Industry News
Cendyn: Las Vegas M&E grows 34.2 percent in September
LAS VEGAS LED the top 25 markets in meetings and events growth for September, with a 34.2 percent year-over-year increase, according to Cendyn’s Sales...
Former Hersha Hotels chief Shah joins Braemar Hotels board
Jay Shah, former executive chairman of Hersha Hotels & Resorts, recently joined the board of Braemar Hotels & Resorts as an independent director. He...
TRENDS & ISSUES
CoStar: Rosh Hashanah weakens hotel performance in early October
U.S. HOTEL PERFORMANCE declined in the first week of October compared to the previous week due to Rosh Hashanah, according to CoStar. Year-over-year comparisons...
U.S. hotels’ weekly performance mixed, YOY up in fourth week of September
U.S. HOTEL PERFORMANCE remained mixed in the fourth week of September compared to the prior week, according to CoStar. However, the industry reported positive...
CoStar: U.S. hotel performance improved in third week of September
U.S. HOTEL PERFORMANCE improved in the third week of September compared to the previous week, with year-over-year results also remaining positive, according to CoStar....
U.S. hotels’ performance up week of Sept. 14, YOY results down
U.S. HOTEL PERFORMANCE improved in the second week of September compared to the previous week, but year-over-year results remained negative, according to CoStar. Key...
CoStar: U.S. hotel performance declines in early September
U.S. HOTEL PERFORMANCE dropped in the first week of September compared to the previous week, according to CoStar. Key metrics such as occupancy, RevPAR...
CoStar: U.S. hotels see YOY gains in late August
U.S. HOTEL PERFORMANCE saw year-over-year gains in late August, though occupancy, RevPAR and ADR declined from the previous week, according to CoStar. Tampa led...
