed in first week of April, positive YOY
U.S. hotel performance showed mixed results in the first week of April compared to the previous week, yet displayed positive year-over-year comparisons, according to...
CoStar: U.S. hotel performance dips as anticipated before Easter holiday
U.S. HOTEL PERFORMANCE dipped in the final week of April, as anticipated leading up to the Easter holiday, according to CoStar. Key metrics including...
CoStar: U.S. hotel performance dips in fourth week of March despite YOY gains
U.S. HOTEL PERFORMANCE dipped in the fourth week of March compared to the previous week but showed positive year-over-year comparisons, according to CoStar. Across...
CoStar: U.S. hotel performance up in third week of March despite YOY declines
U.S. HOTEL PERFORMANCE saw an uptick in the third week of March compared to the previous week, although year-over-year figures continued to decline, according...
CoStar: U.S. hotel performance improves in February
THE U.S. HOTEL industry experienced improved performance in February compared to the previous year, according to CoStar. Despite a slight decrease in occupancy, both...
