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Los Angeles Hotels Broke Records in 2013

Los Angeles Hotels Broke Records in 2013

LOS ANGELES—Los Angeles Mayor Eric Garcetti and Los Angeles Tourism and Convention Board (LA Tourism) President and CEO Ernest Wooden Jr. announced that Los Angeles welcomed a record 42.2 million visitors in 2013, a 2 percent increase over 2012’s 41.4 ...

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U.S. Hotels Poised for Growth in 2014

U.S. Hotels Poised for Growth in 2014

ATLANTA, Ga.—After a slight deceleration in growth during the last half of 2013, U.S. hotels should see strong gains in revenues and profits in 2014 and 2015 according to PKF Hospitality Research (PKF-HR). According to the recently released December 2013 ...

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U.S. Lodging Sector Performance Remains Robust

U.S. Lodging Sector Performance Remains Robust

NEW YORK—An updated lodging forecast released by PwC US shows favorable gains in hotel performance are continuing in the second half of 2013, and, assuming a fiscal policy resolution is reached, improving economic conditions are expected to help support further ...

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Hotels.com Reveals Mobile Booking Trends

Hotels.com Reveals Mobile Booking Trends

DALLAS—Mobile devices have become an integral part of the travel experience. Since 2011, Hotels.com has had over 20 million downloads of its mobile hotel booking app, proving that millions of people are adapting to the mobile way of life, especially ...

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Transient Continues to be Key Driver of Hotel Growth

Transient Continues to be Key Driver of Hotel Growth

NEW YORK—As hotels experience growth in both occupancy and average daily rate (ADR), the transient segment —made up of individual business and leisure travelers—continues to drive this growth, according to data from the September 2013 TravelClick North American Hospitality Review ...

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