IHG Hotels & Resorts Announces Q3 2023 Trading Update
IHG Hotels & Resorts announced its Q3 2023 trading update through September 30, 2023. Highlights include:
Q3 group RevPAR up 10.5 percent versus 2022,...
CoStar: U.S. Hotel Performance Continues to Increase, Comparisons Remain Mixed
WASHINGTON—U.S. hotel performance increased from the previous week, and year-over-year comparisons remained mixed, according to CoStar’s latest data through Oct. 14, 2023.
U.S. Hotel...
CoStar: U.S. Hotel Performance Increases With Positive Year-Over-Year Comparisons
WASHINGTON—U.S. hotel performance increased from the previous week and year-over-year comparisons were mostly positive, according to CoStar’s latest data through Oct. 7, 2023.
U.S. Hotel...
Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography
Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...
Baird/STR Hotel Stock Index Dropped in September 2023
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 2.0 percent in September to a level of 5,739.
“Hotel stocks were down again in September,...
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IHG’s Garner Brand Grows Across Company’s EMEAA Region
LONDON—IHG Hotels & Resorts continued the growth of its newest midscale conversion brand Garner hotels, now available across IHG’s Europe, Middle East, Asia &...
CoStar: U.S. Hotel Rooms Construction Grows Year Over Year
WASHINGTON—The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar's March 2024...
Wyndham Business Program Manages Company Travel
PARSIPPANY, New Jersey—Designed for businesses of all types and sizes, the Wyndham Business program manages companies' travel needs with the all-new Wyndham Rewards Business,...
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