Tag: finance
Rates Refuse to Fall: Hotel Industry Faces Uncertainty as Global and Domestic Pressures Build
In a financial climate once thought to be trending toward lower interest rates, recent market behavior has upended expectations, revealing stubbornly high rates despite...
CBRE: U.S. Hotel Performance Expected to Accelerate at Year End
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter...
CoStar: U.S. Hotel Industry Reports Negative Year-Over-Year Performance
WASHINGTON—As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar's latest data through Nov. 9, 2024.
U.S....
Wyndham Hotels & Resorts Partners With Lafayette Square
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through...
Amadeus Reports Q3 2024 Financial Results
Amadeus reported Q3 2024 financial results. Highlights for the nine months ended September 30, 2024, (relative to the prior year) include:
Air distribution revenue grew...