U.S. hotel results for week ending 12 August
U.S. hotel performance declined from the previous week but showed mostly positive comparisons year over year, according to CoStar’s latest data through 12 August.
U.S. hotel performance for July 2023
The U.S. hotel industry reported mixed performance results month over month, according to July 2023 from CoStar.
All-Inclusive Hotel
In all-inclusive hotels, guests pay one upfront fee that covers their accommodations, food, drinks, and various activities and entertainment. These hotels are designed to offer guests a worry-free vacation experience with all needs included as a package for one price...
Bleisure
"Bleisure" is a popular term used in reference to combination business and leisure trips. When work from home grew in practice because of the pandemic, "bleisure" became more popular among business travelers looking to make the most of their time ...
Complimentary Service
In the hospitality world, complimentary services refer to any amenity that is provided to a guest free-of-charge. Common complimentary services include things like Wi-Fi, breakfast, parking, fitness centers, toiletries, and more. Hotels use these services to attract ...
Cost Per Occupied Room (CPOR)
Cost Per Occupied Room (CPOR) is an indicator of operational efficiency. CPOR measures the total operating expenses for a specific period divided by the total number of occupied rooms during that same period. CPOR encompasses all costs associated with running a hotel...
ESC Congress helped push Madrid hotel performance to August high
Helped by the ESC Congress, Madrid’s hotel industry posted its highest August performance levels on record, according to preliminary data from CoStar.
U.S. hotel results for week ending 6 September
The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 6 September.