Daryl Cronk

Downtown hotels experienced the fastest growth in demand and revenue per available room in Atlanta last year.

More than 1,100 hotel rooms are under construction and expected to open in Miami this year, up from 423 room openings in 2023.

Hotel sales in Washington, D.C., failed to accelerate in 2023 despite strong growth in the market’s hotel metrics. But a modest uptick in sales late in the year could foreshadow a rebound in 2024.

New Year’s Eve 2023 in Miami was an even bigger party than the previous year.

Many office markets around the country are struggling to contend with a glut of aging, hard-to-fill office space. That isn't the case in Savannah, Georgia, a city that boasts one of the lowest office ...

Hotel sales in Atlanta slowed sharply in 2023 due to the U.S. Federal Reserve’s interest rate hikes and the adoption of tighter lending standards by many financial institutions. The decline in sales ...

The annual Art Basel fair at the Miami Beach Convention Center earlier this month lifted hotel average daily rates and revenue per available room in Miami Beach to their highest levels of the year. ...

Strong growth in Caribbean hotels may be contributing to declining hotel metrics in Florida.

Orlando’s robust travel sector is producing strong employment growth. Air transportation led all industries with an 11% increase in October employment compared to the same time last year. The ...

Revenue per available room in Washington, D.C., was up 21% year over year through October, the fastest growth this year among the top 25 markets. For comparison, RevPAR was up 9% for the top 25 ...

Hotel demand in Orlando has weakened throughout 2023, but passenger traffic at Orlando International Airport, or OIA, has surpassed prior year levels every month this year.

The Charlotte, North Carolina, market continued to add jobs in October. But a closer look at the distribution of those new jobs provides better news for hoteliers and restaurateurs than office or ...

The number of hotel rooms under construction in Orlando has increased nearly 40% compared to the same time last year, while construction in the hotel industry overall has slowed. More than 5,000 ...

A $276 million expansion that will double the capacity of the Savannah Convention Center is set to open in early January 2024, but no progress has been made on plans for a 400-room hotel to support ...

The number of hotel rooms under construction in Charlotte has fallen more than 40% over the past year, from nearly 1,350 rooms to 780. Meanwhile, rooms in final planning have ballooned more than 50%, ...

Atlanta's hotel industry is benefiting from an increase in business travel, including travel related to convention and group meetings. But there are some indications that leisure travel demand is ...

Indianapolis has more rooms under construction, as a percentage of the market’s existing inventory, than the 40 largest hotel markets. The nearly 2,800 rooms under construction represent almost 8% of ...

Regional officials approved a $560 million expansion of the Orange County Convention Center in Orlando, Florida, with construction starting as early as next year and completion expected in 2027 in a ...

In the U.S., more new hotels are expected to open this year than last year, despite the number of hotel rooms under construction essentially flat-lining over the past year. If all hotels open on ...

More than 1,500 rooms opened in downtown Miami in 2022, the most ever in a single year, and hotel metrics indicate the area is still working to absorb the surge of new rooms.