Accor expects full occupancy rebound early next year - Accor’s hotels had an average occupancy of 60% in the first quarter. That was 4.5% points below its 2019 level.
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Travel demand recovery may hit inflation wall soon - The pent-up travel demand may run out of steam in the second half of 2023 as rising risks of a recession threaten consumer spending.
Apr 27, 2023 • Hospitality
Analysts say hotel fundamentals strong - Investors realize they were too negative when fundamentals are still fine.
Apr 26, 2023 • Hospitality
A traveler’s guide to tipping in a changed world - In the age of tip fatigue, many are bewildered by how much to tip in hotels and restaurants and on guided tours.
Apr 26, 2023 • Hospitality
STR: March U.S. hotel rates rise, but occupancy dips - For the fifth consecutive month, STR reported “continued improvement in business travel and groups” among its top 25 markets in March.
Apr 21, 2023 • Hospitality
U.S. hotel pipeline shows confidence in business travel - The property types most associated with business travel, are well represented in the U.S. development pipeline.
Apr 19, 2023 • Hospitality
Luxury hotels facing increasingly irritated consumers - High-end travelers are pulling back on their vacation spending as inflated pricing hasn't led to an increase in service quality.
Apr 3, 2023 • Hospitality
Tipping in the United States has gotten out of control - Requests to tip on purchased goods and services are increasingly common, and the amount of the traditional tip has been on the rise for decades.
Apr 3, 2023 • Hospitality
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