CoStar: Anticipated dip in U.S. hotel performance in second week of December
U.S. HOTEL PERFORMANCE stayed below the levels of the previous week as anticipated, according to CoStar. Occupancy, ADR, and RevPAR all saw declines compared...
U.S. hotel performance rises in first week of December
U.S. HOTEL PERFORMANCE saw a significant increase in the first week of December compared to the previous week, with improvements in hotel occupancy, ADR...
U.S. hotel performance surges in early December as anticipated
U.S. HOTEL PERFORMANCE increased at the beginning of December as expected, compared to the last week of November, according to CoStar. Hotel occupancy, ADR,...
Baird/STR Index rises 9.3 percent in November
THE BAIRD/STR HOTEL Stock Index rose by 9.3 percent in November to 6,119, driven by lower interest rates for real estate stocks and overall...
CoStar: Group demand across key markets uplifts U.S. hotel revenue in October
U.S. HOTEL REVENUE and profitability saw a rise in October, propelled by increased group demand across the top 25 markets, according to CoStar’s October...
Report: Extended-stay hotels outperform broader hotel industry in October
EXTENDED-STAY HOTELS OUTPEFORMED the broader hotel industry across all performance metrics in October, marking a notably strong month for the sector, according to The...
CoStar: Thanksgiving holiday dims U.S. hotel performance in fourth week of November
U.S. HOTEL PERFORMANCE witnessed an expected decline in the fourth week of November from the previous week, attributed to the Thanksgiving holiday, according to...
CoStar: U.S. hotel performance varied in third week of November
U.S. HOTEL PERFORMANCE exhibited mixed year-over-year comparisons in the third week of November, according to CoStar. Moreover, both occupancy and RevPAR declined compared to...
STR and TE upgrade U.S. ADR, RevPAR forecast for 2023
STR AND TOURISM ECONOMICS have increased year-over-year growth projections for ADR and RevPAR in the final revision of the U.S. hotel forecast for 2023....
PwC: Economy, politics to influence U.S. hotel performance in 2024
ECONOMIC HEADWINDS AND geopolitical concerns are expected to affect U.S. hotel performance in 2024, according to PwC. The issues include continuing high interest rates...