Tag: transient
The Great COVID Do-Over? Looking for a Silver Lining in Dismal Group and Transient...
Since COVID-19 struck in March of this year, group and transient demand has plummeted, taking both ADR and RevPAR with it. At the low...
Fitch: Softer Transient Demand Subdues Confidence
NEW YORK—The U.S. lodging upcycle remains solidly intact notwithstanding the litany of concerns that have overtaken investor sentiment this year, according to Fitch Ratings.
Falling...
Leisure Travel Leads the Charge in Booking and Rates
NEW YORK—The hotel industry saw a healthy start to the year and is continuing to show gains in both demand and average daily rate...
Hotels Continue Modest Gains in Bookings, Room Rates
NEW YORK—Hotels are continuing to experience consistent growth in 2014, according to data from the March 2014 TravelClick North American Hospitality Review (NAHR). Both...
Transient Continues to be Key Driver of Hotel Growth
NEW YORK—As hotels experience growth in both occupancy and average daily rate (ADR), the transient segment —made up of individual business and leisure travelers—continues...