Tag: market reports
A Look at Airport Hotels’ Solid Performance
STR counts approximately 2,300 hotels located in or near an airport throughout the United States. In 2015, these hotels had approximately 322,000 rooms available...
Analyzing Complimentary Services and Rooms
The offering of complimentary services and amenities by U.S. hotels is on the rise. From 2007 to 2015, hotel expenditures on complimentary food, beverages,...
Surge in Consumer, Business Sentiment Suggests Momentum for 2017
NEW YORK—The updated lodging forecast released today by PwC U.S. notes that strong industry performance in the fourth quarter of 2016, including encouraging trends...
U.S. Economy, Property Markets to Heat Up
NEW YORK—Global commercial real estate services firm Cushman & Wakefield released its latest U.S. Macro Forecast, anticipating that, following a turbulent year in 2016,...
Reservation Pace Declines as Headwinds Strengthen for Hotels
NEW YORK—The pace of new bookings is down this summer, with the business segment experiencing a -4.0 percent decline over the past 30 days....