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.
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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
The end of ‘revenge travel’ has arrived for hotels - The reaction of hotel performance metrics to lower leisure demand will be an intriguing summer story, according to Moody's.
Jun 2, 2023 • Hospitality
U.S. hotel forecast revised upward - CBRE has again raised its forecast for U.S. hotel performance, expecting average RevPAR to be up 6% year-over-year.
May 26, 2023 • Hospitality
New Amadeus report highlights pace of change in hospitality industry - Traveler expectations have changed over the past four years, and the hospitality industry of 2023 is not that of 2019.
May 25, 2023 • Hospitality
STR: April U.S. hotel occupancy slips, rates moderate - Among STR’s top 25 markets, New York reported the highest occupancy level in April at 82.6%.
May 24, 2023 • Hospitality
Tripadvisor reveals top-rated hotels in 2023 - Tripadvisor announces the winners of its 2023 Travellers’ Choice Best of the Best Hotel Awards.
May 24, 2023 • Hospitality
PwC: Business travel and groups expected to offset softening leisure demand - Increasing economic headwinds to impact hotel performance for balance of this year and into 2024.
May 23, 2023 • Hospitality
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