Skip to main content
Hospitality Net
Work with us
Home Following
AI in Hospitality TV Podcast World Panel Events
Advertisement

Reports

USA & CanadaMarkets & PerformancePage 3
Logo 'HVS International'
Report
March 18, 2019

HVS Market Pulse: Detroit, MI

Detroit's image of a proper rust-belt city in the depths of despair during the Great Recession and the subsequent filing of bankruptcy in 2013 has been reshaped into an inspiring story of resilience and resurgence. Detroit's economy is strong, with unemployment decreasing every year since 2014 and an employment base that continues to diversify. While the economic mainstays—General Motors, Ford, and Fiat Chrysler—still thrive in the city, other major employers belong to the financial and healthcare sectors; moreover, the technology sector continues to grow.

Brandon Leversee
By Brandon Leversee, Vice President with HVS Detroit, HVS
Detroit, Minnesota, United States
Logo 'HVS International'
Report
March 1, 2019

HVS Market Pulse: Minneapolis - After the Super Bowl

Surrounded by the beauty of lakes and the Mississippi River, Minneapolis is home to many Fortune 500 companies and more than 11,000 hotel rooms. High quality of life, diversity of employers, and leisure attractions continue to entice demand and an ensuing level of hotel development to the area.

Tanya PiersonJustin Westad
By Tanya Pierson and Justin Westad
Minneapolis, Minnesota, United States
wallstreetjournal
Report
February 13, 2019

Slowing U.S. Hotel Growth Could be Worst in 10 Years

Growth in the booming U.S. hotel industry is cooling off, data tracker STR forecasts, setting the stage for the lodging industry's worst stretch since 2009. 

wallstreetjournal
The Wall Street Journal
United States
Logo 'HVS International'
Report
December 21, 2018

2019 United States Hotel Industry Outlook

We live in interesting times. Each day, we cannot be sure which way the stock market will swing, with its volatile nature and seemingly knee-jerk reactions to the trade and policy headline of the day. If the stock market serves as a leading indicator of times to come, the economy in 2019 is likely to slow in comparison to the one to which we've become accustomed. Despite this trajectory, other factors still signal that the hotel industry isn't likely falling off a cliff anytime soon.

Rodney Clough
By Rodney Clough, President - HVS Americas, Denver, HVS
United States
PKF Hospitality Research
Report
October 22, 2018

U.S. Lodging Performance Fell Short Of Budget In 2017

In 2017, the actual achieved levels of occupancy, average daily rate (ADR), total revenue and profits for U.S. hotels were less than their respective budgeted amounts. After a five-year period (2011 through 2015) of extremely accurate budget projections, this marks the second consecutive year that owners and operators failed to meet their operating goals.

Robert Mandelbaum
By Robert Mandelbaum, Director of Research Information Services, CBRE Hotels
United States
RAR Hospitality
Report
October 4, 2018

Hotel Industry – Q4 2018 and Beyond

Many of us who attended The Lodging Conference this past month heard Bernard Baumohl, Chief Economist for the Conference Board, provide his economic forecast. He covered topics in his usual fast, effective and entertaining style. Some interesting takeaways were that business spending is not up much, oil is going to see oversupply and is up markedly due to politics (not the market), and GDP will be up 3 percent this year, 2.2 percent next year and 1.4 percent in 2020, according to the Consensus Forecast.

Bob Rauch
By Bob Rauch, President of RAR Hospitality, R.A. Rauch & Associates, Inc.
United States
TravelClick, Inc.
Report
September 20, 2018

North American Hoteliers Kick Off Second Half of 2018 with Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness

TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company's August 2018 North American Hospitality Review (NAHR). According to this data, the second half of the year has stable rates and bookings across all travel segments, up 1.80 percent in average daily rates (ADR) and 0.51 percent in bookings in the third quarter when compared to the prior year. Group travel in Q3 is also up 1.81 percent in ADR and 0.50 percent in bookings, and the transient segment overall is up 1.80 percent in ADR and 0.52 percent in bookings in the same time period.

TravelClick, Inc.
TravelClick, Inc.
United States
Ad Guide
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. 

Mews
Mews
Ad Investment Guide
Which Hotel Tech Should Come First?

A practical framework to identify priorities, align stakeholders, and invest smarter.

Amadeus Hospitality
Amadeus Hospitality
PKF Hospitality Research
Report
September 20, 2018

Ten Years Later: Has The U.S. Lodging Industry Really Recovered?

Lodging is a cyclical industry meaning that it passes over time through four distinct phases: peak, contraction, trough and expansion. Most industry participants believe that 2007 was the previous peak of the current business cycle following six years of expansion from the 2001 industry recession. According to STR, the demand for lodging increased for six consecutive years from 2002 through 2007, while average daily room rates (ADR) grew in excess of 4.5 percent during the latter four years. Per CBRE Hotels' Trends® in the Hotel Industry survey, gross operating profits (GOP) were growing at a 10 percent annual pace leading up to 2007.

Keval RamaRobert Mandelbaum
By Keval Rama and Robert Mandelbaum
United States
RAR Hospitality
Report
September 7, 2018

To Q3 and Beyond: Hotel Industry Forecast for San Diego, Arizona, Colorado, and Other U.S. Markets

U.S. Economy

Bob Rauch
By Bob Rauch, President of RAR Hospitality, R.A. Rauch & Associates, Inc.
United States
Logo 'HVS International'
Report
August 23, 2018

HVS Market Pulse: Greater Phoenix, AZ

Following several years of strong RevPAR growth leading up to Super Bowl XLIX in 2015, growth in the Phoenix market has slowed somewhat. ADR growth was modest in 2016, as much of the market experienced a post-Super Bowl correction, but ADR rebounded in 2017. Occupancy growth has remained relatively modest since 2016, slowing even more in 2017 but remaining positive. Year-to-date data through May 2018 illustrate modest increases in both occupancy and ADR, resulting in moderate RevPAR gains.

Michael Smithson
By Michael Smithson, Senior Project Manager at HVS Phoenix, HVS
Phoenix, Arizona, United States
Logo 'HVS International'
Report
July 24, 2018

HVS Market Pulse: Tucson, AZ

The Tucson lodging market often lives in the shadow of its bigger sibling, Phoenix. And while meeting and group demand in both markets is driven by Arizona's idyllic weather during the winter and spring, differences in local dynamics paint significantly different pictures in terms of leisure and commercial demand.

Michael Smithson
By Michael Smithson, Senior Project Manager at HVS Phoenix, HVS
Tucson, Arizona, United States
PKF Hospitality Research
Report
July 17, 2018

Cost Controls Perpetuate U.S. Hotel Profit Growth In 2017

U.S. hoteliers enjoyed an eighth consecutive year of increasing profits in 2017 despite another slowdown in the rate of revenue growth. According to the 2018 edition of Trends® in the Hotel Industry, total operating revenue increased by 2.0 percent in 2017 for the average hotel in its survey sample. Fortunately, by limiting the growth in operating expenses to 1.9 percent, managers at the Trends® properties realized a 2.2 percent increase in gross operating profits (GOP) for the year.

Robert Mandelbaum
By Robert Mandelbaum, Director of Research Information Services, CBRE Hotels
United States
TravelClick, Inc.
Report
May 31, 2018

U.S. Hotel Rates and Bookings Continue Growth Throughout First Half of 2018 - TravelClick Reports

TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company's May 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers continue to experience significant growth in the second quarter of 2018 across all travel segments, up 2.7 percent in average daily rates (ADR) and 1.4 percent in bookings.

TravelClick, Inc.
TravelClick, Inc.
United States
Logo 'HVS International'
Report
May 8, 2018

HVS Market Pulse: Lake Charles Metro Area

The following article outlines the impact of industrial growth in Metro Lake Charles on the area's hotel industry.

Bunmi Oyinloye
By Bunmi Oyinloye, Senior Vice President, Leader - Houston Office, Houston, HVS
Lake Charles, Louisiana, United States
Ad Investment Guide
Which Hotel Tech Should Come First?

A practical framework to identify priorities, align stakeholders, and invest smarter.

Amadeus Hospitality
Amadeus Hospitality
Logo 'HVS International'
Report
April 30, 2018

Market Pulse: Annapolis, MD

Annapolis, Maryland's capital, is a historic seaport located 30 miles south of Baltimore and 30 miles northeast of Washington, D.C. Annapolis relies on tourism, state and local government activity, and renowned institutions of higher education for its economic livelihood. The Annapolis hotel market has been very stable over the last five years, with no proposed hotel development on the horizon. There have, however, been two hotel transactions in the last year, indicating the attractiveness and economic viability of this high-barrier-to-entry market to investors. Average rates for the city's hotels have risen steadily since the recession given the limited entrance of new supply, coupled with economic development in Annapolis and Anne Arundel County, as well as overall growth in the Washington, Baltimore, and the greater Mid-Atlantic region. The following article highlights several the fundamentals of the Annapolis economy and lodging market, as well as area development projects.

Chelsey LeffetMarcus Lee
By Chelsey Leffet and Marcus Lee
Annapolis, Maryland, United States
PKF Hospitality Research
Report
April 24, 2018

The Outlook For U.S. Hotel Profits In 2018

Since 2014, U.S. lodging industry owners and operators have seen a steady decline in the pace of revenue growth. In 2014, rooms revenue per available room (RevPAR) increased by a healthy 8.2 percent according to STR. Per the December 2017 edition of CBRE's Hotel Horizons®, RevPAR is forecast to increase by just 2.5 percent in 2018. Facing lackluster revenue growth, hotelier's sights are now focused further on down the operating statement to determine what the impact of slow top-line gains will be on bottom-line profits.

Robert MandelbaumBram Gallagher
By Robert Mandelbaum and Bram Gallagher
United States
Logo 'HVS International'
Report
April 20, 2018

HVS Market Pulse: Birmingham, AL

Birmingham's economy is largely driven by the healthcare sector, with top employers such as the UAB Health System, Baptist Health System, and St. Vincent's Health System, whose hospitals and clinics are expected to change their name to Ascension. The name change is part of a greater effort to coordinate healthcare efforts across the entire Ascension system, which is the largest chain of Catholic hospitals in the world. The UAB Healthcare System is also undergoing some changes. U.S. News & World Report's top ranked hospital in Alabama added seven operating rooms to the Callahan Eye Hospital in April 2017, while in August 2017, a new, 60,000-square-foot expansion of the John N. Whitaker Building opened. Known as the Whitaker Clinic, the new facility includes primary care, dermatology, podiatry, and rheumatology clinics. Additionally, the Ronald McDonald House Charities of Alabama's three-story, 28,543-square-foot addition opened in January 2018. The healthcare sector is the largest demand driver for hotels in and around Downtown Birmingham, with year-round demand driven by patients, relatives of patients, doctors, and pharmaceutical sales representatives.

Benjamin Levin
By Benjamin Levin, Chief Investment Officer, Cliffrose Group
Birmingham, Alabama, United States
Logo 'HVS International'
Report
April 19, 2018

HVS Market Pulse: New Orleans, LA

New Orleans has continually been voted one of the top leisure destinations in the country; in 2017, the city and select institutions ranked top on lists from Condé Nast Traveler, Travel + Leisure, Southern Living, and Food & Wine, among others. By March 2018, the city had earned new accolades from almost 30 publications, notably starting off the year as the first stop on the New York Times' "52 Places to Go in 2018." The city's visibility increased in many ways in 2017, from hosting the relocated NBA All-Star Game, to providing the backdrop for the movie Girl's Trip, and counting down to 2018 for the central time zone on Dick Clark's New Year's Rockin' Eve. While the hospitality industry remains a mainstay of this Louisiana market, continued development in the CBD should help bolster activity in the city.

Lauren Hock
By Lauren Hock, Senior Vice President and Leader of HVS New Orleans, HVS
New Orleans, Louisiana, United States
TravelClick, Inc.
Report
March 29, 2018

Spring Hotel Outlook Shows Stability and Consistency in North American Markets

TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today released new data from the Company's March 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers are continuing to see growth across all travel segments, up 0.7 percent in average daily rates (ADR) and 1.7 percent in bookings during the first quarter of 2018. This marks an ongoing positive trend from the beginning of the year.Transient travel in particular is experiencing solid growth in bookings, up 2.2 percent overall, 1.7 percent in transient business and 2.6 percent in transient leisure. This segment is also seeing a boost in revenue per available room (RevPAR), up 3.3 percent for transient travel overall, 2.9 percent for transient business and 3.6 percent for transient leisure. "With the spring travel season kicking off, the improved month-over-month performance across business and leisure transient bookings is very encouraging news for hoteliers," said John Hach, senior industry analyst, TravelClick. "Additionally, as we head into the second quarter of 2018, the data shows that both rates and occupancy are continuing to hold steady for now." Twelve-Month Outlook ( March 2018 - February 2019) For the next 12 months (March 2018 - February 2019), transient bookings are up 3.4 percent year-over-year, and ADR for this segment is up 2.3 percent. When broken down further, the transient leisure (discount, qualified and wholesale) segment is up 4.7 percent in bookings, and ADR is up 2.2 percent. Additionally, the transient business (negotiated and retail) segment is up 1.4 percent in bookings, and ADR is up 2.8 percent. Lastly, group bookings are slightly up 0.4 percent in committed room nights* over the same time last year, and ADR is up 1.3 percent. "Hoteliers today have a number of available tools in their toolbox to differentiate themselves from the competition," added Hach. "At the same time, consumers are becoming increasingly sophisticated in selecting hotels that cater to very specific and time-sensitive needs. Therefore, it becomes especially important for hoteliers to actively invest in digital marketing and forward-looking business intelligence solutions to maximize online exposure and revenue throughout the upcoming peak travel season."

TravelClick, Inc.
TravelClick, Inc.
United States
Logo 'HVS International'
Report
March 29, 2018

HVS Market Pulse: Downtown Chicago, IL

Chicago, America's "Second City" or, in the words of the poet Carl Sandburg, the "City of the Big Shoulders," has long enjoyed global recognition for its stories, intrigue, and ingenuity. The city's tourist attractions, international companies, celebrities, special events, and North America's largest convention center place it among the prime destinations in the U.S. for business, leisure, and conventions. The diverse neighborhoods surrounding the Loop are abundant in music, art, and culture, while Downtown Chicago's commercial and tourist attractions include Willis Tower (formerly Sears Tower), Navy Pier, and Millennium Park.

Dana Waud FlobergStacey Nadolny
By Dana Waud Floberg and Stacey Nadolny
Chicago, Illinois, United States
Page 3 of 20
…

Latest Viewpoint

View all
HN Original
World Panel

Visioning a Post-COVID Era in CRM & Loyalty

Henri Roelings
By Henri Roelings
Expert Views (5)
Mikael Fries
Mikael Fries

The COVID-19 pandemic has imposed a new set of challenges for hoteliers, making it critical to ensure that they are leveraging the right tools and technology such as CRM solutions. NextGuest's new Customer Data Management Platform provides an unmatched centralized platform where various data sources are integrated, providing hoteliers with one single source of truth.

View all Answers

Subscribe to our Newsletter

Subscribing creates a free Hospitality Net account so you can manage your preferences.

Most Read

  1. Business Travel Confidence Rebounds to Its Highest Level of 2026 as Industry Plans for Disciplined Growth
  2. FIFA Lodging Results: Houston Hotels Found More Rate Than Room Nights
  3. Golden Week 2026 Fuels Extended Breaks and New Travel Routes: Trip.com Group Reveals Rising Destinations and Regional Trends
  4. North American Appetite for International Travel Holds Strong Despite Growing Pressures
  5. More Than 50% of Hotels Use AI, but Under 10% See Real Impact, Finds State of Distribution 2026 Report from RateGain, NYU SPS and HEDNA

Most Read Authors

Jungho Suh, PhD
Jungho Suh, PhD
Assistant Professor of Management at GW School of Business, UN Tourism Expert, GWU
Jonathan Gough
Jonathan Gough
Content Team Lead, Lighthouse
Anton Aristov
Anton Aristov
Hospitality Net Contributor
Alexandra Dumoulin
Alexandra Dumoulin
Director, London, HVS
Nasir Zahir
Nasir Zahir
Hospitality Net Contributor
What is Hospitality Net known for?
Online since 1994Three decades of industry trustStill the leading voice

Thanks for being here

Create an account to receive Hospitality Net’s daily briefing in your inbox.

Create Account

Publish your news on HN

Join our global member community to amplify press releases, thought leadership, and more.

  • Gain global credibility with decision makers
  • Build lasting authority and industry trust
  • Always-On PR distribution and visibility
Become a Member
Agilysys logo
Bookboost logo
Booking logo
Cendyn logo
Dailypoint logo
Duetto logo
EHL logo
Glion logo
The #1
Independent Platform for the Hospitality Industry
Hospitality Net
Topics TechnologySales & MarketingDevelopmentHuman ResourcesMarkets & PerformanceFinanceSustainabilityWellness & WellbeingDesign & ArchitectureFood & BeverageOperations & StrategyGeneral Management
Navigation About Newsletter Work with us Contact AI in HospitalityTVPodcastWorld PanelEvents HN OriginalsInsightsThematicsGlossaryHotel YearbookRSS Privacy Policy Terms & Conditions
Directories AuthorsBrandsSchoolsArchitectsAssociationsConsultantsPR AgenciesSuppliers

Newsletter

Join our newsletter and be the first to receive the latest hospitality news, insights, and updates.

1995-2026 Hospitality Net™ – All rights reserved
Designed by
Hospitality Net