Industry News
RLJ Holding’s Hale headlining Bharat Shah series at Hunter Conference
LESLIE HALE, PRESIDENT and CEO of RLJ Lodging Trust, will join Mit Shah, CEO of Noble Investment Group, for the 10th Annual Bharat Shah...
CoStar: Group demand across key markets uplifts U.S. hotel revenue in October
U.S. HOTEL REVENUE and profitability saw a rise in October, propelled by increased group demand across the top 25 markets, according to CoStar’s October...
TRENDS & ISSUES
CoStar: Group demand across key markets uplifts U.S. hotel revenue in October
U.S. HOTEL REVENUE and profitability saw a rise in October, propelled by increased group demand across the top 25 markets, according to CoStar’s October...
Report: Extended-stay hotels outperform broader hotel industry in October
EXTENDED-STAY HOTELS OUTPEFORMED the broader hotel industry across all performance metrics in October, marking a notably strong month for the sector, according to The...
CoStar: Thanksgiving holiday dims U.S. hotel performance in fourth week of November
U.S. HOTEL PERFORMANCE witnessed an expected decline in the fourth week of November from the previous week, attributed to the Thanksgiving holiday, according to...
CoStar: U.S. hotel performance varied in third week of November
U.S. HOTEL PERFORMANCE exhibited mixed year-over-year comparisons in the third week of November, according to CoStar. Moreover, both occupancy and RevPAR declined compared to...
STR and TE upgrade U.S. ADR, RevPAR forecast for 2023
STR AND TOURISM ECONOMICS have increased year-over-year growth projections for ADR and RevPAR in the final revision of the U.S. hotel forecast for 2023....
PwC: Economy, politics to influence U.S. hotel performance in 2024
ECONOMIC HEADWINDS AND geopolitical concerns are expected to affect U.S. hotel performance in 2024, according to PwC. The issues include continuing high interest rates...