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Significant Supply Headed to Major U.S. Markets

Significant Supply Headed to Major U.S. Markets

DENVER—Many of the top U.S. hotel markets realized record performance figures in 2015, continuing an upward trend that has brought about an unprecedented amount of proposed hotel supply. HVS’s annual Hotel Market Connections conference series, which concluded Thursday, June 16, ...

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Clear Sailing Forecast for European Business Travel

Clear Sailing Forecast for European Business Travel

FRANKFURT, Germany—Western Europe’s business travel spending is projected to increase to $211.2 billion USD in 2016 and top out at $225.6 billion USD in 2017, 6.3 percent and 6.8 percent growth respectively. Those figures are among the key findings in ...

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The Developing Story: San Diego

The Developing Story: San Diego

Everybody’s seen the ads—actors, surfers, musicians, and models swimming, hiking, or lounging by a pool, all while encouraging people travel to California. These Visit California ads are having an affect in at least one city in the Golden State—San Diego. The ...

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Boston Marathon Bumps Hotel Rates

Boston Marathon Bumps Hotel Rates

BOSTON—Distance runners and their accompanying cheerleaders who are looking for a hotel room in Boston for the marathon next Monday might have to spend a lot more than expected. According to a new survey conducted by BostonHotels.org, hotels are increasing ...

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Flexible Models Ease Leisure Companies’ Cuban Market Entry

Flexible Models Ease Leisure Companies’ Cuban Market Entry

NEW YORK—Flexible and less capital-intensive business models should facilitate U.S. leisure companies’, including cruise operators, hotels, and online travel agencies (OTAs), Cuban market entry following renewed U.S./Cuba diplomatic relations, according to Fitch Ratings. Several companies are laying the groundwork for ...

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