Industry News
Actabl unveils products to boost hotel efficiency, profitability
HOSPITALITY SOFTWARE FIRM Actabl recently introduced new bundled offerings designed to address hotels’ operational efficiency, profitability and workflow management. The bundles include features from...
Wyndham’s net income, pipeline growth reflect recovery following failed Choice bid
WYNDHAM HOTELS & RESORTS is quietly bouncing back after Choice Hotels International's failed takeover bid. The company reported a net income of $86 million...
TRENDS & ISSUES
CoStar: U.S. hotel RevPAR hits record high in third week of July
U.S. REVPAR LEVELS hit a record high in the third week of July despite Hurricane Beryl's effects on the top 25 markets, according to...
CoStar: U.S. hotel performance rises in second week of July
CoStar hotel performance update
THE U.S. HOTEL industry reported higher performance in the second week of July compared to the previous week, but lower year-over-year...
CoStar: U.S. hotel construction at highest level since February 2023
U.S. hotel construction trends
THE NUMBER OF U.S. hotel rooms under construction in June reached its highest level in 16 months, according to CoStar. The...
CoStar: Independence Day week drags down U.S. hotel performance
U.S. HOTEL PERFORMANCE dropped in the first week of July compared to the previous week due to Independence Day on July 4, according to...
CoStar: U.S. hotel performance improves in last week of June
Costar Hotel Report :
U.S. HOTEL PERFORMANCE improved in the fourth week of June compared to the previous week, showing positive year-over-year results, according to...
CoStar: U.S. hotel performance declined in mid-June with mixed YOY results
U.S. HOTEL PERFORMANCE declined in the third week of June compared to the previous week, with mixed year-over-year results, according to CoStar. Key metrics...
