U.S. hotel results for week ending 24 January
CoStar data shows all key metrics declined year-over-year, with Minneapolis leading gains and Washington D.C. seeing steepest drops.
CoStar data shows all key metrics declined year-over-year, with Minneapolis leading gains and Washington D.C. seeing steepest drops.
California-based law firm shortens name to JMM as part of strategic rebranding entering 45th year, with leadership changes coming.
The event raised a record $2.1 million with 75 companies participating, while data shows 17% of hospitality workers have substance use disorders.
Penn State's six-day summer program for juniors and seniors includes business visits, kitchen operations, and industry expert interactions.
The survey of 1,714 Americans found younger generations drive milestone travel, with 89% of Gen Z planning trips around celebrations versus 57% of Baby Boomers.
Parable Hospitality launches with 30+ properties across California and Hawaii, promising owner-focused transparency and integrated commercial strategy.
Curator adds five boutique Monterey properties to its California portfolio, bringing its statewide collection to over 35 independent hotels.
The free curriculum, developed with survivor input, will be available through 2026 and joins Marriott's existing training completed over 2.6 million times.
National hotel occupancy reached 66% with 70 million occupied rooms, while luxury properties led RevPAR growth at 8.7%.
AHLA projects $805 billion in guest spending and 30,000 new jobs in 2026, with GOPPAR still at 90% of pre-pandemic levels due to rising costs.
The four Exploria Resorts properties add 1,564 keys to Sonesta's portfolio, bringing the MOD soft brand to nine operating hotels across North America.
Dallas leads with 193 pipeline projects, while Phoenix tops under-construction activity with 35 active projects totaling 4,829 rooms.
Research reveals Top 10% of U.S. households will drive $544 billion in leisure travel by 2026, with trip frequency and spending surging since 2022.
CoStar projects modest growth with RevPAR rising 1.4% in 2027, below the long-term average, driven by World Cup markets and higher-tier hotels.
CoStar data shows U.S. hotels achieved 1.6% RevPAR growth, with Miami leading ADR gains due to the College Football Championship while D.C. declined 32% against tough inauguration comparisons.
Survey of hundreds of hotel owners shows 98% have begun incorporating AI, but only 32% have embedded it across most operations, with data security and integration costs as top barriers.
Newport adds 240-room dual-branded Hilton property in Columbus through management contract, expanding its Hilton portfolio to 14 hotels.
The 2026 summit at Hilton Fort Worth targets C-level hospitality tech vendors with sessions on Web3, AI, and investment trends.
Brand conversions reached 1,497 projects with 148,981 rooms, up 12% year-over-year, while luxury hotels hit a record 95 projects in the pipeline.
Evolution Hospitality takes over the 82-room Art Deco property from FullG CRE Investments, which also manages the company's Talbott hotel in Chicago.