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Robust 2015 Hotel Performance Masks Softening

Robust 2015 Hotel Performance Masks Softening

The U.S. lodging sector set a record for revenue per available room (RevPAR) of $78.671 in 2015 as a result of all-time highs in occupancy (65.6 percent) and average daily rate (ADR of $120.01). The 2015 RevPAR represents 6.3 percent ...

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Non-Branded Hotels Outperforming the Competition

Non-Branded Hotels Outperforming the Competition

If you had to write a state of the union speech for independent hotels, you would likely follow every U.S. president’s lead and comment that “the state of the union is strong.” Indeed, in 2015 hotels not affiliated with a ...

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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 Developing Story: Denver

The Developing Story: Denver

Recently topping Forbes’s 2015 list of the Best Places for Businesses and Careers, Denver, Colo., is cementing its place as a major hub of the U.S. economy. The population of the Mile High City—a moniker coined because Denver’s official elevation ...

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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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Luxury Segment Remains Among Healthiest in Industry

Luxury Segment Remains Among Healthiest in Industry

All is well in the U.S. luxury hotel segment. For the first 11 months of 2015, chain affiliated luxury hotels sold over 27 million room nights, resulting in 76.3 percent occupancy. This is the highest year-to-date occupancy ever recorded, pointing ...

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