usa
U.S. Hotel Supply Growth Still in Check with Demand
Years of rising average daily rates and demand, among other factors, have made the ground fertile for new hotel supply. How will the growing pipeline of new hotels impact hotel […]
US hotel profits will exceed 2007 levels in 2015
Results from the 2015 edition of Trends® in the Hotel Industry,an annual report recently released by PKF Hospitality Research (PKF-HR), a CBRE Company, reveal that U.S. hotels (on a unit-level same-store sales […]
Redefining weekday hotel business
An analysis from STR Analytics looks at Hotel weekday versus Hotel weekend performance in the top 25 U.S. markets. When analyzing daily data, weekdays and weekends behave differently. Across many […]
Spring Travel Heats Up with New Group Reservations Leading the Charge
Hotels in major North American markets continued to maintain positive growth in rate according to data from the April 2015 TravelClick North American Hospitality Review (NAHR). TravelClick’s data reports new […]
US ski resorts continue strong revenue performance run
The North American ski community gets together each year during the Mountain Travel Symposium. STR, parent company of Hotel News Now, has been invited for the past few years to […]
My Place Hotels of America selects Revcaster to standardize and optimize rates
My Place Hotels of America, LLC, an expanding chain that meets the demands of the economy traveler with properties in 7 states implemented Revcaster competitive data intelligence to standardize and […]
U.S. Business Travel on the Rise Despite Dwindling Perks
While business travel spending and trips are both on the rise in the U.S., according to the latest forecast from the Global Business Travel Association, many of the perks road […]
Real rate vs nominal rate: Where are we?
Is inflation masking the current strength of ADR? For the total U.S., real ADR priced in 2014 about the same rate it did in 1999 and 2006. Much has been […]
U.S. Hotel Occupancy and RevPAR To Hit Record High In 2015
The U.S. lodging industry will continue to achieve very strong growth in rooms revenue per available room (RevPAR) during both 2015 and 2016 according to the recently released March 2015 […]
Average U.S. Hotel Prices Increased By Five Percent in 2014
Americans paid an average of $137 per night for hotel accommodations in the U.S. during 2014 – an increase of 5 percent compared to 2013. The new findings from the […]