Hotel rates in NYC likely to go up - Many Airbnb users with bookings in New York City this Christmas are scrambling to find new accommodations.

Sep 19, 2023 • Hospitality

Price-Sensitive consumers 'trade down' on hotels - There are indications that leisure travelers are starting to cut back on their vacation expenditures due to the surge in hotel rates.

Sep 12, 2023 • Hospitality

Luxury hotels dominate hotel construction pipeline - In the second quarter, the global hotel construction pipeline witnessed a dominant presence of luxury and upscale hotels.

Aug 31, 2023 • Hospitality

Italy: Europe’s trending travel destination - How Italy’s hotel sector is thriving in bookings and room rates and how online trends set up a summer to remember for Italian hoteliers.

Aug 29, 2023 • Hospitality

Boutique hotel occupancy outpaces all U.S. hotels - Interest in the development of the boutique hotel product is justified by continued solid performance.

Aug 28, 2023 • Hospitality

Group business travel drives strong hotel REIT performance in Q2 2023 - Business transient demand also improved 6% to the second quarter of 2022, while rates were up 10%, according to S&P Global Market Intelligence.

Aug 28, 2023 • Hospitality

Hoteliers strategize to address downward pressure - Some are leaning on maintaining rates while others choose a more aggressive pricing strategy or focus on generating an optimal mix of business.

Aug 23, 2023 • Hospitality

Leisure travelers becoming more price sensitive - As hotels increased their rates, they increased the expectations guests have for their stays.

Aug 22, 2023 • Hospitality