Hoteliers hold steady as industry normalizes - With the U.S. hotel industry still making steady progress in its recovery, hoteliers at the first day of the Americas Lodging Investment Summit were in good spirits.
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U.S. hotel construction pipeline reaches record high project counts - The upper midscale segment had the highest project count of all chain scales in the total U.S. construction pipeline at the Q4 close.
Jan 24, 2024 • Hospitality
STR maintains U.S. hotel forecast 2024 projections - For 2024, growth in ADR was raised by 0.1 percentage points, while occupancy and RevPAR were unchanged from the previous forecast.
Jan 23, 2024 • Hospitality
U.S. hotels posted record-high ADR and RevPAR in 2023 - The U.S. hotel industry posted its highest average daily rate and revenue per available room on record in 2023, according to STR.
Jan 22, 2024 • Hospitality
European hospitality sector outlook 2024 - Leisure has been the primary leader of the recovery and investors will continue to hunt for opportunities in this sector, especially with a value-add angle.
Jan 11, 2024 • Hospitality
Hotel group bookings, revenue ramp up in 2024 - Group demand is coming back at a stronger clip in 2024, and for some hotel companies it's shaping up to be a landmark year.
Jan 4, 2024 • Hospitality
Paris hotels triple prices for Olympics opening night - Rates are now more than 1,000 euros on average for the opening night of the 2024 Olympic games, according to a new study.
Jan 4, 2024 • Hospitality
2023 is the new baseline for hospitality benchmarking - U.S. hoteliers project an overall sense of normalization across the board in 2024, but it's hard to say which trends will permanently result in a new normal.
Jan 3, 2024 • Hospitality
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