A Lens on Loyalty: Program Membership, Contribution, Liability, and Costs Continue to Grow
Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions....
CoStar: Holiday Calendar Shift Impacts Weekly U.S. Hotel Industry Performance
WASHINGTON—Due to the Veteran’s Day calendar shift, the U.S. hotel industry reported mixed year-over-year performance comparisons, according to CoStar’s latest data through Nov. 16,...
STR, TE Downgrade U.S. Hotel Forecast in Final Revision of 2024
NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.
For 2024, projected gains in average daily rate...
CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter...
CoStar: U.S. Hotel Industry Reports Negative Year-Over-Year Performance
WASHINGTON—As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar's latest data through Nov. 9, 2024.
U.S....
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Marriott Phoenix Resort Tempe at The Buttes Completes Renovation
TEMPE, Arizona—Marriott Phoenix Resort Tempe at The Buttes announced the completion of a multi-million dollar renovation of its guestrooms and suites, fitness center, and...
Aligned Hospitality Adds The Kennedy Hotel to Its Management Portfolio
PHOENIX, Arizona—Aligned Hospitality Management has added The Kennedy Hotel, SureStay Collection by Best Western, in Tucson, Arizona, to its management portfolio. This deal supports...
LODGING Exclusive: Inaugural ESLA Event Reveals Long Runway for Growth for Extended-Stay Segment
The Extended Stay Lodging Association (ESLA) held its inaugural Development & Operations Workshop Series earlier this week in Atlanta, Georgia, revealing scores of data...
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