Good news: U.S. hotels continue to make money. Year-over-year GOPPAR growth of 1.5 percent in December contributed to a 3.4-percent annual increase in profit for hotels in the U.S., according to data from HotStats tracking full-service hotels. It was the third consecutive year of GOPPAR growth, following YOY increases of 3.7 percent in 2016 and 3.0 percent in 2017. continue reading →
US lodging outlook remains stable, driven by a continued increase in consumer spending; increasing, albeit decelerating business investment; and relatively strong consumer confidence. continue reading →
The U.S. hotel industry is projected to report a further slowdown in performance growth in 2019 and 2020, according to STR and Tourism Economics latest forecast just released at the Americas Lodging Investment Summit. continue reading →
In 2018, the U.S. hotel industry saw occupancy increase 0.5% to 66.2%, according to STR, while ADR rose 2.4% to $129.83 and RevPAR increased 2.9% to $85.96. continue reading →