Report: U.S. Hotels Have Reason for Optimism as Consumer Confidence Grows
The latest edition of Duetto’s Pulse Report, which tracked data for February 2021, shows that the majority of markets across the Americas are continuing...
STR: U.S. Hotel Results for Final Week of February
HENDERSONVILLE, Tennessee—In the final full week of February, U.S. weekly hotel occupancy dipped slightly from the previous week, according to STR's latest data for...
Monthly P&L: U.S. GOPPAR Hits Highest Level Since October
BROOMFIELD, Colorado — In January 2021, U.S. hotel gross operating profit per available room (GOPPAR) improved slightly from prior months but remained in the...
HotStats: U.S. GOPPAR Hovers at Break-Even Mark in January
After the worst performing year on record, the hotel industry is still contending with the impact of a global pandemic in 2021. Still, there...
Winter Storm Drives Texas Hotel Occupancy to 50-Week High
HENDERSONVILLE, Tennessee — Texans displaced by freezing temperatures and outages pushed the state’s hotel occupancy to a 50-week high, according to an analysis by...
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Marriott Plans to Add 100 Properties in Europe Through 2026
From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership
When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...
Cvent Passkey to Integrate With Maestro’s PMS Solution
TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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