CoStar: Calendar Shift Leads to Positive Yearly Comparisons for U.S. Hotel Industry
WASHINGTON—On the positive side of the Martin Luther King Jr. Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s...
CoStar: U.S. ADR and RevPAR Growth Slowed to 2020 Rate in 2024
WASHINGTON—The U.S. hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR), but the country’s growth rate was its lowest...
CoStar: Calendar Shifts, Weather Events Impact U.S. Hotel Performance
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar's latest data through Jan. 11, 2024.
Performance was impacted by shifts in Martin Luther...
Reeco Secures $15 Million in Series A Funding
MIAMI, Florida—Reeco announced it secured $15 million in Series A funding. This investment will fuel the company's growth initiatives, including the advancement of the...
CoStar: New Year’s Holiday Shift Boosts U.S. Hotel Performance
WASHINGTON—Due to the New Year’s holiday shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Jan. 4, 2025.
U.S....
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Travel Industry Executives Discuss Shifting Gears in an Uncertain Hospitality Landscape
The hospitality industry is currently facing an uncertain landscape, according to multiple executives at the 2025 Hunter Hotel Investment Conference at the Atlanta Marriott...
TPG Hotels & Resorts Expands Managed Portfolio with Canal House of Georgetown
DALLAS, Texas—TPG Hotels & Resorts, one of the nation's premier hospitality management firms, in conjunction with Douglas Development, announced today the opening of Canal...
Tripadvisor Releases Fourth Edition of Transparency Report
NEEDHAM, Massachusetts—Tripadvisor released the fourth edition of its Transparency Report, exploring the company's ongoing efforts to ensure its platform remains a trusted source for...
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