Industry News

Marriott building tallest modular constructed hotel

MARRIOTT INTERNATIONAL IS taking modular building to the next level. The company has announced plans to build the tallest hotel constructed using the building...

AAHOA now offers members an online property management system

HOTEL MANAGEMENT IS a complex business in which decision making requires convoluted equations. Branded properties have had access to property management software that makes...

TRENDS & ISSUES

STR: U.S. hotels under perform in 2019’s first quarter

U.S. HOTELS SAW little growth in business during March, the least amount of growth since the recession, in fact, according to STR. Results for...

BTS: U.S. airlines carried estimated 74.9 million passengers in March

AN ESTIMATED 74.9 million passengers used U.S. airlines for domestic and international trips in March, according to the Bureau of Transportation Statistics. Domestic flights...

Report: $1 billion investment in waterparks expected for 2019

SUMMER IS AROUND the corner and the waterparks will soon be springing up like flowers of profit, according to projections by Hotel & Leisure...

Brand USA brought 1.13 million international visitors to the U.S. in 2018

THE DESTINATION MARKETING organization Brand USA brought 1.13 million more incremental visitors to the U.S. in fiscal year 2018, according the organization’s most recent...

U.S. hotels see hikes in occupancy, ADR and RevPAR

U.S. hotels reported positive performance results during the last week of March, according to STR. The fact that Easter fell in the same time...

Hotel stock index dropped 0.9 percent in March

THE BAIRD/STR Hotel Stock Index fell 0.9 percent in March to 4,642. The drop comes a month after a 6.8 percent increase in February. The...
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