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USALI Changes Offer New Benchmarks for Hoteliers

USALI Changes Offer New Benchmarks for Hoteliers

Every 10 years or so, the Financial Management Committee (FMC) of the American Hotel & Lodging Association revises the Uniform System of Accounts for the Lodging Industry (USALI). The USALI serves as the industry standard for reporting hotel revenues and ...

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2016 Hotel Performance Still Backed by Digital

2016 Hotel Performance Still Backed by Digital

NEW YORK—Consistent with Q1 2016, hotel industry performance is continuing to strengthen, with Q2 2016 revenue per available room (RevPAR) increasing 3.8 percent year-over-year. According to data from TravelClick’s North American Distribution Review, bookings through online travel agents (OTAs), hotel ...

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Radisson at Star Plaza Closing for New Complex

Radisson at Star Plaza Closing for New Complex

Merrillville, Ind.—The Radisson at Star Plaza and the adjacent Star Plaza Theatre complex, which has been an icon of the Merrillville community and Northwest Indiana for decades, will be permanently closing its doors in the coming months to make way ...

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Fitch: As U.S. Hotels Peak, CMBS Wearily Watched

Fitch: As U.S. Hotels Peak, CMBS Wearily Watched

The days of strong RevPAR growth and occupancy rates are over for U.S. hotels, which could impair loan performance for CMBS as interest rates rise, according to the latest video in Fitch Ratings’ Virtual Investor Series. While Fitch maintains a ...

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