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2016 Hotel Performance Still Backed by Digital

2016 Hotel Performance Still Backed by Digital

NEW YORK—Consistent with Q1 2016, hotel industry performance is continuing to strengthen, with Q2 2016 revenue per available room (RevPAR) increasing 3.8 percent year-over-year. According to data from TravelClick’s North American Distribution Review, bookings through online travel agents (OTAs), hotel ...

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Fitch: As U.S. Hotels Peak, CMBS Wearily Watched

Fitch: As U.S. Hotels Peak, CMBS Wearily Watched

The days of strong RevPAR growth and occupancy rates are over for U.S. hotels, which could impair loan performance for CMBS as interest rates rise, according to the latest video in Fitch Ratings’ Virtual Investor Series. While Fitch maintains a ...

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Philly Ready to Host Democratic National Convention

Philly Ready to Host Democratic National Convention

An estimated 50,000 people will descend upon the Democratic National Convention (DNC) from July 25 to 28 in Philadelphia. The event is expected to cost the City of Brotherly Love around $60 million, but the city is expecting major returns—to ...

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2015 Operating Performance Showed Growth, But Slowing

2015 Operating Performance Showed Growth, But Slowing

Every eight to ten years, two things occur in the U.S. lodging industry—a performance cycle comes full circle and revisions to the Uniform System of Accounts for the Lodging Industry (USALI) are implemented. Both of these factors influenced the information ...

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Extended-Stay Consistently Outperforming Other Tiers

Extended-Stay Consistently Outperforming Other Tiers

As the U.S. lodging industry continues to post healthy results, it is worth examining some niche products and their performance. Many extended-stay chains are now offering their guestsrooms with a full kitchen and, often, silverware and dishware that allow them ...

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