Marriott International Reports Q3 2024 Results
Marriott International, Inc. reported third-quarter 2024 results. Highlights include:
Third quarter 2024 comparable systemwide constant dollar RevPAR increased 3 percent worldwide, 2.1 percent in the...
Lodging Econometrics: Dallas Continues to Lead the U.S. Construction Pipeline
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets...
Hyatt Hotels Corporation Reports Q3 2024 Results
CHICAGO, Illinois—Hyatt Hotels Corporation reported Q3 2024 results. Highlights include:
Comparable system-wide hotels RevPAR increased 3.0 percent compared to the same period in 2023
Comparable system-wide...
Lodging Econometrics: U.S. Hotel Construction Pipeline Reaches New All-Time High
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. pipeline stood at 6,211 projects/722,821 rooms,...
Access Point Financial Closes Investment in Hotel Portfolio Refinance
ATLANTA, Georgia—Access Point Financial announced the successful closing of a $133.1 million investment in Goldman Sachs' recent $985 million hotel portfolio refinance. Goldman Sachs...
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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....
AAA: 79.9 Million Travelers to Head 50 Miles or More From Home Over Thanksgiving
WASHINGTON, D.C.—AAA projects 79.9 million travelers will head 50 miles or more from home over the Thanksgiving holiday travel period. For the first time,...
Aloft Tallahassee Downtown Completes Communal Space and Guestroom Renovation
TALLAHASSEE—Aloft Tallahassee Downtown announced that it has recently completed a multi-million-dollar renovation, refreshing the hotel’s communal spaces and 162 guestrooms. Located on North Monroe...
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