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IHG Hotels & Resorts Announces Q3 2023 Trading Update

IHG Hotels & Resorts announced its Q3 2023 trading update through September 30, 2023. Highlights include: Q3 group RevPAR up 10.5 percent versus 2022,...
U.S. hotel performance

CoStar: U.S. Hotel Performance Increases With Positive Year-Over-Year Comparisons

WASHINGTON—U.S. hotel performance increased from the previous week and year-over-year comparisons were mostly positive, according to CoStar’s latest data through Oct. 7, 2023. U.S. Hotel...
analysis

Property Tax Trends: New Analysis Shows That Relief for U.S. Hoteliers Varies by Geography

Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626...

Baird/STR Hotel Stock Index Dropped in September 2023

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 2.0 percent in September to a level of 5,739. “Hotel stocks were down again in September,...
september

CoStar: U.S. Hotel Performance Lowers But Shows Improved Comparisons

WASHINGTON—As expected, U.S. hotel performance was lower than the previous week, but year-over-year comparisons were improved, according to CoStar’s latest data through Sept. 30,...
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