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Miami Proves Resilient During a Year of Headwinds

Miami Proves Resilient During a Year of Headwinds

Overnight visitors to the Greater Miami area spent a record-breaking $26 billion while traveling in the destination from September 2016 to August 2017—a 2 percent increase over the same time period of the previous year. That’s according to research released ...

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U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

U.S. Hotel Industry Grows at Half the Rate of U.S. Economy

Durham, NH—Business activity for U.S. hoteliers held steady at the previous month reading of 118.8 in September, according to e-forcasting.com’s Hotel Industry’s Pulse (HIP) indicator—a predictive analytic which gauges monthly overall business conditions for hotels. The HIP stalled, posting a ...

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Hoteliers Overestimated 2016 Performance

Hoteliers Overestimated 2016 Performance

From 2010 through 2015, U.S. hotels enjoyed above long-run average revenue and profit growth. Over the six-year period, total operating revenue increased at a compound annual growth rate (CAGR) of 5.8 percent, while gross operating profits grew at a CAGR ...

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