August 2023

CoStar: U.S. Hotels Show Overall Lower Performance

WASHINGTON—U.S. hotel performance declined from the previous week and showed lower comparisons year over year, according to CoStar’s latest data through August 5, 2023....
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STR and TE Revise U.S. Hotel Forecast, Lower Growth Projections

NASHVILLE—STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-2024 U.S. hotel forecast presented at the Hotel Data Conference. For 2023, growth...

CoStar: U.S. Hotel GOPPAR Fell for Second Consecutive Month

WASHINGTON—U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month, according to CoStar's June 2023 P&L...

CoStar: U.S. Hotel Performance Declines From Previous Week

WASHINGTON—U.S. hotel performance declined slightly from the previous week but showed improved comparisons year over year, according to CoStar’s latest data through July 29,...

CoStar: U.S. Hotel Occupancy Reaches Highest Level Since 2019

WASHINGTON—U.S. hotel performance increased from the previous week and showed improved comparisons year over year, according to CoStar’s latest data through July 22, 2023. U.S....
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Choice Hotels Publishes 2023 ESG Report

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice's latest initiatives to drive sustainability across...
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World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith

CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique...
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Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there...
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