Luxury hotel demand grows - North American travelers in particular have flocked to traditional European luxury destinations since the end of the pandemic.
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Corporate travel market demand continues to grow - Business travel with airlines is seeing unprecedented load factors and a renewed surge in passenger demand.
Dec 6, 2024 • Hospitality
Travel industry must target Gen Xers as Baby Boomer boom fades - High-spending Gen Xers (40-60) are poised to replace Baby Boomers (60-80) as the top market for luxury travel.
Nov 26, 2024 • Hospitality
U.S. October hotel rates, occupancy rise - U.S. hotels saw year-over-year increases in average daily rates, occupancy, and revenue per available room in October, according to STR.
Nov 26, 2024 • Hospitality
2025 hotel demand growth 'muted,' says PwC - Business travel demand at U.S. hotels should increase year-over-year in 2025, but overall demand growth will be "muted" due to softening leisure travel.
Nov 22, 2024 • Hospitality
STR lowers US lodging forecast for this year and next - The Trump administration's looser fiscal policy could provide a temporary boost to the economy, but tariffs and immigration policies could slow growth later.
Nov 21, 2024 • Hospitality
Luxury brands lose ground with younger audience - Luxury market growth is flattening out, according to the latest findings from global consulting firm Bain & Company.
Nov 19, 2024 • Hospitality
Airbnb urges Barcelona to reconsider crackdown on tourism rentals - The only winner from Barcelona's war on short-term rentals is the hotel industry, Airbnb claims.
Nov 19, 2024 • Hospitality
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