CoStar: U.S. Hotel Industry Performance Lowers From Previous Week

WASHINGTON—The U.S. hotel industry reported lower performance results than the previous week and mixed comparisons year over year, according to CoStar’s latest data through...

Marriott International Reports Q2 2024 Results

Marriott International, Inc. reported second quarter 2024 results. Highlights include: Second quarter 2024 comparable systemwide constant dollar RevPAR increased 4.9 percent worldwide, 3.9 percent in...
hotel construction

Lodging Econometrics: U.S. Hotel Projects Reach All-Time High in Q2 2024

As seen in the Q2 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the second quarter, there...

CoStar: U.S. Hotel Industry Reports Higher Weekly Performance

WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week and positive comparisons year over year, according to CoStar’s latest data through...

CoStar: U.S. Hotel Industry Improves Monthly Performance

WASHINGTON—The U.S. hotel industry reported improved performance results from the previous month, according to June 2024 data from CoStar. June 2024 Percentage change from June...
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Reining in Utility Expenses: Sustainability Practices Help Hoteliers Protect Their Bottom Line

Ambitious climate and decarbonization efforts have heightened the demand for electrified and energy-efficient buildings. Regulatory frameworks are evolving from simple incentives to stringent compliance...

NewcrestImage Converts New Jersey Hotel to Homewood Suites Brand

A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand....

CoStar: December U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons

WASHINGTON—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 21, 2024. Growth was elevated due to the...
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