Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee...
U.S. Hotel Industry Proves Resilient in September
The third quarter ended on a high note for U.S. hotels, as September profit-per-room climbed year-over-year (YOY), an indication that the current cycle still...
STR: U.S. Hotel Occupancy Dips Slightly, But Room Rates Are Up
HENDERSONVILLE, Tennessee—U.S. hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR's latest data through October 23,...
Indianapolis Records Record Tourism Spending
INDIANAPOLIS–Visitors to Indianapolis have boosted the region’s economy with record spending for six consecutive years, according to research conducted by Rockport Analytics on behalf...
STR Data for Final Week of May: Occupancy Creeps Up
HENDERSONVILLE, Tenn. — STR data for the week of May 24-30 showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines...
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IHG’s Garner Brand Grows Across Company’s EMEAA Region
LONDON—IHG Hotels & Resorts continued the growth of its newest midscale conversion brand Garner hotels, now available across IHG’s Europe, Middle East, Asia &...
CoStar: U.S. Hotel Rooms Construction Grows Year Over Year
WASHINGTON—The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar's March 2024...
Wyndham Business Program Manages Company Travel
PARSIPPANY, New Jersey—Designed for businesses of all types and sizes, the Wyndham Business program manages companies' travel needs with the all-new Wyndham Rewards Business,...
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