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Hotels Hold Pricing Power Against Airbnb

Amid Airbnb’s robust supply growth, hotels have largely maintained compression nights and rate growth, new research from STR shows. While Airbnb and hotel occupancy were generally highest in the same markets, hotels achieved significantly higher occupancy levels. For more findings, click ...

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U.K. Hoteliers Discuss Brexit Challenges

At the 24th Annual Hotel General Managers’ Conference this week, British hoteliers discussed the issues that come with Brexit for the U.K. hotel industry. Many are concerned about the increased cost of supplies, such as food and beverage, and the ...

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Tourico Holidays Releases 2017 Global Trends Report

Nearly all of the world’s major travel destinations are currently outpacing last year’s hotel bookings, according to Tourico Holidays’s 2017 Global Hotel Trends Report. The total number of room nights booked grew by 28.7 worldwide. Read more here.

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Inauguration Sparks Boom for D.C. Hotels

This week’s presidential inauguration is expected to draw droves of protestors and supporters alike, making this week an extremely profitable time for hotels. Federal and local officials in Washington, D.C., are preparing to accommodate one million visitors—a drop from the ...

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NYC’s Tanking Hotel Market Rising in 2017

While a glut of supply in New York City has caused hotel revenue to plummet over the last few years, the forecast appears brighter for 2017. JLL predicts some upward momentum now that a lot of new hotels have already ...

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