CoStar: Labor Costs and Inflation Impact U.S. Hotel Industry
ARLINGTON, Virginia—U.S. hotel industry profits grew in 2024, but increased labor costs and inflation limited growth, according to P&L data from CoStar.
U.S. Hotel Industry2024...
Hyatt Hotels Corporation Reports Q4 and Full-Year 2024 Results
CHICAGO, Illinois—Hyatt Hotels Corporation reported fourth quarter and full year 2024 results. Highlights include:
Comparable system-wide hotels RevPAR growth was 5 percent in the fourth...
CoStar: Super Bowl LIX Impacts Weekly Hotel Performance for New Orleans
ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Feb. 8, 2025.
U.S. Hotel PerformanceFebruary 2-8, 2025Percentage change from...
Wyndham Hotels & Resorts Reports Q4 and Full-Year 2024 Results
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months and year ended December 31, 2024. Highlights include:
Global RevPAR grew 5 percent...
Marriott International Reports Q4 and Full-Year 2024 Results
Marriott International, Inc. reported fourth-quarter and full-year 2024 results. Highlights include:
Fourth quarter 2024 RevPAR increased 5 percent worldwide, with 4.1 percent growth in the...
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Hunter Hotel Investment Conference to Move to Signia by Hilton Atlanta
ATLANTA—After 36 years of hosting one of the hospitality industry’s major gatherings, the Hunter Hotel Investment Conference (HUNTER) announced plans to move to a...
Choice Hotels Introduces New Prototypes for Comfort and Country Inn & Suites
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. introduced new prototypes for Comfort and Country Inn & Suites by Radisson that will provide more revenue-driving spaces...
RREAF Holdings and McNeill Form MxR Hospitality
DALLAS, Texas/GERMANTOWN, Tennessee—RREAF Holdings announced the formation of MxR Hospitality, a strategic partnership with hospitality investor Philip McNeill, Sr. The collaboration aims to develop...
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