This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
hotel forecast revision of 2024. percent, after the previous forecast projected the metric to remain steady from 2023. percent, after the previous forecast projected the metric to remain steady from 2023. Hotel Forecast in Final Revision of 2024 appeared first on LODGING Magazine. percentage points to +1.5 ppts to +1.4
No limits.” […] The post HUNTER Conference Kicks Off With Market Report and Forecast appeared first on LODGING Magazine. Lee Hunter, Chairman of the Hunter Hotel Investment Conference, shared, “This year’s conference theme comes about as a profound sense of purpose.
DALLAS, Texas—CBRE reduced its forecast for U.S. Hotel Performance Forecast, Lodging Demand Softens appeared first on LODGING Magazine. hotel performance this year as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2 percent estimated in May 2024.
hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a.5 This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. percent in August.
The progress has resulted in a rate adjustment approach that is both more efficient and highly personalized, based on multiple data sources from guest demographics to current market conditions.
Skift Take: There are economic pressures and segment-specific challenges, such as growing supply in the luxury market. Sean O'Neill Read the Complete Story On Skift
Skift Take: CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O'Neill Read the Complete Story On Skift
Skift Take: Despite strong performance elsewhere, weakness in Greater China — Marriott's second-largest market outside the U.S. — has led to a slight downward revision in the company's full-year RevPAR growth forecast. Sean O'Neill Read the Complete Story On Skift
TFE Hotels is an owner, manager and developer and we see their impressive presence in multiple markets – which includes more than 50 properties in Australia, a strong pipeline of properties and ties to Singapore and Europe – as complementary to our vision for the future,” said Heritage Hotels’ Managing Director, Jeffrey Tang.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content