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April RevPAR Growth Rebounds After Slow Q1

The U.S. hotel industry saw RevPAR increase 5 percent in April, with an occupancy of 68.1 percent, the highest April occupancy ever recorded. The increase was equally driven by the rise of occupancy (+2.2 percent) and ADR (+2.8 percent). RevPAR ...

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U.S. Hotel Revenue Growing, But Slowing

U.S. Hotel Revenue Growing, But Slowing

ATLANTA—U.S. hotel revenue growth is slowing down, while expenses are on the rise. According to CBRE Hotels’ Americas Research’s 2016 edition of Trends in the Hotel Industry, operating performance continued to improve in 2015, but at a much slower pace. ...

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South Korea Company Plans Record-Breaking Sale

In one of the most prominent public offerings since late 2015, South Korea’s Hotel Lotte has planned a share sale next month worth up to $5.7 trillion. The hotel will be listed in an effort to simplify the ownership structure ...

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Fitch Ratings Predicts Twilight of Upcycle

Fitch Ratings’s mid-year lodging outlook shows the U.S. lodging industry approaching the twilight of an upcycle that began in 2009, with positive RevPAR increases in the last 68 months. Lodging demand growth is declining, but U.S. GDP is accelerating. To watch ...

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Marriott Leads Upscale Hotel Sales

Lodging Econometrics reports that in the first quarter of 2016 there were 15 Marriott-branded upscale hotel sales in the United States that had selling prices reported into the public domain. The average selling price per room (ASPR) for these Marriott-branded ...

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U.S. Hotels Bring in Record Revenue in 2015

2015 was a good year for hospitality. Last year, the hotel industry’s revenue and profit margin reached historic highs. According to STR’s 25th annual HOST Almanac, hospitality’s house profit reached $73 billion last year–passing a peak that had not been ...

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