U.S. Hotels State of the Union October 2023 Edition - A pictorial update on CBRE's latest thoughts and the facts and figures influencing the industry.
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Olympics triples hotel prices in Paris - According to Google, travelers visiting Paris during the Olympics can expect to pay an average of $685 per night for a three-star hotel.
Oct 11, 2023 • Hospitality
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
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