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...
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...
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...
CoStar: U.S. Hotel Performance Increases as Expected
WASHINGTON—As expected, U.S. hotel performance increased from the previous week, according to CoStar’s latest data through Dec. 2, 2023.
U.S. Hotel Performance
November 26-December 2, 2023...
CoStar: Group Demand Impacts October P&L Data
WASHINGTON—Improvement in group demand across the Top 25 Markets drove U.S. hotel revenue and profit growth, according to October P&L data from CoStar.
October 2023...
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Controlling Utility Costs: Volatile Market Conditions Call for a Focus on Contracts and Energy...
Over the past four years, utility costs at U.S. hotels have increased at a pace greater than total operating revenue. As a result, utility...
The Bentley Hotel Southampton to Join JdV by Hyatt Brand
CHICAGO, Illinois—Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality,...
Gale Miami Hotel and Residences Partners With Stayntouch
BETHESDA, Maryland—Stayntouch announced a new partnership with Gale Miami Hotel and Residences, a 51-story, 688-room hybrid apartment/hotel in downtown Miami, Florida, set to open...
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