Mark Woodworth, senior managing director, CBRE Hotels’ America Research, moderated the “Statistically Speaking” session, which featured top industry research and consultation specialists. The co-presenters explored the latest data trends in the hospitality industry and forecasts for the year ahead. (Pictured left to right: Amanda Hite, president and CEO, STR; Mark Woodworth; and Stephen Rushmore, Jr., president and CEO, HVS. (Photo credit: Jessica Alva)

STR and Tourism Economics Downgrade U.S. Hotel Forecast

NEW YORK—The U.S. hotel industry is projected to see overall performance growth of 2 percent for 2019 and 1.9 percent for 2020, according to...
Average price per room - hotel transaction

A Look Behind Hotel Transaction Growth

According to STR, 2018 was one of the best years in recent history for hotel transactions. With 707 transactions, a 25 percent increase since...
Slowdown

CBRE Forecasts Gradual Slowdown in U.S. Hotel Performance

ATLANTA—The U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022, according to CBRE Hotels Research’s latest report....
Decrease - GOPPAR

HotStats: U.S. GOPPAR Slips for First Time in 2019

April was the first month of the year during which U.S. hotels reported a year-over-year (YOY) decline in profit per room, as a drop...
Guest arrives in guestroom

STR: U.S. Hotel Occupancy, ADR, and RevPAR Up in April 2019

HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in the three key performance metrics during April 2019, according to data from STR. In a year-over-year...
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New York City

Five Markets With the Most Hotel Construction

Analysts at Lodging Econometrics recently reported the top five markets with the largest hotel construction pipelines for the third quarter of 2018. The number...
Women in LODGING 2018

15 Women Moving Up Hospitality’s Career Ladder

Over the past few years, more and more women seem to be climbing to the top ranks of the hotel industry. This isn’t a coincidence—woman...
A diverse team holds hands, representing diversity and workplace culture

14 Hotel Companies Among 2019 Best Employers for Diversity

Fourteen hotel companies are among this year's Best Employers for Diversity, according to Forbes magazine. The list, which recognizes organizations for their commitment to...
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How to Spot and Get Rid of Common Household Pests in Hotels

Running a business in the hospitality industry is a tough task, and when pests are added to the equation, it can get even more...