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...
CBRE: Spa revenue surpassed room and total operating revenues in 2018
U.S. HOTELS HAVE reported a higher spa revenue than room revenue and total operating revenue, according to CBRE Trends in the Hotel Spa Industry....
Report: Independent boutiques maintaining growth
AS REVPAR GROWTH continues to slow for U.S. hotels, independent boutique hotels continue to hold steady, according to a report from The Highland Group....
Trepp releases list of 30 CMBS loans containing hotels
THE TREPP RESEARCH firm has created a list of the 30 commercial mortgage backed securities conduit loan packages with the highest percentage of hotel...
Study: Hoteliers employ cost-cutting strategies to recover from COVID-19
THE SOCIAL AND economic fallout from the COVID-19 pandemic has very badly affected the travel and hospitality industries. A new study reveals that hoteliers...
HAMA survey predicts RevPAR declines of 50 to 75 percent
MOST HOTEL ASSET managers are expecting continuing declines in RevPAR for U.S. hotels until 2023, many between 50 to 75 percent, according to a...
Hersha Hospitality will return its PPP loan money
HERSHA HOSPITALITY TRUST is taking several steps to reduce its financial burden and keep most of its 48 hotels open, though it still had...
Report: Extended-stay hotels on top in first half of 2020
EXTENDED-STAY HOTELS in the U.S. have seen their steepest declines ever in occupancy and other performance metrics since the COVID-19 pandemic shut down the...
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...
HotStats: Hotels register strong performance in the first quarter
THE PERFORMANCE OF U.S. hotels ended strong in the first quarter with March profit surging across most global regions, according to HotStats. The research...
