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.
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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
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
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