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Marriott Reports Record International Growth in 2017

Marriott Reports Record International Growth in 2017

Bethesda, Md.–Marriott International today announced that 2017 represented its most successful year for signing development contracts outside North America. Last year, the company signed a record 55,000 rooms in international markets, fueled by entry into new markets, record signings in ...

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CBRE Research Forecasts Occupancy to Increase Through 2019

CBRE Research Forecasts Occupancy to Increase Through 2019

Atlanta–The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019, according to a recently released December 2017 edition of Hotel Horizons by CBRE Hotels. If achieved, this will mark a 10-year period of uninterrupted growth in ...

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Hoteliers Overestimated 2016 Performance

Hoteliers Overestimated 2016 Performance

From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a compound annual growth rate (CAGR) of 5.8 percent, while gross operating profits grew at a CAGR ...

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Independent Hotels See Higher ADRs And Faster Growth

Independent Hotels See Higher ADRs And Faster Growth

Independent hotel properties are continuing to show positive ADR growth compared to branded properties, according to a report based on Expedia’s Q1 2017 data. The data suggests an ongoing trend of strong performance by independent hotels—since Q1 2014, independent hotel ...

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When Management Fee Growth Threatens The Profits It Reflects

When Management Fee Growth Threatens The Profits It Reflects

The U.S. lodging industry’s recovery from the depths of the recent recession was characterized by strong growth in rooms revenue (RevPAR) concurrent with strict cost controls. This combination resulted in double-digit growth rates for profits—defined as income before deductions for ...

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