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Category: Markets


Finance and Development, Markets

US Hotel Occupancy Up 0.8 Percent to 55.1 Percent for January 2020

February 20, 2020

Via: Hotel News Resource

The U.S. hotel industry reported positive results in the three key performance metrics during January 2020, according to data from STR. In a year-over-year comparison with January 2019, the industry posted the following: Occupancy: +0.8% to 55.1% Average daily rate […]


Finance and Development, Markets

Report: Loyalty bookings made up 56% of U.S. reservations in ’19

February 11, 2020

Via: Hotel Management

Loyalty-related bookings accounted for more than half of total reservations in the United States last year, according to full-year 2019 booking data from Kalibri Labs. Throughout 2019, total U.S. loyalty contribution rose 7.6 percent to 56.2 percent, a jump of […]


Finance and Development, Markets

Mainland China’s Hotel Occupancy Declined 75% Between 14-26 January Due to the Coronavirus Outbreak

February 4, 2020

Via: Hotel News Resource

Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV). “The Chinese […]


Finance and Development, Hotels, Markets

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

February 3, 2020

Via: Hospitality Net

Many hoteliers for the last several years have minimized the impact of short-term rentals on their bottom lines in what could be seen as an Airbnb defense. But a new report suggests that alternative accommodations, as well as growth in […]


Finance and Development, Markets

U.S. Hotels Finish Out 2019 Strong on Both Revenue and Profit Fronts

January 29, 2020

Via: Hotel News Resource

U.S. hoteliers made hay in December, as a potential repeat soft performance in 2020 awaits. Across the board, U.S. hotels grew the top line while also carrying it down to the bottom line, according to data from HotStats. RevPAR was […]


Finance and Development, Markets

US Hotel Occupancy Up 1.1 Percent to 58.9 Percent for Week Ending January 18th – 2020

January 23, 2020

Via: Hotel News Resource

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 12-18 January 2020, according to data from STR. In comparison with the week of 13-19 January 2019, the industry recorded the following: […]


Finance and Development, Financial, Markets

Hotels in the Middle East Report Mixed Results for 2019

January 23, 2020

Via: Hotel News Resource

Hotels in the Middle East reported mixed 2019 performance results, while hotels in Africa posted positive results across the three key performance metrics, according to data from STR. U.S. dollar constant currency, 2019 vs. 2018 Middle East Occupancy: +2.3% to […]


Finance and Development, Markets

5 Hotel Marketing Strategies For 2020

January 22, 2020

Via: Hotel News Resource

Hotel marketing has changed and is more complex than ever before. There are more channels to pay attention to, constant changes in major search engines and increased competition from sites like Airbnb who promote unique alternative accommodations. For hoteliers, it […]


Finance and Development, Markets

Barclay brothers near Ritz sale

January 21, 2020

Via: Hotel Management

The Barclay brothers were expected to sell the Ritz Hotel in London to a consortium of Saudi Arabian families. The sale was forecast to be the first in a series in London, as the capital continued to attract overseas buyers, […]


Finance and Development, Markets, Trends

Budgeting for change

January 17, 2020

Via: Hotel Management

The budget hotel sector has seen its focus expand to look not only at price, but at design and concept, as guests have become more demanding. The segment was now investigating how to provide service and experience without losing sight […]