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U.S. Hotel Industry Surpasses 5 Million Rooms

The U.S. hotel industry has eclipsed 5 million available rooms for the first time, according to data from STR. The company’s June 2015 census shows 5,001,163 rooms in 53,554 properties nationwide. The industry plateaued at 4.5 million rooms in February ...

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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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Optimism Reigns at ALIS

Optimism Reigns at ALIS

At the 2014 Americas Lodging Investment Summit (ALIS)—which brought more than 2,600 hotel industry executives, owners, and investors to the JW Marriott Los Angeles L.A. Live in California—the outlook for 2014 remained overwhelmingly positive. Following a year of record-breaking statistics ...

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Hotel Data Conference Reveals Key Industry Metrics

Hotel Data Conference Reveals Key Industry Metrics

Economic headwinds, sluggish average daily rate (ADR) growth, lack of group demand, government travel cuts, and rising transient demand were hot topics at the fifth annual Hotel Data Conference at Loews Vanderbilt Hotel in Nashville this week. During the opening ...

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