US hoteliers optimistic about second half of 2023 - Even though a possible recession looms, industry performance indicates that U.S. hoteliers are right to feel optimistic about the future.
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High hotel rates are the new normal, haven't peaked - Increasing corporate demand and blended leisure and business volume have emboldened hotel companies to name their price.
Jun 12, 2023 • Hospitality
Resilience of travel popular subject at NYU Hospitality Conference - Traveler behavior changes, as it has in the past, but the industry has been changing to keep pace with these new demand patterns.
Jun 8, 2023 • Hospitality
Major hotel chain abandons San Francisco - Park Hotels & Resorts is pulling out of two hotels, saying it lacks confidence in the city's ability to overcome "major challenges".
Jun 8, 2023 • Hospitality
Hotel rates may keep rising - Hotel room rates in the U.S. and Europe are rising and may get even more expensive as supply has failed to keep up with demand.
Jun 8, 2023 • Hospitality
Hotel CEOs loving limited rooms and high prices - Many travelers complain about today’s hotel prices. For the last six months, prices in Paris are 50% and in London 30% above 2019 levels.
Jun 7, 2023 • Hospitality
STR lifts U.S. ADR and RevPAR forecast - While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.
Jun 6, 2023 • Hospitality
European hotels benefiting from high leisure rates, more international travelers - Hotel performance across Europe got off to a shaky start in 2023 but has turned around in recent weeks.
Jun 2, 2023 • Hospitality
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