Hotel investors expect more deal opportunities this year - The higher cost of capital has slowed the pace of U.S. hotel deals over the past year, but new factors coming into play soon could spur more activity.
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2023 was a big year for the hotel industry - For a lot of hotels 2023 was a big recovery year, but it is possible that the post-lockdown travel and lodging boom has peaked.
Feb 21, 2024 • Hospitality
Choice reports $1.5B in revenues for 2023 - The company promoted it’s proposed acquisition of Wyndham Hotels & Resorts during its earnings call with investors.
Feb 21, 2024 • Hospitality
U.S. hotel performance for January 2024 - The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.
Feb 21, 2024 • Hospitality
European hotel openings set to accelerate - Europe is expected to see the opening of around 350 new hotels in 2024 as the continent’s pipeline of new properties continues to grow.
Feb 21, 2024 • Hospitality
Rome’s five-star hotel boom - High-end tourism is back in Italian capital but there are concerns over how ‘incredible rebirth’ is being managed.
Feb 20, 2024 • Hospitality
Hilton reports remarkable growth in 2023 - The company expressed optimism for 2024, projecting a system-wide RevPAR increase between 2.0% and 4.0%.
Feb 16, 2024 • Hospitality
Hospitality industry hit hardest by US labor shortage - According to data recently released by the U.S. Chamber of Commerce, the leisure/hospitality industry in the United States has been hit hardest by the country’s current labor shortage.
Feb 16, 2024 • Hospitality