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IHG Grows Revenue, Expands Portfolio in 2017

IHG Grows Revenue, Expands Portfolio in 2017

IHG released its preliminary results for the final quarter and full year of 2017. The company reported growth in all regions with global RevPAR up 2.7 percent in Q4. At 4 percent growth year-over-year (YOY), the net system size growth ...

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CBRE Forecasts Positive Performance for U.S. Historic Hotels

CBRE Forecasts Positive Performance for U.S. Historic Hotels

WASHINGTON, D.C.–The outlook for the U.S. lodging industry, particularly historic hotels, continues to be extremely strong, according to CBRE Hotels’ Americas Research (CBRE). CBRE Hotels’ Americas Research presented its two-year forecast at the Historic Hotels of America annual conference. CBRE ...

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Hilton Reports 2017 Earnings and Gives 2018 Outlook

Hilton Reports 2017 Earnings and Gives 2018 Outlook

MCLEAN, Va.—Hilton today reported its fourth quarter and full year 2017 earnings as well as the company’s outlook for the year ahead. Last year, Hilton hit a record pipeline of 345,000 rooms and opened about 400 properties. On top of ...

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Deloitte Analysts Weigh In on the Future of the Travel Industry

Deloitte Analysts Weigh In on the Future of the Travel Industry

Deloitte recently released its 2018 Travel and Hospitality Industry Outlook on the state of restaurants, hotels, and airlines and how these industries will perform this year. Two leaders of Deloitte’s travel, hospitality, and leisure sector team—Vice Chairman and U.S. Leader Guy ...

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CBRE Research Forecasts Occupancy to Increase Through 2019

CBRE Research Forecasts Occupancy to Increase Through 2019

Atlanta–The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019, according to a recently released December 2017 edition of Hotel Horizons by CBRE Hotels. If achieved, this will mark a 10-year period of uninterrupted growth in ...

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U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

Durham, NH—Business activity for U.S. hoteliers held steady at the previous month reading of 118.8 in September, according to e-forcasting.com’s Hotel Industry’s Pulse (HIP) indicator—a predictive analytic which gauges monthly overall business conditions for hotels. The HIP stalled, posting a ...

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