Tag: data
CoStar: U.S. Hotel Industry Showed Mixed Performance During August
WASHINGTON—The U.S. hotel industry reported lower performance results from the previous month but positive comparisons year over year, according to August 2024 data from...
Lighthouse Launches Channel Manager, an AI Solution for Independent Hotels
GHENT, Belgium—Lighthouse announced the release of Channel Manager, an AI-powered solution that impacts pricing, promotion, and distribution for independent hotels. Building on the recent...
J.D. Power: 2024 NAGSI Study Shows Travelers Are Paying More for Hotel Rooms
TROY, Michigan—With an average daily rate (ADR) for a U.S. hotel room of $158.45 in May 2024—the second-highest month ever behind $159.01 in October...
Duetto Evolves BlockBuster Group Revenue Optimization Solution
SAN FRANCISCO, California—Duetto announced a product development designed to let hoteliers optimize revenue across all segments, including transient, group, and function space. With the...
Solonis Releases State of the Industry Report for 2024
SAN DIEGO, California—Solonis released its annual State of the Industry Report for 2024. The data paints a conflicting picture of travel for 2024. Ongoing...