Hoteliers anticipate greater pricing power in 2024 - Rate growth showed some signs of moderating at the end of 2023, but STR's latest forecast for 2024 still has rates growing by 3%.
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Economic uncertainty to likely impact hotel performance through 2025 - Continued economic uncertainty, an upcoming election and continued geopolitical tensions are expected to impact hotel performance in the US through 2025.
May 21, 2024 • Hospitality
US: Strong desire to travel continues - Market volatility in recent days has raised important questions about the health of the global economy, the U.S. economy and the travel industry.
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50 basic ChatGPT prompts for hoteliers - Here's how ChatGPT can help hoteliers improve guest interactions and streamline internal processes.
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US hotels report mixed performance in September - Among the top 25 markets, New York City experienced the highest occupancy level (87.0%), driven by the United Nations General Assembly, Fashion Week, and the U.S. Open.
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Hilton looks to partnerships in experiential travel push - Hilton Honors members seek more experiences, and offering these will foster loyalty and increase Hilton's share of their spending.
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Hotel Engine reaches a $2.1 billion valuation, rebrands as Engine - The company secured $140 million in Series C funding, raising its valuation from $1.3 billion to $2.1 billion.
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