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HotStats Report: U.S. Hotels End 2017 with Strong Growth

HotStats Report: U.S. Hotels End 2017 with Strong Growth

Demand from the commercial segment fell away during the end-of-the-year holidays, and U.S. full-service hotels recorded one of the lowest GOPPAR levels of 2017. Yet despite that, hotels still achieved one of the strongest year-over-year increases in profit per room in ...

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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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