Industry News
Thakor and Deva named to lead Maya Hotels
BROTHERS-IN-LAW Baldev Thakor and JD Deva, after nearly three decades, are handing control of the company they founded, Charlotte, North Carolina-based Maya Hotels, to...
Report: Independent hoteliers saw 34.5 percent surge in GDS bookings last year
INDEPENDENT HOTELS RECEIVE favorable deals via the global distribution system, according to HotelREZ Hotels & Resorts. Reservations through the GDS rose by 34.5 percent...
TRENDS & ISSUES
CoStar: U.S. hotel performance mixed in first week of April, positive YOY
U.S. hotel performance showed mixed results in the first week of April compared to the previous week, yet displayed positive year-over-year comparisons, according to...
CoStar: U.S. hotel performance dips as anticipated before Easter holiday
U.S. HOTEL PERFORMANCE dipped in the final week of April, as anticipated leading up to the Easter holiday, according to CoStar. Key metrics including...
CoStar: U.S. hotel performance dips in fourth week of March despite YOY gains
U.S. HOTEL PERFORMANCE dipped in the fourth week of March compared to the previous week but showed positive year-over-year comparisons, according to CoStar. Across...
CoStar: U.S. hotel performance up in third week of March despite YOY declines
U.S. HOTEL PERFORMANCE saw an uptick in the third week of March compared to the previous week, although year-over-year figures continued to decline, according...
CoStar: U.S. hotel performance improves in February
THE U.S. HOTEL industry experienced improved performance in February compared to the previous year, according to CoStar. Despite a slight decrease in occupancy, both...
CoStar: U.S. hotel performance improves in second week of March
U.S. HOTEL PERFORMANCE rose in the second week of March compared to the previous week but declined year over year, according to CoStar. Key...