Lodging Daily News

WASHINGTON—U.S. hotel performance showed mixed results over the previous week, according to CoStar’s latest data through Feb. 24, 2024. U.S. Hotel Performance February 18-24, 2024 Percentage change from comparable week in 2023:Occupancy: 62.0 percent (down 3.3 percent)ADR: $156.62 (up 0.3 percent)RevPAR: $97.12 (down 2.9 percent) Among the Top 25 Markets, Minneapolis reported the largest year-over-year occupancy increase (up 4.5 percent to 47.8 percent). Las Vegas (up 7.5 percent to $203.52) and Oahu Island (up 7.5

WASHINGTON—The American Hotel & Lodging Association (AHLA) brought together hotel and sustainability leaders in Washington to discuss the hotel industry’s commitment to programs regarding environmental sustainability at the second annual Responsible Stay Summit. AHLA member companies are incorporating environmental goals into their business models. AHLA’s Responsible Stay Summit is designed to help hoteliers continue this work through discussions on topics like environmental, social, and governance strategies, federal energy policy, and financing the green transition. This

Marina MacDonald What initially inspired you to get into the hospitality business? When I was 18, I worked as a hostess at a restaurant my Uncle Vince managed. I did not like the restaurant business very much. Then, I got a job at a hotel in Philadelphia. I thought, ‘This is temporary until I find my dream job.’ The rest is history! Who were some of your mentors or role models, male or female, and

PARIS and MINNEAPOLIS—IDeaS and Accor announced that Accor has chosen IDeaS as its global revenue management software (RMS) provider. Partnering on a suite of IDeaS revenue management solutions, Accor continues to update its commercial strategy for hotels, property owners, and managers. Accor has over 5,600 hotels in 110 countries and will leverage IDeaS for its revenue management strategy by using technology to create a competitive advantage and deliver value while considering its global portfolio footprint.

The Q4 2023 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the global hotel construction pipeline hit all-time high project counts in Q4. At the close of 2023, LE analysts stated that the total global construction pipeline stands at 15,196 projects/2,367,727 rooms, a 7 percent increase in projects, and a 3 percent increase in rooms year-over-year (YOY). There were 6,160 projects/1,096,748 rooms currently under construction worldwide in Q4 2023, for a