Industry News
Wyndham, Reside launch ‘Residence’ brand in U.S.
WYNDHAM HOTELS & RESORTS recently signed a 10-year development agreement with Reside, a residential hospitality management company, to launch five residence-style hotels, either open...
AHLA, WWF revamp ‘Hotel Kitchen’ to help hoteliers cut food waste
THE AMERICAN HOTEL & Lodging Association and World Wildlife Fund have revamped the “Hotel Kitchen” platform to help U.S. hoteliers reduce food waste, divert...
TRENDS & ISSUES
CoStar: Columbus Day boosts hotel performance in second week of October
U.S. HOTEL PERFORMANCE improved in the second week of October compared to the previous week, with positive year-over-year comparisons due to the Columbus Day/Indigenous...
CoStar: Rosh Hashanah weakens hotel performance in early October
U.S. HOTEL PERFORMANCE declined in the first week of October compared to the previous week due to Rosh Hashanah, according to CoStar. Year-over-year comparisons...
U.S. hotels’ weekly performance mixed, YOY up in fourth week of September
U.S. HOTEL PERFORMANCE remained mixed in the fourth week of September compared to the prior week, according to CoStar. However, the industry reported positive...
CoStar: U.S. hotel performance improved in third week of September
U.S. HOTEL PERFORMANCE improved in the third week of September compared to the previous week, with year-over-year results also remaining positive, according to CoStar....
U.S. hotels’ performance up week of Sept. 14, YOY results down
U.S. HOTEL PERFORMANCE improved in the second week of September compared to the previous week, but year-over-year results remained negative, according to CoStar. Key...
CoStar: U.S. hotel performance declines in early September
U.S. HOTEL PERFORMANCE dropped in the first week of September compared to the previous week, according to CoStar. Key metrics such as occupancy, RevPAR...