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U.S. Domestic Travel and Road Trips On the Rise

U.S. Domestic Travel and Road Trips On the Rise

ORLANDO–Domestic vacations now make up 85 percent of total U.S. vacations, according to MMGY Global’s 2017 Portrait of American Travelers. During the past 12 months, 13.9 million more vacations were taken within the U.S. compared to internationally. The rising preference ...

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U.S. Hotel Franchises with the Largest Construction Pipelines

PORTSMOUTH, NH—According to the recent U.S. Construction Pipeline Trend Report from Lodging Econometrics, the franchise companies with the largest pipelines are Marriott (1,288 projects/166,096 rooms), Hilton (1,243 projects/140,912 rooms), and IHG (817 projects/84,676 rooms). These three franchise companies comprise 67 ...

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U.S. Hotel Construction Up 7 Percent Since Last Year

A recent report by Lodging Econometrics (LE) found that the number of projects in the U.S. hotel construction pipeline is up 7 percent year-over-year (YOY), standing at 4,973 projects with a total of 598,371 rooms. The number of projects under ...

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U.S. to Top $100 Billion in Vacation Spending This Summer

U.S. to Top $100 Billion in Vacation Spending This Summer

U.S. vacationers are spending more on summer travel this year, topping $100 billion for the first time, according to the eighth annual Allianz Travel Insurance Vacation Confidence Index. This is the first time in the survey’s eight year history that vacation spending ...

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Solid Fundamentals Mask the Hotel Industry’s Cloudy Future

Solid Fundamentals Mask the Hotel Industry’s Cloudy Future

It is hardly a secret that U.S. hotel industry prospects are less than rosy. The hospitality industry has been inundated with a glut of non-traditional supply, increasing competition, and siphoning travelers away from traditional operators. Despite this, the hotel sector ...

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