The Enormity of Events for Boosting Occupancy
Large-scale events enjoyed a banner year in 2016. A reemerging travel economy—combined with more lodging options than ever before and a bevy of events...
CoStar: Group Demand Impacts October P&L Data
WASHINGTON—Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar.
October 2023...
Controlling Utility Costs: U.S. Hotel Owners and Operators Have Tools Available to Meet This...
Annual changes in U.S. hotel utility costs and in the Consumer Price Index (CPI), or inflation, have historically proven to be strongly correlated. As...
Kalibri Labs Spotlights Boston Hotel Market Performance in 2020
Boston hotels have suffered low occupancy and revenue levels so far in 2020, according to Kalibri Labs' latest Market Spotlight on Boston, which reviews...
U.S. Hotel Industry Performance Improves in January
HENDERSONVILLE, Tennessee—In January 2021, the U.S. hotel industry showed higher performance levels from the prior month, according to data from STR.
U.S. Hotel Performance
January 2021...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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