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Industry Giants Confident More Growth is Yet to Come

Industry Giants Confident More Growth is Yet to Come

With occupancy, room demand, average daily rate, and revenue per available room achieving record highs, the travel industry is surely booming, and hoteliers who spoke at the 37th annual NYU International Hospitality Industry Investment Conference this week at the Marriott ...

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Despite Good Times, Industry Concerns Loom

Despite Good Times, Industry Concerns Loom

Bob Hunter set the tone the moment he stepped on stage to kick off the Hunter Hotel Investment Conference in Atlanta yesterday. “Now is a great time to buy, sell, or renovate,” he said. “Pull the trigger. Lenders are active ...

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ALIS: Don’t Worry, Be Happy with the Numbers

ALIS: Don’t Worry, Be Happy with the Numbers

The U.S. hotel industry experienced a record-breaking year in 2014, as occupancy rose 3.6 percent, average daily rate (ADR) increased 4.6 percent, and revenue per available room (RevPAR) went up 8.3 percent, STR data shows. With an increase of 4.5 ...

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Hotel Industry Continues to Ride Economy’s Tailwinds

Hotel Industry Continues to Ride Economy’s Tailwinds

The U.S. hotel industry continues to ride the tailwind of the economic recovery, buoyed by positive room demand, occupancy increases, and steady average daily rate growth. According to industry executives who spoke at the 36th annual New York University International ...

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Green Leaders Share Insight at Inaugural Conference

Green Leaders Share Insight at Inaugural Conference

At the first annual Lodging Green and Sustainability Conference, thought leaders, sustainability experts, and hoteliers gathered at the LEED Gold-certified Omni Dallas Hotel in Dallas, Texas, to discuss how the hotel industry can come together to minimize impact on the ...

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