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...
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...
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...