STR, Tourism Economics Upgrade Forecast to Full U.S. RevPAR Recovery in 2022
NEW YORK—STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric...
STR: U.S. GOPPAR Exceeds Pre-Pandemic Levels for Second Consecutive Month
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR's April 2022...
HotStats: April 2022 Hotel Performance Remained Steady
HotStats reports that despite record gas prices, ballooning airfares, and inflation roiling the globe, hotel performance remained widely steady—if not getting better—in April 2022...
CBRE: Lodging Industry Should Recover in 2023
DALLAS—CBRE is raising its forecasts of hotel performance for 2022 and beyond based on Q1 2022 strength, continued slowing of construction activity, higher inflation,...
A Career Calling: Scott Berman on Planning His Next Chapter and Returning to His...
After three decades with PwC, where he currently serves as U.S. hospitality and leisure practice leader, Scott Berman will be retiring at the end...
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Knowland and Amadeus Share Q1 2024 Performance Index Data
ARLINGTON, Virginia—Knowland and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. Beginning with the first quarter of 2024, the...
Red Roof Names Zack Garib as President; Fouad Malouf to Newly Created Position of...
Red Roof has named hotel industry veteran Zack Gharib as president, effective immediately. Gharib brings more than two decades of senior management experience in...
3 Ways Hoteliers Can Protect Data With Key Control Solutions
After planning and preparing dream vacations and securing reservations, hotel guests count on the protection and security of their credit card financial data through...
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