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Robust 2015 Hotel Performance Masks Softening

Robust 2015 Hotel Performance Masks Softening

The U.S. lodging sector set a record for revenue per available room (RevPAR) of $78.671 in 2015 as a result of all-time highs in occupancy (65.6 percent) and average daily rate (ADR of $120.01). The 2015 RevPAR represents 6.3 percent ...

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Non-Branded Hotels Outperforming the Competition

Non-Branded Hotels Outperforming the Competition

If you had to write a state of the union speech for independent hotels, you would likely follow every U.S. president’s lead and comment that “the state of the union is strong.” Indeed, in 2015 hotels not affiliated with a ...

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National Occupancy Reaching All-Time High

National Occupancy Reaching All-Time High

ATLANTA—The U.S. lodging industry is forecast to achieve another all-time record occupancy level in 2016, but an increasing number of local markets are starting to show the effects of growing competition. According to the March to May 2016 edition of ...

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New Group Business Continues Positive Trend into 2016

New Group Business Continues Positive Trend into 2016

NEW YORK—Heading deeper into 2016, properties in major North American markets are continuing to experience strong increases in bookings, with 20 of the top 25 (80 percent) markets showing committed occupancy growth compared to last month. However, new business reservation ...

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Fitch: U.S. RevPAR Growth Forecast Lowers

Fitch: U.S. RevPAR Growth Forecast Lowers

NEW YORK—Fitch Ratings has lowered its 2016 U.S. RevPAR growth forecast to 4-5 percent from 4-6 percent. RevPAR growth will not likely exceed 5 percent for the year due to weaker than expected fourth-quarter and year-to-date transient demand growth. Fitch ...

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