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Hotel Occupancy to Hit Record High in 2015

Hotel Occupancy to Hit Record High in 2015

ATLANTA—The U.S. lodging industry will continue to achieve very strong growth in rooms revenue per available room (RevPAR) during both 2015 and 2016, according to the recently released March 2015 edition of PKF Hospitality Research’s (PKF-HR) Hotel Horizons. The report ...

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The Developing Story: Pittsburgh

The Developing Story: Pittsburgh

Behind the steel curtain lies a hotel development scene set to explode this year. Here’s a quick guide to the many factors driving this growth. The City of Bridges is about to go through a bit of a growth spurt ...

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The Enduring Recovery of Group Demand

The Enduring Recovery of Group Demand

After a year of growth in 2014, as well as a projected strong 2015, group demand has been on the rise for nearly half a decade. For the fourth straight year, PKF Hospitality Research (PKF-HR), a CBRE company, observed an ...

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ALIS: Don’t Worry, Be Happy with the Numbers

ALIS: Don’t Worry, Be Happy with the Numbers

The U.S. hotel industry experienced a record-breaking year in 2014, as occupancy rose 3.6 percent, average daily rate (ADR) increased 4.6 percent, and revenue per available room (RevPAR) went up 8.3 percent, STR data shows. With an increase of 4.5 ...

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More Properties Able to Cover Their Interest Payments

More Properties Able to Cover Their Interest Payments

Much has been written about how U.S. hotel owners and operators are profiting from the current strong lodging market conditions. Revenues have returned to pre-recession levels and are expected to experience real growth through 2017. On the bottom line, net ...

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