Industry News
Report: Hoteliers should embrace change
HOTELIERS MUST EMBRACE technological advancements to stay competitive as increased costs, AI, personalization, evolving revenue metrics and data pose major challenges for the hospitality...
Hilton, American Express providing 20K rooms for L.A. wildfire relief
HILTON WORLDWIDE HOLDINGS and American Express are offering 20,000 complimentary hotel room nights to those impacted by the recent wildfires across the greater Los...
TRENDS & ISSUES
CoStar: L.A. wildfires disrupt hotels in week ending Jan. 11
THE LOS ANGELES wildfires affected U.S. hotel performance in the second week of January, with a slight occupancy increase but declines in RevPAR and...
New Year shift boosts performance for week ending Jan. 4
THE NEW YEAR holiday shift boosted U.S. hotel performance in early January, with increases in weekly and year-over-year metrics, including occupancy, ADR, and RevPAR,...
CoStar: Holiday week shows mixed hotel performance
U.S. HOTEL PERFORMANCE showed mixed results in the fourth week of December, according to CoStar. Occupancy declined compared to the previous week, while RevPAR...
CoStar: Hanukkah shift lowers hotel performance week ending Nov. 21
U.S. HOTEL PERFORMANCE declined in the third week of December compared to the previous week, according to CoStar. However, year-over-year comparisons were positive due...
U.S. hotels’ weekly metrics mixed in second week of December
U.S. HOTEL PERFORMANCE showed mixed results in the second week of December compared to the previous week, according to CoStar. However, the industry reported...
CoStar: U.S. hotel metrics rise in early December
U.S. HOTEL PERFORMANCE improved in the first week of December, showing higher week-over-week and year-over-year results, according to CoStar. Chicago recorded the largest year-over-year...