U.S. hotel results for week ending 7 March
Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.
Las Vegas led gains with RevPAR up 90.5% driven by CONEXPO trade show, while New Orleans declined against tough Mardi Gras comparisons.
London hotels maintained 46.8% GOP margin despite RevPAR declining 0.9% through efficient cost management and utility savings.
UK hotel investment fell 23% to £4.9bn in 2025, with single-asset deals rising 37% while portfolio activity dropped due to financing constraints.
GBTA supports EU Parliament's exclusion of business travel from revised Package Travel Directive, providing regulatory clarity for corporate travel services.
Wage costs per occupied room jumped 12.8% in 2025 to $48.32, with Q4 showing a sharp 21.1% spike as productivity gains failed to offset rising labor expenses.
Survey of 300 planners and 1,000 attendees shows 63% cite travel costs as key concern while 72% factor crime levels into destination selection.
Survey of 214 TMC leaders across 10 countries shows 95% optimism for business travel growth but only 30-40% confidence in meeting rising traveler demands.
Park City leads with 19.89% pricing growth while 75% of US hotel markets saw rates decline in early 2026.
Analysis shows Montreal's seasonal STR ban will create 26,000-night shortfall during 2026 Formula 1 and cycling events, costing $19M in visitor spending.
WTTC analysis shows Middle East regional hubs processing 526,000 daily passengers face closures, but tourism can recover in two months with proper government support.
International arrivals hit 18.7 million while pandemic closures created a structural room shortage, pushing luxury hotels toward KRW 1 million ADRs.
The 2025 Australia Accommodation Barometer surveyed 250 industry executives, revealing 64% rate past performance as good/very good with plans to hire 7.4 employees per property on average.
Four major travel organizations launch campaign urging Congress to pay TSA and aviation workers during shutdowns after security staff face unpaid work.
Mabrian data shows Middle East conflict caused security perception to plummet across GCC destinations, with Bahrain dropping 81 points and early signs of demand shifting to Europe and Asia.
National occupancy held steady at 62.8% while ADR and RevPAR both declined 0.2%, with San Francisco leading gains and New Orleans posting steepest drops.
GlobalData projects China's domestic trips will reach 4.08 billion by 2029 while outbound departures hit 176.65 million, driven by youth demand and premium experiences.
The 60th anniversary event generated €47 billion in business deals despite Middle East flight disruptions, featuring Angola as host country and announcing Maldives for 2027.
The region shows strong luxury hotel potential with Almaty leading at 69.5% occupancy and ADR reaching USD 180-400, while emerging markets like Kyrgyzstan and Tajikistan lack international luxury brands.
Only three EMEA destinations saw RevPAR and GOPPAR declines, with Eastern and Southern Europe leading regional growth despite rising construction costs.
CoStar data shows Milan averaged 83.4% occupancy during the Winter Olympics, with luxury properties posting RevPAR gains of 321.9% year over year.