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Sizzling Summer Led by Leisure Travel Bookings

Sizzling Summer Led by Leisure Travel Bookings

NEW YORK—Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR), according to data from the July 2015 TravelClick North American Hospitality Review (NAHR). Strong rates and steady bookings are ...

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Lodging Industry Financial Outlook Remains Strong

Lodging Industry Financial Outlook Remains Strong

ATLANTA—The outlook for the U.S. lodging industry continues to be extremely strong, according to the recently released June 2015 edition of PKF Hospitality Research’s (PKF-HR) Hotel Horizons. The report forecasts that U.S. hotels will continue to enjoy revenue per available ...

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The Developing Story: San Jose

The Developing Story: San Jose

Booming business in the Silicon Valley and a thriving sports scene are fueling growth in this Bay Area city. The largest city in the Bay Area, San Jose has been a beneficiary of the economic boom surrounding the technology and ...

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Strong RevPAR and ADR Growth Projected for 2015

Strong RevPAR and ADR Growth Projected for 2015

Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that will enhance the ability of hotel managers to control their operating expenses. First, the pace of ...

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