Markets & Performance

U.S. Hotels State of the Union June 2024 Edition

https://www.cbre.com/insights/reports/us-hotels-state-of-the-union

CBRE Hotels

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Markets & Performance

U.S. Hotels State of the Union June 2024 Edition

U.S. hotel results for week ending 8 June

The U.S. hotel industry reported higher performance results from the previous week but mixed comparisons year over year, according to CoStar’s latest data through 8 June. CoStar is a leading provider of online real estate marketplaces, information a...

STR

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Markets & Performance

U.S. hotel results for week ending 8 June

Unique Factors Shaping the Buffalo Lodging Market

As a border town, Buffalo has historically been heavily reliant on Canadian visitors and U.S. travelers stopping over en route to/from Canada for lodging demand. Based on a recent hotel market study and many hotel appraisals in the greater Buffalo-N...

Christian Cross

Christian Cross

Vice President, HVS Buffalo

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Markets & Performance

HVS

Madonna concert drove Rio de Janeiro’s hotel performance in May

Madonna’s final concert of her Celebration Tour pushed Rio de Janeiro’s hotel performance in May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property ...

STR

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Markets & Performance

Madonna concert drove Rio de Janeiro’s hotel performance in May

Tokyo room rates reached a new peak in May

Tokyo’s hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR) in May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analyti...

STR

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Markets & Performance

Tokyo room rates reached a new peak in May

May events pushed Berlin hotel performance

Helped by a number of events, Berlin hotels saw improved performance in May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.

STR

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Markets & Performance

May events pushed Berlin hotel performance

China Unleashed: Sabre reveals key outbound Chinese travel insights for 2024

The travel industry has been waiting. Waiting for Chinese travelers to return to the global tourism stage in a significant way. While there was some recovery in 2023, outbound travel from China remained largely in the role of supporting actor rather...

Sabre Hospitality Solutions

Sabre Hospitality Solutions

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Consumer Trends

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Markets & Performance

China Unleashed: Sabre reveals key outbound Chinese travel insights for 2024

Asia Pacific Tourism Recovery: a Mixed Picture, But Visa Easing and More Air Capacity Would Help

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner.

Pacific Asia Travel Association (PATA)

Pacific Asia Travel Association (PATA)

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Markets & Performance

Asia Pacific Tourism Recovery: a Mixed Picture, But Visa Easing and More Air Capacity Would Help

AHLA workforce report: Hotels add 700 jobs in May

U.S. hotels added 700 jobs to their payrolls in May, according to the latest government data that shows the nationwide workforce shortage continues to make it difficult for hotels to fill open jobs.

American Hotel & Lodging Association (AHLA)

American Hotel & Lodging Association (AHLA)

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Human Resources

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Markets & Performance

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National & International Policy

AHLA workforce report: Hotels add 700 jobs in May

Saudi Arabia’s Travel & Tourism Breaks All Records

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend.

World Travel & Tourism Council (WTTC)

World Travel & Tourism Council (WTTC)

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Markets & Performance

Saudi Arabia’s Travel & Tourism Breaks All Records