2023 is the new baseline for hospitality benchmarking - U.S. hoteliers project an overall sense of normalization across the board in 2024, but it's hard to say which trends will permanently result in a new normal.
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Group travel, international visitors to bolster US hotels in 2024 - CBRE predicts economic headwinds nationwide but also noted that urban hotels in markets like Los Angeles and New York City could see boosts.
Jan 3, 2024 • Hospitality
OTAs are back and stronger than ever in 2023 - Latest data confirms a robust OTA resurgence, with top revenue platforms dominating the market and regional Asian OTAs gaining popularity.
Dec 21, 2023 • Hospitality
What’s trending in hotels for 2024 - More and more guests look beyond chain hotel groups and seeking out independent and boutique properties that connect on a personal level.
Dec 21, 2023 • Hospitality
Rate growth lifts November US hotel performance - New York City experienced the highest occupancy level with 84.0%, which was up 6.3% year over year.
Dec 21, 2023 • Hospitality
Hospitality insights and predictions for 2024 - McKinsey expects a data revolution to take root across nearly every aspect of the hospitality industry in the coming years.
Dec 21, 2023 • Hospitality
Expedia wants to cut Google out of trip planning process - The OTA wants to get people to start their travel search on its site with AI instead of using an external search engine.
Dec 19, 2023 • Hospitality
Hotel gift card sales booming - Busiest time the last hour of Christmas Eve, 72% of guests spend more than the value of the gift card.
Dec 19, 2023 • Hospitality
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