Hotel Industry Trends

ISHC WorldView revealed that 69% of members surveyed believe the appeal of timeshare is diminishing. With Airbnb.com now allowing hotel listings through 3rd party distribution platforms, it’s clear the sharing economy hasn’t stopped evolving to increase their piece of the pie. continue reading →

Top Project-Based Markets Include LA, NYC, Las Vegas, Chicago and San Francisco continue reading →

When analyzing the performance of the extended-stay hotel segment, we see a difference in the performance of the upper-priced properties in this segment versus the moderate-priced properties. Since 2010, moderate-priced extended-stay hotels have shown greater gains in revenues and profits. However, upper-priced extended-stay hotels continue to achieve premiums in occupancy, ADR, revenues, and profits. continue reading →

Football fans flocking to Russia for the 2018 FIFA World Cup aren’t the only ones filling its growing stock of branded hotel rooms. continue reading →

Average daily rate increases 2.3 Percent to US$131.38 continue reading →

Average daily rate increases 2.1 Percent to US$122.58 continue reading →

Revenue per available room up 4.6 Percent to CAD120.54 continue reading →

Job openings were little changed at 6.7 million on the last business day of April, a new series high. Over the month, hires and separations were little changed at 5.6 million and 5.4 million, respectively. continue reading →

Preliminary May data from STR shows hotels in London reported occupancy decreased 1% to 82.3%, ADR decreased 4.1% to £146.51 ($195.33) and RevPAR decreased 5% to £120.59 ($160.77). continue reading →

Revenue per available room up 8.2 Percent to CAD134.57 continue reading →