Industry News

Labor Department approves new joint-employer status rules

THE U.S. DEPARTMENT of Labor has updated the Fair Labor Standards Act to clarify the definition of joint-employer status. It is the first major...

Castell Project accepting nominations for expanded leadership programs

THE CHANGING NEEDS of female professionals in the hospitality industry have led the non-profit Castell Project to expand the leadership programs it offers those...

TRENDS & ISSUES

Report: Spas contribute substantially to U.S. hotel revenues

SPAS HAVE BECOME major revenue contributors for U.S. upper-upscale and luxury hotels, according to the HVS 2019 performance report on spa departments. The report’s...

STR: U.S. hotels see 4 percent RevPAR increase in New Year week

THE NEW YEAR started on a positive note for U.S. hotels, according to STR.RevPAR went up 4 percent to $136.46 during the week of...

Hotstats: U.S. hotels see GOPPAR rise of 6.1 percent in November

AFTER A NEGATIVE profit turn in October, U.S hotels saw robust growth with a GOPPAR increase of 6.1 percent in November over last year,...

Hotel stock index closes 2019 up 29.5 percent

AS 2019 CAME to an end, the Baird/STR Hotel Stock Index jumped 6.1 percent to 5,270, leading to a total 29.5 percent increase in...

HVS: Hospitality growth in 2020 stable, but caution is urged

THE U.S. HOSPITALITY industry is likely to continue hitting its peak through 2020, though some economic uncertainty remains, according to a report from lodging...

USTA: International visits to U.S. forecast to be down 1 percent from last year

INTERNATIONAL TRAVEL TO the U.S. for 2019 is expected to have shrunk by 1 percent from the previous year, according to U.S. Travel Association’s...
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