CoStar: U.S. Hotel Industry Reports Lower Performance From November

WASHINGTON—As expected, the U.S. hotel industry reported lower performance results from the previous month but improved year-over-year comparisons, according to November 2023 data from...
December 2023 U.S. hotel performance

CoStar: U.S. Hotel Performance Lowers But Shows Positive Comparisons

WASHINGTON—U.S. hotel performance was expectedly lower from the previous week, but year-over-year comparisons were positive, according to CoStar’s latest data through Dec. 16, 2024. U.S....
hotel spas

Supporting Revenue Health: Hotel Spas Were Valuable Contributors During the Recession

As of year-end 2022, the average hotel in CBRE’s Trends in the Hotel Industry survey sample had surpassed its 2018 total revenue figure by...
commercial real estate investment

CBRE Releases 2024 U.S. Real Estate Outlook

DALLAS, Texas—CBRE foresees economic growth slowing in 2024, though a recession may be avoided and real estate transaction values will decline further, creating compelling...
December 2023 U.S. hotel performance

CoStar: U.S. Hotel Performance Continues Increasing Week Over Week

WASHINGTON—U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 9, 2023. U.S. Hotel Performance December 3-9, 2023 Percentage change from comparable...
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100 properties in Europe

Marriott Plans to Add 100 Properties in Europe Through 2026

From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. announced plans to add nearly 100 properties and over 12,000 rooms to its...
Kenneth Fearn

Calling His Shots: Industry Veteran Kenneth Fearn Prioritizes Need for More Diverse Hotel Ownership

When Kenneth Fearn entered the lodging industry a couple of decades ago, many of the diversity and inclusion programs that now exist were just...

Cvent Passkey to Integrate With Maestro’s PMS Solution

TYSONS, Virginia—Cvent and Maestro PMS announced an integration between Cvent’s room block management system, Cvent Passkey, and Maestro’s leading all-in-one property management system solution....
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