Tag: market report
Profit Growth Becomes Harder To Achieve for U.S. Hotels
ATLANTA—While U.S. hoteliers enjoyed a ninth consecutive year of increasing profits in 2018, it is becoming increasingly difficult for managers to accomplish this task....
CBRE Forecasts Growth for Austin Hotel Market
AUSTIN—In 2018, demand in the Austin hotel market remained steady, although it declined slightly from 2017, with an overall rise in average daily room...
New Hotel Supply and Strong Economy Influence Hotel Forecast
New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...
HotStats: Shutdown Resulted in 88.8 Percent YOY Drop in GOPPAR for D.C. Hotels
The 35-day federal government shutdown from December 22nd, 2018, to January 25th, 2019, dealt a crushing blow to profitability for Washington, D.C. hotels, according...
New Orleans Hotels Recorded Increased Occupancy and RevPAR in January
In January 2019, U.S. hotels picked up essentially where they left off in 2018, demonstrating a sustained uptrend in profit growth, according to the...