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....
Red Roof pipeline grew 20 percent in 2019
RED ROOF SAW 20 percent growth in it's new construction pipeline across its system in 2019. The company expects to have more 60,000 rooms...
STR: U.S. hotel pipeline grew 6.8 percent in January
THE U.S. HOTEL construction pipeline grew again in January, according to STR. The growth is uneven, however, with more happening in certain markets and...
Miami hotels set Super Bowl weekend records
MIAMI HOTELS SET records for ADR and RevPAR over the recent Super Bowl weekend, according to STR. The timing of the game was one...
Report: Coronavirus will impact visits to U.S. from China
AS THE NOVEL coronavirus spreads out of China, affecting travel to and from the U.S., a report from HVS seeks to understand the ramifications...
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...
Baird/STR Hotel Stock Index dropped 7.7 percent in January
THE BAIRD/STR Hotel Stock Index dropped significantly in January, 7.7 percent to 4,863, mainly due to the increasing coronavirus fears. The drop comes after...
Castell Project report finds more women in leadership positions
WOMEN ARE MAKING progress in the U.S. hospitality industry, according to the Castell Project’s third annual Women in Hospitality Industry Leadership report. More women...
HotStats: U.S. hotels wrap up 2019 with 5.3 percent RevPAR increase
U.S. HOTELIERS WRAPPED up 2019 with a strong performance in revenue and profits, according to HotStats. However, they may want to focus on increasing...
CBRE: Short-term rentals affecting hotel valuations
THE SHORT-TERM rentals market, including online stay-share giant Airbnb, has grown to a point it is affecting the valuation of traditional hotels, according to...
