Tag: finance
Fragmented Performance Dampens Spring Hotel Outlook
NEW YORK—While new bookings are up at the start of the spring season, with 17 of the top 25 North American markets showing committed...
Increased Credit Card Use Has Positive, Negative Outcomes
The use of credit cards has increased dramatically over the past few years. Not only are transient guests using cards to pay for guestrooms...
New Starwood Offer Might Delay Marriott’s Ratings Momentum
NEW YORK—Fitch Ratings continues to see positive ratings momentum for Marriott International stemming from its planned merger with Starwood Hotels & Resorts. However, less...
Robust 2015 Hotel Performance Masks Softening
The U.S. lodging sector set a record for revenue per available room (RevPAR) of $78.671 in 2015 as a result of all-time highs in...
Apple Hospitality REIT Favors Steady Approach to Growth
In February, Apple Hospitality REIT released its 2015 earnings report. To be brief, last year was a very good year for the company. Comparable...