Are Luxury Hotels Worth the Cost?
Despite the relatively high cost of construction and complexity of operations, developers are still attracted to owning and managing luxury hotels. As of August...
What Happens When Government Per Diems Change?
Because federal government employees purchase a significant quantity of hotel rooms, the General Services Administration (GSA) has partnered with Federal Travel Regulation (FTR) compliant...
CBRE: U.S. Lodging Revenue Growth to Slow Through 2021
ATLANTA — CBRE Hotels Research forecasts that revenue growth will continue to diminish, but the U.S. lodging industry will remain strong through the next...
U.S. Hotel Occupancy, RevPAR, and ADR Decline in October 2019
HENDERSONVILLE, Tenn. — The U.S. hotel industry reported negative results in three key performance metrics during October 2019, according to data from STR. In...
STR Downgrades RevPAR Growth Projections
NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...