Industry News
Kamah Hotels, Wyndham ink $70 million deal to develop resorts in UAE and India
INDIA’S KAMAH HOTELS & Resorts recently signed a $70 million agreement with Wyndham Hotels & Resorts to develop four new hotels—three in India and...
CBRE: U.S. RevPAR to rise 1.2 percent in 2024, 2 percent in H2
U.S. REVPAR IS expected to grow by 1.2 percent this year, down from the previously forecasted 2 percent, according to CBRE. Despite lower full-year...
TRENDS & ISSUES
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...
CoStar: U.S. hotel YOY metrics grew in August’s fourth week
U.S. HOTEL PERFORMANCE reported positive year-over-year comparisons for the fourth week of August, according to CoStar. However, key metrics, including occupancy, RevPAR, and ADR,...
