CoStar: P&L Data Shows Improvement in Group Business

WASHINGTON—Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023...

CBRE: Investors to Purchase More U.S. Commercial Real Estate in 2024

DALLAS—Investors are poised to purchase more U.S. commercial real estate in 2024 as they anticipate improved credit conditions as interest rates fall later this...
U.S. hotel performance

CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed

WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 27, 2024. U.S. Hotel Performance January...

STR: Las Vegas ADR Expected to Reach Highest Level of Any Super Bowl Weekend

HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. 9-11, 2024, which would be the highest level for...
U.S. hotel performance

CoStar: U.S. Hotel Performance Decreases, Comparisons Remain Mixed

WASHINGTON—U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 20, 2024. U.S. Hotel...
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Origin Hotel

A Louisiana-Style Guest Getaway

Opened in January, the Origin Hotel Baton Rouge, a Wyndham Hotel, is housed in the Baton Rouge Savings & Loan Association Building, which is...

Booking.com: Annual Research Shows New Challenges With Sustainable Travel

AMSTERDAM—Booking.com released research with insights gathered from more than 31,000 travelers across 34 countries and territories, exploring the latest consumer attitudes, priorities, and influences...

Marriott Verifies Emissions Reduction Targets With SBTi

Marriott International, Inc. has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global...
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