Accor RevPar 2022 exceeds 2019 on higher rates - The company reported an “excellent” fourth quarter that lifted full-year 2022 revenue per available room above pre-pandemic levels.

Feb 24, 2023 • Hospitality

U.S. hotel performance decline continues in January - January U.S. hotel occupancy was 52.8%, down slightly from 53.6% the month prior and 3 percent below 2019 levels.

Feb 23, 2023 • Hospitality

InterContinental Hotels predicts full travel recovery by 2024 - As air capacity comes back to China for international travel, there’ll be significant outbound travel.

Feb 22, 2023 • Hospitality

STR: Top hospitality industry challenges and strengths - The Hospitality Industry Sentiment survey is STR’s first longitudinal study of hotel and travel industry professionals.

Feb 20, 2023 • Hospitality

Europe sees increase in new hotel projects - Major global hotel companies are moving forward with their expansion plans in Europe despite economic worries.

Feb 16, 2023 • Hospitality

Marriott Q4 corporate travel tops 2019 - Negotiated corporate rate growth for 2023 is in "the high single digits".

Feb 15, 2023 • Hospitality

Hilton doesn’t plan to offer bargains again soon - The company doesn’t think prices will go down, nor is there going to be a major influx of new hotels anytime soon.

Feb 13, 2023 • Hospitality

Marriott doesn't see an end to strong travel demand - Level of demand seen over the last two years should erase any doubts about the resiliency of travel.

Feb 8, 2023 • Hospitality