Luxury Hotels

North America Remains the Largest Consumer Market for Luxury Hotels

In 2017, the global luxury hotel market size was $171 billion and it is expected to reach $232 billion by the end of 2025,...
Profitability

A Six-Step Strategy for Increasing Hotel Profitability

While the rate of revenue growth has slowed nationwide, the U.S. hotel industry has seen increasing profits for eight consecutive years. Hoteliers can narrow...
construction

CBRE: Demand Will Continue to Exceed New Supply Levels in 2019

ATLANTA—New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...
AC Nashville

The Country’s First Triple-Branded Marriott Will Open in Downtown Nashville

The country’s first triple-branded Marriott hotel will open in Downtown Nashville later this year or in early 2019. The 470-room property will include a...

Examining Hotel Labor Costs

As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...
Growth Chart - TrevPAR

U.S. Hotels Are Operating at the Highest Level of Efficiency Since 1960

Atlanta–U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the...

Most Popular

Wyndham Rewards Announces Expanded Services and New Features

This morning, Wyndham Hotels & Resorts announced the launch of several new features for their Wyndham Rewards loyalty program. Based on the needs of...
Dual-branded Hyatt Place and Hyatt House in Tampa

HRI Properties Breaks Ground on Dual-Branded Hyatt Place and Hyatt House in Tampa

TAMPA, Fla.—HRI Properties (HRIP) and Hyatt recently broke ground on a dual-branded Hyatt Place and Hyatt House in downtown Tampa. The Hyatt Place and Hyatt...
A suite at recently opened Staybridge Suites London-Heathrow Bath Road, part of IHG's existing all-suites brand portfolio.

IHG Plans To Launch an All-Suites, Upper-Midscale Brand in 2019

InterContinental Hotels Group (IHG) today released its earnings results for 2018 and an outline of the company's growth plans for 2019. Recording $27.6 billion...

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