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...
CoStar: U.S. hotel performance surges in second week of November
U.S. HOTEL PEFORMANCE saw a boost in the second week of November compared to the previous week, according to CoStar. Year-over-year comparisons also revealed...
HotStats: Competitive benchmarking enhances performance in uncertain times
BENCHMARKING AGAINST COMPETITORS is the first step for hotels to grasp the competitive landscape during budget planning, according to a blog from HotStats. The...
CBRE: RevPAR rebound expected in 2024 after summer deceleration
U.S. HOTELS REVPAR growth is likely to recover in 2024, as inbound international travel further improves and sector-specific headwinds moderate, according to CBRE. CBRE’s...
CBRE: U.S. hotel demand declines slightly in Q3
U.S. HOTEL DEMAND declined by 0.5 percent year over year in the third quarter of 2023, according to CBRE. Simultaneously, there was a matching...
Baird/STR Index declines by 2.4 percent in October
THE BAIRD/STR HOTEL Stock Index dropped 2.4 percent to 5,600, influenced by increasing interest rates affecting both real estate stocks and investor sentiment, according...
CoStar: Corporate, group demand boosted U.S. hotel profitability in September
U.S. HOTEL PROFITABILITY rose in September, driven by increased corporate demand and group bookings, according to STR's May 2023 Profit & Loss data. Meanwhile,...
Halloween hits U.S. hotel performance in early November
U.S. HOTEL PERFORMANCE showed a decline in early November compared to the previous week, according to CoStar. Year-over-year comparisons also presented mixed results, with...