More events, meetings spur hoteliers' confidence in group demand recovery
Major markets drive group demand growth, though infrastructure projects fuel demand at economy, midscale brands
U.S. hoteliers are forecasting higher group sales for 2025.
US hoteliers try to ride the wave of surging cruise demand
Hotels in cruise port markets see revenue growth exceeding national averages in 2024
Unable to beat back surging cruise demand, many U.S. hoteliers are looking to join their travel frenemies.
US hotel construction lending remains tight despite interest-rate drops, higher room demand
Availability of assets below replacement cost complicates math
U.S. hotel developers, lenders and industry analysts say lending for new lodging product remains tight despite recent interest-rate drops, as flattening hotel-room demand and highe...
Bill comes due for hotel owners who delayed required renovations
Brands, guests push for property improvements
For a couple of years after the pandemic rattled the U.S. travel industry and quashed travel plans, hotel brands largely held off on enforcing property improvement plans — or “PIPs...
Group Travelers Prioritize Wellness, Urban Destinations
Higher Occupancy, Shorter Booking Windows Make Juggling Group Demand More Difficult for Hoteliers
Groups traveling for business in the U.S. are seeking broadened wellness options, hotels that include facilities beyond the typical banquet hall, easy airport access and opportunit...
In the Recovery Era, Hotel Bookings Have Tipped Again Toward Online Travel Agencies
Expedia, Others Have Retaken More Than Half of All Hotel Bookings Online
Online travel agencies are taking back some of the distribution market share they lost to hotel chains during the years leading up to the pandemic, as companies such as Expedia Gro...
Interest Rate Hikes Vex Hotel Builders Banking on Lower Lumber, Steel Costs
Material Lead Times Remain Elevated Compared to Pre-Pandemic Norms
With the price of materials such as lumber and steel falling from last year’s highs, U.S. hotel developers had been counting on a reprieve in building costs, which would allow them...
US Hoteliers Gradually Make Headway Against Labor Shortage
Higher Pay, Enhanced Perks Draw Employees Back
The pain of labor shortages is starting to ease somewhat from the summer months, but hoteliers still face staffing shortfalls, concentrated largely in the housekeeping and culinary...
Return of International Travel Boosts Hotel Demand in US Gateway Cities
Hotel Executives Express Confidence in Markets Such as NYC, San Francisco
New York City, San Francisco and Miami are among the U.S. cities experiencing the steepest increases in hotel room demand, as international travelers begin to return to the U.S. af...
Hawaiian Hoteliers Expect Demand To Spring Back as State Relaxes Restrictions
Loosening of COVID-19 Restrictions, Strong Fourth Quarter Provide Optimism for 2022
Hawaii’s tourism and hospitality industries have had to paddle hard to navigate the waves of both travel demand and COVID during the past two years. As COVID numbers recede and the...
Hotels in Major US Markets Unlikely To Get Convention Boost in Late 2021
Travel Restrictions, Vaccine Mandates Continue to Curb Events
Hoteliers with properties in major U.S. convention markets are not experiencing the usual fall-season pickup in demand from attendees, and are unlikely to match pre-pandemic perfor...
Why Some Hoteliers Are Requiring COVID-19 Vaccinations for Guests, Staff
Public Hotel's Ian Schrager: Vaccine Requirements 'A Question of Communal Health'
A small but growing group of hotels across the U.S. are requiring guests to show proof of COVID-19 vaccinations in an effort to address the delta variant that has caused a late-sum...
Virgin Hotels’ New CEO Readies Brand for High-Profile Expansion
James Bermingham Joined Company After Leading Montage's Operations
While James Bermingham’s success as Virgin Hotels’ new CEO will depend on his brand’s ability to penetrate some of the most competitive hotel markets in America, his exuberance tow...
Las Vegas Hoteliers Add Rooms Amid Signs of Visitor Uptick
Capacity Increases As Some Large Events Return
New and existing Las Vegas hoteliers have added room inventory recently as state officials expanded capacity limits and February data showed signs that visitations have begun to sl...
Hotel Brands To Keep Flexible Cancellations in the Near Term
Relaxed Policies Likely Not A Permanent Change
Pandemic notwithstanding, quarantine-fatigued Americans looking to hit the road with a minimal chance of getting stuck with hotel cancellation fees can party like it’s 2016, for no...
Hotel Borrowers, Lenders Prepare for Transition of Debt Benchmark
Floating-Interest Loans To Shift by Mid-2023
Hotel owners and financiers are confronting the phase-out of a longstanding interest rate benchmark as they address the impact the pandemic has had on borrowers’ ability to repay l...
Hotels Seize Bigger Share From OTAs During Pandemic
Shift Reverses Trends During Great Recession, Post-9/11
Hotel companies took a small piece of online-distribution market share away from online travel agencies in 2020 as years of direct-booking campaigns and heightened concerns over pr...
US Hotels Expand Homeless Programs During Pandemic
Hoteliers Report How Operations Have Changed
Many hotels in California, New York, Colorado and Oregon are continuing to house the homeless in order to help stem the spread of COVID-19 by removing the most vulnerable members o...
Pent-Up Demand for Small Meetings Is Heating Up
Hotels Entice Groups With Enhanced Tech, Flexible Contracts
It just may be the small-meetings business that could help the beleaguered hotel industry overcome challenges presented by a raging pandemic, economic downturn and civil unrest.
Las Vegas Rebound Faces Challenges as Hotels Reopen
Hoteliers with properties in downtown Las Vegas and on the Strip are planning to bring more rooms online in the fall in anticipation of a pickup in demand, but questions remain.
LAS VEGAS—Las Vegas hoteliers are putting more rooms back online in hopes that fall travel will start edging hotel occupancy and gaming numbers back towards pre-COVID-19 levels.