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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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The Urban Hotel Market Challenge

The Urban Hotel Market Challenge

The U.S. hotel industry finished 2015 at its highest occupancy ever. Hotel demand continues to outpace supply, and although the industry is experiencing firmer headwinds from the weakening global economy, the hotel industry’s macro fundamentals remain sound. Despite these positive ...

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Interstate Invests in 10 Marriott Hotels

Interstate Invests in 10 Marriott Hotels

ARLINGTON, Va.—Interstate Hotels & Resorts, along with Waramaug Hospitality, a private investment group focused on acquiring legacy branded assets through the United States, announced today an investment in a premier collection of 10 Marriott branded extended-stay hotels in partnership with ...

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Credit Default Swaps on the Rise

The market for credit default swaps, the tools banks and fund managers use to hedge against losses on corporate and government debt, is on the rise again. The ongoing volatility in the financial markets is leading some investors to turn to ...

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Digital and Mobile Channels Remain Driver of Bookings

Digital and Mobile Channels Remain Driver of Bookings

NEW YORK—Hotel industry performance remains strong, with Q4 2015 revenue per available room (RevPAR) increasing 4.0 percent year-over-year, and online and mobile bookings are continuing to drive this growth. According to data from TravelClick’s North American Distribution Review (NADR; Q1 ...

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