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Hotel Data Conference Reveals Key Industry Metrics

Hotel Data Conference Reveals Key Industry Metrics

Economic headwinds, sluggish average daily rate (ADR) growth, lack of group demand, government travel cuts, and rising transient demand were hot topics at the fifth annual Hotel Data Conference at Loews Vanderbilt Hotel in Nashville this week. During the opening ...

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Detroit Hotel Market is Shifting Gears

Detroit Hotel Market is Shifting Gears

Following three years of consecutive RevPAR growth and occupancy gains, Detroit has repositioned itself as a key hotel market. With the ongoing recovery of the auto industry and revival of the downtown corridor, hoteliers are starting to see Detroit as ...

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U.S. Hotels Expected to See a 6.1 Percent RevPAR Increase

U.S. Hotels Expected to See a 6.1 Percent RevPAR Increase

ATLANTA, Ga.—Despite news of “fiscal cliffs” and “sequesters” coming out of Washington D.C., the U.S. lodging industry is forecast to continue to achieve strong gains in both revenue and profits in 2013. According to the recently released March 2013 edition ...

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PKF Predicts Growth Into 2016

PKF Predicts Growth Into 2016

According to PKF Hospitality Research LLC, the U.S. lodging industry continues the extremely healthy upward trend it began in 2Q10, with ongoing gains in all the major business measurements: lodging demand, occupancy,average daily rate (ADR), and revenue per available room ...

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