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Category: Markets


Finance and Development, Markets

U.S. Market Recovery Monitor – 19 June 2021 – STR

June 25, 2021

Via: Hotel News Resource

The “summer travel surge” continued this past week as U.S. hotel occupancy hit an 85-week high at 68.0% for the week ending 19 June 2021. That is the country’s highest level since the week ending 9 November 2019. The turnaround […]


Finance and Development, Markets

Horwath HTL Market Report: Australian Hotel Market Recovery from Covid-19

June 23, 2021

Via: Hospitality Net

Despite Australia’s relative success in controlling the spread of COVID-19, the Australian hotel industry was hit hard by the onset of the global pandemic. However, its success in controlling the virus, together with a strong and large domestic travel market, […]


Finance and Development, Markets, News

STR: U.S. Hotel Results For Week Ending 15 May

May 20, 2021

Via: Hospitality Net

U.S. weekly hotel occupancy reached its second-highest level since the start of the pandemic, according to STR‘s latest data through 15 May. 9-15 May 2021 (percentage change from comparable week in 2019*): Occupancy: 59.1% (-16.4%) Average daily rate (ADR): US$113.54 […]


Finance and Development, Markets

The Start of a Travel Comeback in the United States: a Spotlight on 4 Key Destination Markets

April 22, 2021

Via: Hotel News Resource

After over a year of government restrictions in the United States (U.S.), vaccination rates have accelerated, and the nation is on the verge of a travel boom. According to the Centers of Disease Control and Prevention, as of April 12, […]


Finance and Development, Markets

How to Set Your Lifestyle Hotel Apart from the Market, Post Covid-19 ?

April 21, 2021

Via: Hospitality Net

Standing out from the crowd has always been a perpetual task demanding full attention of any hotelier, but has become even more apparent in the post Covid-19 era. The countless marketing, sales, and operational tools available in the market have […]


Finance and Development, Markets

International Hospitality Operations Need Global Leaders: Research Highlights (Part 2)

April 13, 2021

Via: Hotel News Resource

In recent research, Dr. Paul Willie, DBA, MBA, CHAE+, CHTP, CMA and Isidro Fierro set out to identify the elements and requirements of a global leader in today’s hospitality industry. They leveraged existing secondary data to highlight why global leaders […]


Finance and Development, Markets

Tourist Arrivals Down 87% in January 2021 Says UNWTO

March 31, 2021

Via: Hotel News Resource

The devastating impact of the COVID-19 pandemic on global tourism has carried on into 2021, with new data showing an 87% fall in international tourist arrivals in January as compared to 2020. The outlook for the rest of the year […]


Finance and Development, Markets

How The Pandemic Has Changed Hotel Pricing Psychology

March 30, 2021

Via: Hospitality Net

The factors that drive the pricing of hotel rooms across the globe become more pronounced during a downturn, but the ways in which those factors play out have shifted due to the COVID-19 pandemic — a crisis like no other […]


Finance and Development, Markets

Operating Observations From 2020

March 26, 2021

Via: Hospitality Net - All News

In 2020, U.S. hotels suffered the worst year of operating performance since CBRE began tracking profitability in 1938. During the year, the average hotel in CBRE’s monthly survey of U.S. operating performance experienced a 78 percent decline in Gross Operating […]


Finance and Development, Markets

America’s Hoteliers Applaud Signing of American Rescue Plan

March 15, 2021

Via: Hotel News Resource

AAHOA, the nation’s largest hotel owners association, applauded President Biden signing the American Rescue Plan (ARP) into law. The $1.9 trillion stimulus package funds several key initiatives such as increased testing, vaccination, and vital economic assistance that will support an […]