Tag: market reports
The Enduring Recovery of Group Demand
After a year of growth in 2014, as well as a projected strong 2015, group demand has been on the rise for nearly half...
Profits and Values Expected to Increase Over Next Three Years
U.S. hotels have realized significant increases in occupancy, average daily rate (ADR), and top-line revenue over the past five years. Because of an improving...
Jones Lang LaSalle: New York Hotel Market Overview
The New York lodging sector is among the highest performing markets in the world. Hotel occupancy among upper-tier hotels went nearly uninterrupted during the...
Examining Hotel Labor Costs
As revenues continue to grow for most U.S. hotels, the combined cost of salaries, wages, bonuses, and payroll-related expenditures has declined as a percent...
Hoteliers Continue to be Sharp with Budgeting Accuracy
It’s time to throw away the Ouija boards. Apparently, predicting the performance of U.S. hotels has become easy for managers. For the third consecutive...