Tag: ADR
STR: U.S. Hotels Report Positive Performance in May 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in three key performance metrics during May 2019, according to data from STR. In a year-over-year...
STR: U.S. Hotel Occupancy, ADR, and RevPAR Up in April 2019
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive results in the three key performance metrics during April 2019, according to data from STR.
In a year-over-year...
U.S. Lodging Outlook Good Through 2020, With Economic ‘Blip’ in 2021, Says CBRE
ATLANTA—A favorable economic outlook will lead to continued growth in U.S. hotel revenues and profits through 2020. However, an economic slowdown in 2021 will...
Global Hotel Rates Are Expected to Increase Up to 3 Percent Next Year
ATLANTA—Global hotel rates are expected to increase 1 to 3 percent in 2019 in most markets around the world, according to the 2019 Industry...
Boosting a Hotel’s Direct Booking Conversion Rate Without Giving Away Rooms
One of the biggest and most widespread misconceptions in the hotel industry is that discounting is the best way to boost direct bookings. Even...