Markets & Performance Reports - Hospitality Net

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February 17, 2023

The Latino Hotel Association Releases Inaugural Hotel & Entrepreneurship Investment Report

The Latino Hotel Association released the 2023 inaugural Latino Hotel and Entrepreneurship Investment (LHEI) Report showcasing data and research detailing Hispanic entrepreneurship, economic and population growth, and specific opportunities and barriers to Latino business ownership within and outside the hospitality industry. The LHEI report advocates for specific policy needs necessary for Latinos to navigate the steps required to own and invest successfully in hotels and demonstrates the importance of Latino ownership to hotel chains seeking franchise owners.

Latino Hotel Association (LHA)

February 9, 2023

h2c's Global Hospitality Distribution Study Report

The corona crisis had at least one positive effect on hospitality, which is only slightly proven by hard numbers: Online direct bookings soared up last year. Based on the responses of 96 hotel chains worldwide, representing over 2 million rooms, website bookings increased to 20% of total hotel revenue in 2022, nearly doubling from 2017 levels (10%), when h2c conducted its first Distribution study.

February 8, 2023

Poland Hotels & Chains Report 2023

A very warm welcome to this latest edition of the Horwath HTL Poland Hotels and Chains report.

January 31, 2023

REPORT: Hotels Continue to Recover in 2023 as Industry Begins New Era of Operations

The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report.

January 30, 2023

Despite Circumstances, Hotel Market Expected to Rise in 2023, According to Christie & Co's Annual Business Outlook Report

Hotel real estate specialist Christie & Co has released its annual Business Outlook 2023 report - “Finding Clarity”, which highlights key hotel market activity, trends and challenges in 2022 and provides forecasts for 2023.

Christie and Co.

December 19, 2022

Knowland and ConferenceDirect Release 2023 State of the Meetings Industry Report

Today, Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, and ConferenceDirect, a full-service global meetings solution company, announced the results of a survey entitled, 2023 State of the Meetings Industry. The collaboration reveals insights to help industry professionals understand what meeting planners and event managers expect and will prioritize in 2023.

The Knowland Group

September 9, 2022

[REPORT] Leisure and Hospitality Employment

While the overall U.S. jobs market has now surpassed pre-pandemic levels, the Leisure & Hospitality (L&H) industry still remains far behind in its recovery of lost, and desperately needed, jobs.

U.S. Travel Association

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The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

July 28, 2022

Report: Hotels’ Recovery Continues, Workforce Challenges Remain

Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA)’s 2022 Midyear State of the Hotel Industry Report. Hotel room revenue is projected to surpass $188 billion by the end of 2022, eclipsing 2019 figures on a nominal basis. When adjusted for inflation, however, revenue per available room (RevPAR) is not expected to surpass 2019 levels until 2025.

July 15, 2022

WTTC launches new report on best practices for short-term rentals

The World Travel & Tourism Council (WTTC) has launched a new ground-breaking report that outlines recommendations and best practices for jurisdictions to manage short-term rentals – a fast growing and important segment of the Travel & Tourism sector.

February 6, 2020

5 insights into the 2020 forecast for US hotels

The odds of the U.S. economy entering a recession in 2020 have fallen to around one in four, according to Tourism Economics President Adam Sacks, but an inevitable slowdown in economic growth is a reality that the travel and hotel industries will have to live with for the foreseeable future.

January 25, 2020

Hotel Values Moderate, Cap Rates Stable

Despite increasing concerns about a global economic slowdown, the trade war, and geopolitical risks, the U.S. hotel transaction market remained healthy and active in 2019. According to preliminary data generated by Real Capital Analytics (RCA), total sales volume declined by 15%, from $43.6 billion in 2018 to $37.1 billion in 2019, though as will be illustrated, the decline was due primarily to lower portfolio sales activity.

By Suzanne Mellen, Senior Managing Director - Practice Leader, San Francisco, HVS

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

December 17, 2019

Luxury Hotels: Elevated Occupancy and Expenses

Despite the relatively high cost of construction and complexity of operations, developers are still attracted to owning and managing luxury hotels. As of August 2019, STR reports that just 0.7 percent of the hotels (2.3% of rooms) in the United States are chain-affiliated luxury hotels. Concurrently, the STR pipeline report shows that 1.2 percent of the properties (2.9% of rooms) either under construction or planned for development meet this criterion.

By Mark Woodworth and Robert Mandelbaum

December 5, 2019

Recovery continues in French travel market

Following several challenging years, recovery continues in the French travel market, according to Phocuswright's latest travel research report, France Online Travel Overview 2019. Since the election of reformist President Emmanuel Macron in 2017, the country has reduced its budget deficit while curtailing unemployment and restoring consumer confidence. Unfortunately, the country's reputation as a destination was badly affected by the violent Yellow Vest protests in early 2019, which disrupted locals and tourists alike. And the travel sector's reputation has also been tarnished by several high-profile bankruptcies in late 2019, most notably the collapse of industry giant Thomas Cook and the failures of the number two and three French airline players — XL Airways France and Agile Azur. Though unrelated, these near-simultaneous events have cast an air of malaise over the French travel market, casting a dark shadow over what would otherwise have been a stellar year.

November 29, 2019

Trump Hotel prices down 16% since Trump became president

International travel money expert Equals has revealed the cost of a stay in Trump hotels around the world is currently 16% lower than the weekend of the presidential inauguration in January 2017, equivalent to an average price drop of £661 per room.

November 13, 2019

Context matters: HSMAI members on signs of a downturn

Where the industry stands in terms of a downturn remains a question for many, and sales and marketing experts are no exception. During a recent think tank held in conjunction with the Hospitality Sales and Marketing Association International's Sales Leader Forum near Dallas, Allison Handy, SVP of sales, marketing and revenue optimization at Prism Hotels & Resorts, posed this question: "Is our industry creating its own recession?"

September 18, 2019

Managing RevPAR For Profits

Per the name, the historical role of revenue managers has been to maximize revenue - specifically rooms revenue or RevPAR. RevPAR growth is achieved by increasing occupancy and/or average daily rates (ADR).

By Bram Gallagher and Robert Mandelbaum

August 20, 2019

U.S. Hotel Interest Coverage

According to the March 2019 edition of CBRE's Hotel Horizons® forecast report, RevPAR growth for the U.S. lodging industry will be limited to under 2.5 percent through 2020. Further, CBRE is projecting a 0.6 percent decline in RevPAR for 2021 as CBRE expects the economy to slow down during the year. The combination of modest increases in revenue and rising operating expenses (especially labor) make hotel owners and operators nervous about their ability to enjoy profit growth the next few years.

By Jack Corgel and Robert Mandelbaum

July 8, 2019

How the UEFA Champions League Final Impacted Madrid Hotel Profits

Hosting a premier sporting event isn't just a mark of stature—it can be a boon for the city's hotel industry. From the Super Bowl and the World Series in the U.S., to the World Rugby Sevens Series held in a variety of locations, from the UAE and South Africa, to New Zealand and Hong Kong, sporting events are a facilitator of traveler demand.

By David Eisen, Content Director, Media, Questex

July 2, 2019

Brussels Hotel Market – Recovery Now Complete

Brussels, with a population of approximately 1.2 million, enjoys a strategic location in the heart of Western Europe, making it both a regional metropolis and an international hub. In addition to its role as capital of Belgium, the city is home to NATO's headquarters and is widely known as the 'capital of Europe', hosting both the European Parliament and the European Commission. Described as the 'new Berlin' by the New York Times in 2015, an eclectic and creative facet of Brussels has recently emerged, represented by its community of artists, architects and designers.

By Sophie Perret and Lionel Schauder

Brussels, Belgium

June 10, 2019

HotStats Releases U.S. Annual Hotel Performance Tracker 2019

HotStats, the global leader in monthly profitability data benchmarking for the hotel industry, has released findings of U.S. hotel performance for 2018, in its "Profit Matters: U.S. Annual Report Performance Tracker."