HotStats: Fragile U.S. Hotel Industry Records Performance Gains in May
LONDON — In the United States, between April and May 2020, total revenue per available room (TRevPAR) was up 39 percent (down 92 percent...
Report on Black Representation in Hospitality Leadership Highlights Structural Bias in the Industry
One in five people working in the hospitality industry is Black, according to the U.S. Department of Labor. Yet Black men and women represent...
Arrivalist Predicts 36.8 Million Road Trips July 4th Weekend
NEW YORK — Using data from its Daily Travel Index, travel data company Arrivalist is predicting 36.8 million road trips over the Fourth of...
STR: ADR Not Expected to Recover to Pre-2020 Levels in the Next Five Years
HENDERSONVILLE, Tenn. — Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the...
AAA Forecasts 700 Million Trips This Summer—15 Percent Fewer Than in 2019
ORLANDO, Fla. — This summer, AAA forecasts Americans will take 700 million trips based on economic indicators and state reopenings. That number is down...