Skip to content

Search

Latest Stories

Report: U.S. hospitality health at four-quarter high in Q4

Tampa, Houston and Miami topped the city rankings

U.S. hospitality index Q4 2024: Top cities leading hotel growth trends
U.S. hospitality businesses recorded a 108.2 percent year-over-year health metric in the fourth quarter of 2024, a four-quarter high, according to Cendyn and Amadeus.

U.S. hospitality index Q4 2024: Top cities driving hotel growth

U.S. HOSPITALITY BUSINESSES reported a 108.2 percent year-over-year health metric for the fourth quarter of 2024, the highest in four quarters, according to the Hospitality Group and Business Performance Index by Cendyn and Amadeus. Tampa, Houston, and Miami led the top 10 cities in rankings.

The index combines event data from Cendyn’s Sales Intelligence platform, formerly Knowland, with hotel booking data from Amadeus’ Demand360, covering group, corporate negotiated, global distribution system, and events performance, the companies said in a joint statement.


Top 10 cities by index:

  • Tampa – 121.4 percent
  • Houston – 120.6 percent
  • Miami – 116.8 percent
  • New York City – 112.0 percent
  • Chicago – 111.6 percent
  • Phoenix – 110.4 percent
  • Detroit – 109.8 percent
  • Louis – 109.6 percent
  • San Diego – 109.6 percent
  • New Orleans – 108.3 percent

Top growth markets for group performance were Houston at 124.0 percent, Tampa at 119.8 percent, New Orleans at 114.1 percent, Chicago at 114.0 percent and Detroit at 113.8 percent.

Key insights from the index:

  • Overall health index: The aggregated index for group, corporate negotiated, global distribution system, and events reached 108.2 percent in the fourth quarter of 2024, the highest in four quarters and the third consecutive quarter above 100 percent.
  • Group performance: The Group Index reached 101.0 percent, with a 0.7 percent decline in room nights and a 1.7 percent increase in average daily rate, marking nine consecutive quarters of growth.
  • Indirect channels: Global distribution system grew to 112.3 percent, driven by a 9.8 percent increase in room nights and a 2.3 percent rise in average daily rate.
  • Negotiated performance: The Negotiated Index reached 104.2 percent, with a 0.6 percent drop in room nights and a 4.8 percent rise in average daily rate.
  • Events performance: Events led all segments in the fourth quarter, with volume reaching 115.2 percent of the same period last year.
  • Meetings: Hotels saw growth in the fourth quarter driven by meetings and events. Average attendance remained at 127 guests, while average space used shifted slightly from 3,766 to 3,410 square feet.

In November, Cendyn and Amadeus reported that U.S. hospitality businesses saw a year-over-year health metric of 107.9 percent in the third quarter, the highest in four quarters.

More for you

Palette Hotels to Transform DoubleTree by Hilton in Washington, PA

Palette to manage Washington, PA, DoubleTree

Palette’s Expertise in Hospitality Management

SUNRISE GOLD HOSPITALITY recently selected Palette Hotels to manage its 140-room DoubleTree by Hilton Washington Meadow Lands Casino Area in Washington, Pennsylvania. Palette will oversee renovations, including Hilton Connected Rooms technology upgrades, new signage, landscaping, building systems and updates to the lobby, guestrooms, bathrooms, meeting spaces, restaurant, bar and lounge.

Sunrise Gold Hospitality is led by owner Ramesh Pandya, and Palette Hotels by Founder and CEO Richard Lou.

Keep ReadingShow less