Tag: hotel industry
STR: Las Vegas ADR Expected to Reach Highest Level of Any Super Bowl Weekend
HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. 9-11, 2024, which would be the highest level for...
AHLA Announces 2024 Officers, Executive Committee, and Board of Directors
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced its 2024 officers, Executive Committee, and Board of Directors, which all include leaders from a variety...
CoStar: Planning Phase Activity Remains Up For U.S. Hotel Pipeline
WASHINGTON—Activity in the planning phases of the U.S. hotel pipeline remains up, while rooms in construction decreased after two months of gains, according to...
CoStar: U.S. Hotel Performance Reached Highest ADR and RevPAR on Record in 2023
WASHINGTON—The U.S. hotel industry posted its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to 2023 data from...
Pivot to Manage Key West Historic Inns Collection
ATLANTA—Pivot has been tapped by KHP Capital Partners to manage the Key West Historic Inns Collection, a portfolio of five historic and reimagined properties...