Miami forecast to set records during Super Bowl LIV

MIAMI WILL HOST Super Bowl LIV, and like other Super Bowl host cities the event will be a boon to local hotels. The ADR...

Hotstats: Hotel profits dropped 2.8 percent in October

AFTER TWO CONSECUTIVE months of gain, U.S. hotel profits were on the slide in October, according to HotStats. Decreasing rooms and F&B revenue and...

Historic hotels set to see above average performance over coming two years

HISTORIC HOTELS REGISTERED with Historic Hotels of America have an advantage in a slowing lodging market, according to an article from CBRE Hotels Research....

STR: U.S. hotel occupancy up 17.7 percent in November’s third week

THE THIRD WEEK of November brought increases in occupancy, RevPAR and ADR, according to STR. The news comes after the previous month saw declines...

CBRE: Government per diem rate change has little effect

BUSINESS FROM FEDERAL government employees on a per diem rate can be a small but steady source of revenue for hotels, particularly during economic...

STR: U.S. hotel occupancy down 0.8 percent in October

October brought declines in occupancy, RevPAR and ADR for the U.S. hotel industry, according to STR. That follows similar declines in RevPAR and occupancy...

CBRE: Growth slowing but industry still strong through 2022

The U.S. hotel industry will continue to see slower growth over the next two years but will remain relatively strong, according to CBRE Hotels...

STR forecasts RevPAR growth to fall under 1 percent

STR ONCE AGAIN lowered its U.S. hotel performance forecast for the next two years and now predicts RevPAR growth for 2019 and 2020 to...

AAA: 55 million to travel for Thanksgiving

ANY TALK OF an economic slowdown is apparently muted as consumer confidence remains high enough to drive a near-record setting Thanksgiving travel season this...

STR: U.S. hotel construction grew 5.5 percent in October

THE NUMBER OF hotel rooms in the final phase of the U.S. development pipeline rose 5.5 percent in October over the same time last...