Group travel, international visitors to bolster US hotels in 2024 - CBRE predicts economic headwinds nationwide but also noted that urban hotels in markets like Los Angeles and New York City could see boosts.

Jan 3, 2024 • Hospitality

Rate growth lifts November US hotel performance - New York City experienced the highest occupancy level with 84.0%, which was up 6.3% year over year.

Dec 21, 2023 • Hospitality

US hotel profits grow despite dip in demand - Revenue from hotel food and beverage operations helped to drive U.S. hotel profitability in October.

Dec 18, 2023 • Hospitality

Gen Z is transforming hospitality - The first generation born with streaming, internet access, immediate information whenever they want – all through their smartphones.

Dec 14, 2023 • Hospitality

US hotel performance expected to improve - While the U.S. economy is expected to slow next year, the hotel industry continues to recover and grow.

Dec 14, 2023 • Hospitality

Heightened group demand drives hotel profits - New York City and Dallas, cities experiencing a resurgence in group travel, led U.S. hotel markets in gross operating profit and total RevPAR in October.

Dec 11, 2023 • Hospitality

How Taylor Swift is changing travel - The megastar not only had a transformative effect on the music and entertainment industries, but also drastically shaped the world of travel.

Nov 28, 2023 • Hospitality

In Europe, most new hotel openings happen via conversions - Major hotel firms that bought or merged before the pandemic are in a good place to capitalize on fresher brands.

Nov 24, 2023 • Hospitality