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Hotels See Growth in Bookings Across Travel Segments

Hotels See Growth in Bookings Across Travel Segments

NEW YORK—Hotels in major North American markets are continuing to experience steady growth in both rate and occupancy across travel segments, according to data from the July 2014 TravelClick North American Hospitality Review (NAHR). “While the transient segment has been ...

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U.S. Hotels in Profitable Portion of Recovery Cycle

U.S. Hotels in Profitable Portion of Recovery Cycle

Despite the slowdown in the pace of revenue per available room (RevPAR) growth in 2013, U.S. hotels were able to sustain strong gains in net operating income (NOI) during the year. Looking forward, the combination of rising average daily rates ...

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PKF: Good Times Ahead for Lodging Industry

PKF: Good Times Ahead for Lodging Industry

ATLANTA, Ga.—PKF Consulting USA (PKFC) today released the results of its annual Hospitality Investment Survey, which revealed that hospitality investment indices continue to operate at optimal performance levels. According to the survey results, hotel profits are up, debt is more ...

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