Tag: growth
Minibar Market Projected to be Worth $1.49 Billion by 2024
The global minibar market size is projected to reach $1.49 billion by 2024, owing to the transformation, growth, and emergence of the hospitality industry...
Year-End U.S. Hotel Construction Pipeline Continues Upward Growth
According to the year-end U.S. Construction Pipeline Trend Report from Lodging Econometrics, the nation's hotel construction pipeline stood at 5,151 projects/623,695 rooms at the...
HotStats Report: U.S. Hotels End 2017 with Strong Growth
Demand from the commercial segment fell away during the end-of-the-year holidays, and U.S. full-service hotels recorded one of the lowest GOPPAR levels of 2017. Yet...
Marriott Reports Record International Growth in 2017
Bethesda, Md.–Marriott International today announced that 2017 represented its most successful year for signing development contracts outside North America. Last year, the company signed...
CBRE Research Forecasts Occupancy to Increase Through 2019
Atlanta–The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019, according to a recently released December 2017 edition of...