Tag: financial news
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...
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...
CoStar: U.S. Hotel Industry Shows Positive Comparisons for Third Consecutive Week
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Nov. 2, 2024.
U.S. Hotel PerformanceOctober 27-November 2, 2024 Percentage change...
Choice Hotels International Reports Q3 2024 Results
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its third quarter 2024 results. Highlights include:
Total revenues reached $428.0 million for third quarter 2024, a quarterly...
Lodging Econometrics: Dallas Continues to Lead the U.S. Construction Pipeline
According to the Q3 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the quarter, the five markets...