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While Occupancy Dips, ADR, RevPAR Rise

Although U.S. hotel occupancy dipped slightly in the first quarter of 2016, the industry experienced healthy gains in both average daily rate and revenue per available room, according to data from STR. Compared with the first quarter of 2015, occupancy ...

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Starwood, Marriott Cut RevPAR Forecast

What a difference a few months makes. Throughout the mixed bag of hotel company earnings calls this week, one thing was clear—the outlook for 2016 is a lot more complicated than it was at the end of last year. Starwood ...

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RevPAR Expected to Thrive in 2016

Despite budding concerns in the financial markets and lower-than-expected growth in the fourth quarter, PricewaterhouseCoopers U.S. has released an updated lodging forecast expecting RevPAR to flourish, increasing by 5.5 percent in 2016. It will surpass the less-than-stellar increase in ADR, ...

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Auction.com Report Shows Steady Gains for Hotel Sector

Auction.com Report Shows Steady Gains for Hotel Sector

Increases in occupancy and room rates are sustaining healthy revenue per available room (RevPAR) in the hospitality industry even as expansion shifts into a lower gear, according to Auction.com’s Q2 2015 Hotel Monitor report. The online real estate marketplace company ...

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Strong RevPAR and ADR Growth Projected for 2015

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 will enhance the ability of hotel managers to control their operating expenses. First, the pace of ...

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