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Fitch: Softer Transient Demand Subdues Confidence

Fitch: Softer Transient Demand Subdues Confidence

NEW YORK—The U.S. lodging upcycle remains solidly intact notwithstanding the litany of concerns that have overtaken investor sentiment this year, according to Fitch Ratings. Falling stock prices (since January), selected guidance cuts (late summer), weak August industry RevPAR data, and ...

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PwC: ADR Growth Lags, Despite Peak Occupancy Levels

PwC: ADR Growth Lags, Despite Peak Occupancy Levels

NEW YORK—An updated lodging forecast released today by PwC US expects revenue per available room (RevPAR) growth in 2015 to be driven more by occupancy than previously expected, as average daily rate (ADR) growth continues to look for a firm ...

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ADR Improves in Majority of Top North American Markets

ADR Improves in Majority of Top North American Markets

NEW YORK—As hoteliers prepare for the holiday season and head into the new year, hotels in major North American markets are experiencing a strong, improved ADR (average daily rate) performance, according to new data from TravelClick’s October 2015 North American ...

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Why Investors Should Consider Market Rotation

Why Investors Should Consider Market Rotation

Operating conditions in the top hotel markets in the United States have soared, with occupancies, room rates, and revenue per available room (RevPAR) all reaching new heights. According to data from STR Global, New York City hotel occupancies measure more ...

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PKF: Spas Continue to Boost Hotel Profit Growth

PKF: Spas Continue to Boost Hotel Profit Growth

BOSTON—Hotel spa departments continue to contribute to the revenue and profit growth of U.S. hotels. According to the 2015 edition of Trends in the Hotel Spa Industry, hotel spa department revenues increased by 5.1 percent in 2014, while spa department ...

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