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...
STR: U.S. hotel occupancy up 5.9 percent week before Christmas
THE WEEK BEFORE Christmas 2019 brought tidings of higher occupancy, ADR and RevPAR for U.S. hotels, according to STR.Occupancy increased 5.9 percent to 50.1...
CBRE: Luxury hotels promise high profits, but at higher cost
LUXURY HOTELS REMAIN a popular choice for developers, but they also are likely to feel the impact of the forecasted economic downturn before other...
STR: U.S. hotel occupancy up 0.3 percent in November
NOVEMBER BROUGHT INCREASES in occupancy, RevPAR and ADR for the U.S hotel industry, according to STR. This follows declines during the previous months, which...
Digital experience important for 81 percent of young travelers
YOUNG TRAVELERS IN the U.S. are influenced by the digital experience of the hotel and airline brands they choose, according to Travelport’s Global Data...
