The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, today announced its latest Economic Impact Research which found that the U.S. is on track to lose a staggering $12.5BN in international visitor spending this year.
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 3 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
With global travel trends shaped by a mix of factors, the upcoming months feel more unpredictable when it comes to traveler confidence and the impact on hotel performance. With the potential for lower international inbound arrivals emerging as a key concern, STR conducted a projection to assess the possible impact on U.S. hotel demand.
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 26 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
The Global Business Travel Association (GBTA) unveiled new insights and outlooks for the Canadian business travel sector during its 2025 Canada Conference, held April 28-30 in Toronto. Marking a pivotal time for business travel in Canada, GBTA welcomed over 670 registered attendees including corporate travel managers (190), suppliers and other attendees, along with 62 companies exhibiting in the sold-out expo, from across Canada and beyond for this regional event, now in its 21st year.
Canada’s hotel industry reported mixed year-over-year performance in March, according to data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
As expected due to the Easter and Passover holidays, the U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through 19 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Due to the Easter holiday shift, the U.S. hotel industry reported mixed performance results year over year, according to March 2025 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The U.S. hotel industry reported mostly flat year-over-year comparisons, according to CoStar’s latest data through 12 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Dreamscape Hospitality, a Dallas-based visionary hospitality management company, proudly marks its one-year anniversary, celebrating a year of dynamic growth, strategic partnerships, and operational excellence. In just twelve months, the company has rapidly expanded its footprint across the U.S. and established itself as a trusted hospitality management firm for a wide variety of hotel owners and partners.
Castle Peak Holdings, the investment firm behind the Trailborn hospitality brands, has acquired Snow King Resort, with plans to bring Trailborn to Wyoming's premier four season mountain destination
Hotels in the United States recorded moderate yet meaningful gains across key performance indicators, according to HotStats February data. Total Revenue per Available Room (TRevPAR) rose by 6.1%, while Gross Operating Profit per Available Room (GOPPAR) increased 6.5%. The Gross Operating Profit Margin (GOP%) also saw a slight improvement, up 0.1 percentage points.
In the years that followed the COVID-19 pandemic, the market experienced a gradual recovery, with ADR rebounding faster than demand due to strong pricing strategies and resilient leisure travel. By 2023, rooms revenue surpassed pre-pandemic levels despite hotel room-night demand remaining below the 2019 figure. In 2024, demand and occupancy remained relatively flat, with weaker convention-related travel. Despite softness in the citywide group segment, leisure and business travel have recorded steady growth over the last few years, fueled by increasing tourism, strategic investments in infrastructure, and the city’s ongoing efforts to enhance its appeal as a hub for both leisure and business travelers.
As a result of recent US government actions including tariffs, cross-border policies and entry restrictions, global business travel professionals are newly navigating a complex and uncertain landscape regarding the potential impact on business travel volume, spending and revenue for 2025. According to a new poll conducted by the Global Business Travel Association (GBTA), a significant portion of over 900 global industry respondents are anticipating declines ahead and overall optimism has taken a hit in the last few weeks, reflecting the uncertainty gripping the sector and other industries.
HVS Asset Management & Advisory is delighted to announce the addition of two new asset-management agreements in Galveston, Texas, for the Beachfront Palms Hotel and the Quality Inn & Suites Galveston - Beachfront, effective April 15, 2025. This assignment continues HVS’s expansion in the asset-management arena.
As Los Angeles continues to recover from the long-term effects of the pandemic and most recently the devastating wildfires, a new report released today by the American Hotel & Lodging Association (AHLA) found that the city’s recovery of international visitors from 2019 levels lags behind every other major U.S. city. Coupled with the recent wildfires and the potential passage of legislation before the City Council, the tourism industry is facing significant challenges that have already led to hotel closures and job losses that are contributing to the city’s prolonged recovery and increasing budget shortfall.
AAHOA, the world's largest hotel owners association, has entered into a strategic partnership with Kalibri Labs, the leading authority on hotel performance analytics. Together, the organizations have launched a nationwide investigation into the effects of recent federal policy changes and anticipated industry challenges.
Given the current state of U.S. economic uncertainty, LARC has issued a statement pertaining to the implications of that uncertainty on the U.S. lodging industry. You can read the full statement here, while below are some highlights.
The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 5 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry.