U.S. hotel profitability gains led by full-service chains, major markets
Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023 P&L data from CoStar.
Largest U.S. hotel markets showed considerable RevPAR gains as spring 2022 began
While overall performance continues to be led by smaller, leisure-based destinations, major markets in the U.S. showed considerable performance gains in late March/early April.
COVID-19 webinar summary: 5 key points on Benelux hotel performance, 30 July
On 31 July, we analyzed hotel performance in the Benelux amid the COVID-19 pandemic. Read our summary with five key points here.
COVID-19 webinar summary: 5 key points on Belgium hotel performance, 19 May
On 19 May, we analyzed hotel performance in Belgium amid the COVID-19 pandemic. Read our summary with five key points here.
STR: Global hotel chains lead Europe in hotel net unit growth
Accor’s portfolio of brands led Europe in hotel room Net Unit Growth (NUG) in 2019, while Oyo Hotels & Homes posted the highest growth for an individual brand, according to STR.
Warm U.S. beach markets shine early in 2023, inflation cuts into ADR gains
STR’s bubble chart update for February 2023 shows the staying power of warm, outdoor-oriented hotel markets and expected seasonal shifts for the opening months of the year. As part of the seasonal slowing for this time of year, most markets are performing below 2019 ...
Most GCC hotel markets report Ramadan decline; results better in Muscat and Dubai
U.S. Top 25 Markets still behind 2019 occupancy even with continued return of groups
U.S. hotel occupancy leaders and laggards in this mid-November 2022 “bubble” chart update reflect anticipated seasonal shifts, the continued return of corporate and group demand in large-to-medium sized markets, and a persistent impact from Hurricane Ian.
Beijing hotel performance expectations as Lunar New Year and Olympics intersect with the pandemic
Lunar New Year, the Winter Olympics and the pandemic all meet in Beijing this February. What are the expectations for hotel performance as these demand influencers intersect? Find out here.
Middle East hotel industry strength likely to be challenged by economic issues in other world regions
The Middle East is operating from a position of economic strength with 2023 approaching. That bodes well for the hospitality industry, but a looming recession in key source markets will likely create challenges given the Middle East’s historic reliance on internation...
Are concerts “running the world?”: A look at how Beyoncé’s Renaissance World Tour has impacted Europe hotel performance
Feeling the music after our recent Taylor Swift tour analysis, we took a quick look at Beyoncé’s impact on actualized performance in the U.K. and Sweden, as well as forward bookings in five active Forward STAR markets.
Consumer travel outlook better in the short-term amid increasing cost pressures, declining travel disruption and fewer COVID-19 concerns
Economic concerns aren’t doing too much to discourage consumers from planning and undertaking trips right now. The future is a bit less optimistic though.