STR: May U.S. hotel rates rise, occupancy slips again - RevPAR and ADR for U.S. hotels in May increased year over year, while occupancy slipped slightly.
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European chain hotels have a more positive business sentiment than independents - Small and independent accommodations have been losing ground to larger chain-operated businesses for a number of years.
Jun 21, 2023 • Hospitality
US hotel demand shifts from resorts to top 25 markets - ADR growth is slowing, a result of changes in demand from pure leisure to a more normal mix of business transient, group and leisure.
Jun 20, 2023 • Hospitality
GlobalData: Travel and tourism industry deal activity plummets - The travel and tourism industry has witnessed a massive 41% year-on-year decline in deal activity.
Jun 20, 2023 • Hospitality
U.S. hotel markets recover from the pandemic - A snapshot of 15 major U.S. hotel markets shows that travel to cities is rebounding, with one notable exception: San Francisco.
Jun 16, 2023 • Hospitality
UK: Couples driving last-minute summer holiday demand - Thirty-six per cent of late bookings in May were made by couples, mostly empty nesters and middle-aged adults.
Jun 15, 2023 • Hospitality
Spending on hotels and travel cooling down - Spending on hotels, airline tickets and recreation surged after the pandemic. This summer could mark a shift back to normal.
Jun 14, 2023 • Hospitality
US hotel demand from international markets still lags - International travel finally is playing a significant role in global hotel industry recovery, yet with some mixed effects.
Jun 14, 2023 • Hospitality
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