Tag: market reports
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...
Profits Rise Despite Initial Signs of Expense Growth
Results from the latest edition of Trends in the Hotel Industry reveal that U.S. hotels achieved a 12.3 percent increase in net operating income...
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...
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...
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...