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The Pros and Cons of Common Group Types

The Pros and Cons of Common Group Types

Event technology, communication, and social media are making it easier than ever before to bring people together for meetings and events. Organizations that traditionally operate on lower budgets, will now be able to prove ROI from events for the first ...

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Fitch: Softer Transient Demand Subdues Confidence

Fitch: Softer Transient Demand Subdues Confidence

NEW YORK—The U.S. lodging upcycle remains solidly intact notwithstanding the litany of concerns that have overtaken investor sentiment this year, according to Fitch Ratings. Falling stock prices (since January), selected guidance cuts (late summer), weak August industry RevPAR data, and ...

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The Enduring Recovery of Group Demand

The Enduring Recovery of Group Demand

After a year of growth in 2014, as well as a projected strong 2015, group demand has been on the rise for nearly half a decade. For the fourth straight year, PKF Hospitality Research (PKF-HR), a CBRE company, observed an ...

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Recovery Accelerates with Strong Growth in Group Demand

Recovery Accelerates with Strong Growth in Group Demand

NEW YORK—An updated lodging forecast released by PwC US anticipates lodging recovery will enter a new phase, with continued strengthening in group demand and rebounding economic momentum supporting a solid 6.5 percent RevPAR growth in 2014. Despite a weak first ...

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Dolce’s Richard Maxfield Discusses Meetings Outlook

Dolce’s Richard Maxfield Discusses Meetings Outlook

The slow recovery of group travel remains a concern for hoteliers that rely heavily on business from meetings, conventions, and federal contracts to fill rooms. STR reported that although group ADR increased 3.1 percent in October, group occupancy declined by ...

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TravelClick: Group Demand on the Mend

TravelClick: Group Demand on the Mend

NEW YORK—After a dip in demand over the past couple of months, group occupancy is once again beginning to increase, according to data from the December 2012 TravelClick North American Hospitality Review (NAHR). When looking at Q4 2012 through Q3 ...

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