About 54.3 million Americans traveling for Thanksgiving 2018
THE GOOD TIMES are getting Americans rolling this Thanksgiving, according to AAA. About 54.3 million people are expected to travel more than 50 miles...
Hotel stock index dropped 11.5 percent in October
OCTOBER SAW ANOTHER drop in the Baird/STR Hotel Stock Index, down 11.5 percent, as the U.S. hotel industry continued to see slowing in its...
U.S. hotel construction pipeline hits 3Q high, reports Lodging Econometrics
THE U.S. HOTEL construction pipeline increased by 7 percent in the third quarter of this year, when compared to the same quarter a year...
Marriott, Hilton, IHG dominate global pipeline, reports Lodging Econometrics
IN THE COMPETITION to dominate the global hotel industry, the development pipelines of Marriott International Inc. and Hilton Worldwide Holdings Inc. are running nearly...
Index: U.S. travel industry grew in September, but …
SEPTEMBER WAS ANOTHER good month for travel to and within the U.S., according to the U.S. Travel Association's latest travel index. However, USTA experts...
U.S. hotels see rise in profits in September
GROSS OPERATING PROFITS per available room for U.S. hotels in September was more than $20 above the rate recorded in August, according to online...
Hotels to collect record amounts of fees, expert says
EXTRA FEES, THE source of highly vocal complaints by many airline travelers, are expected to bring in record amounts of revenue for U.S. hotels...
Business travelers favor loyalty programs, personalized experiences
WHEN IT COMES to choosing a hotel, it’s all about loyalty with business travelers, according to a study by the Global Business Travel Association...
Long Beach approves ‘panic button’ ordinance
IN A CONTENTIOUS meeting, the Long Beach, California, city council on Oct. 23 took the first step toward passing a law that would require...
Report: Hotels failed to meet budgeted goals in 2017
FOR THE SECOND year in a row, hotel owners and operators in the U.S. failed to meet their budgeted operating goals in 2017, according...
