Amex GBT projects higher 2024 hotel rates, occupancy - The company used its internal data coupled with International Monetary Fund's inflation forecasts to forecast hotel rate movement in more than 80 cities.

Oct 6, 2023 • Hospitality

Hotels go after long-stay guests - The future of lodging will more likely involve rising fights as hotels and short-term rental providers go after the same travelers.

Oct 4, 2023 • Hospitality

Double digit growth in global hospitality industry for Q4, with Europe leading the way - 2023 global hotel occupancy levels are trending 10% ahead of 2022 with Q4 on-the-books reservations up 11% over last year, according to Amadeus data.

Oct 3, 2023 • Hospitality

Marriott projects upbeat RevPAR growth as travel demand stays strong - Marriott forecast two-year annualized global RevPAR growth of 3% to 6% by 2025, as the company expects resilient international travel demand.

Oct 3, 2023 • Hospitality

OTA's continue to grow in Q2 2023 - Platform tourism continues to exceed pre-pandemic levels in Europe, setting new monthly record values.

Oct 2, 2023 • Hospitality

US hotel loan defaults could rise on falling leisure stays, climbing costs - As the surge in travel after the pandemic wears off, demand is shifting away from pricey leisure stays and towards lower-rated group business travel.

Sep 22, 2023 • Hospitality

U.S. hotel performance for August 2023 - Following seasonal patterns, the U.S. hotel industry reported lower performance results from the previous month but improved comparisons year over year.

Sep 20, 2023 • Hospitality

NYC Airbnb listings drop by 77% - The city's powerful hotel sector, which has consistently opposed Airbnb's ascent, stands to gain significantly from this new regulation.

Sep 19, 2023 • Hospitality