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Hotel Spa Revenues Remain Strong

Hotel Spa Revenues Remain Strong

BOSTON—While U.S. hotel guests are curbing their appetite for hotel restaurants and room service, they appear to be expressing a desire for pampering and wellness. For the second consecutive year, hotel spa revenues and profits have increased at a pace ...

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The High Cost of Raising Room Rates

The High Cost of Raising Room Rates

The highlight of the recovery from the recent recession has been the strong rebound in lodging demand. According to Smith Travel Research (STR), occupancy levels at U.S. hotels increased from a low of 54.5 percent in 2009 to 61.4 percent ...

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U.S. Hotels Expected to See a 6.1 Percent RevPAR Increase

U.S. Hotels Expected to See a 6.1 Percent RevPAR Increase

ATLANTA, Ga.—Despite news of “fiscal cliffs” and “sequesters” coming out of Washington D.C., the U.S. lodging industry is forecast to continue to achieve strong gains in both revenue and profits in 2013. According to the recently released March 2013 edition ...

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PKF Predicts Growth Into 2016

PKF Predicts Growth Into 2016

According to PKF Hospitality Research LLC, the U.S. lodging industry continues the extremely healthy upward trend it began in 2Q10, with ongoing gains in all the major business measurements: lodging demand, occupancy,average daily rate (ADR), and revenue per available room ...

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