STR, TE revise forecast with lower 2022 growth projected
PROJECTIONS FOR THE recovery of U.S. hotels from the COVID-19 pandemic remain basically the same in the latest forecast from STR and Tourism Economics....
STR: U.S. hotel performance dips in first week of April
A SLIGHT DROP was witnessed in U.S. hotel performance in the first week of April from the week before due to a continuing slump...
Survey: Service top priority for global travelers
ABOUT 78 PERCENT of global travelers place high quality service above all else when booking a hotel, according to a global survey by IHG...
Survey finds 85 percent travelers have safety concerns
THE CORONAVIRUS EMERGING out of China has had an effect on international travel, but it is only one of many safety concerns by travelers...
STR: RevPAR forecast to stay flat in 2020
REVPAR IS EXPECTED to remain flat this year and next, according to the forecast for 2020 and 2021 released Tuesday by STR at the...
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...
HVS: Lodging tax revenue may drop $6.1 billion in some U.S markets
THE COVID-19 PANDEMIC’S impact on the U.S. hotel industry could lead to a multi-billion dollar loss of lodging tax revenue, according to hospitality consulting...
STR: U.S. hotel performance bounces back in the third week of July
U.S. HOTEL PERFORMANCE bounced back in the third week of July after two consecutive weeks of lower demand due to the Independence Day holiday,...
Extended-stay hotels end first quarter better than most
THE FIRST QUARTER of 2020 was not good for most in the U.S. hotel industry, but it was less bad for extended-stay hotels, according...
CBRE revises forecast for second quarter, predicts growth in 2023
CBRE HOTELS RESEARCH has once again revised its forecast for the second half of 2022. The revision is mainly due to strong gains in...
