March 16, 2022 by
kholland
Originally seen HERE. Research from the World Travel & Tourism Council (WTTC) reveals the U.S. travel & tourism sector could experience year-over-year (YOY) growth of 35.6% in 2021, significantly outpacing the […]
March 16, 2022 by
kholland
Originally seen HERE. Even though interest rates have ticked up slightly, now is a good time to be a hotel seller due to the limited number of properties available in the […]
March 16, 2022 by
kholland
Origninally seen HERE. Although November U.S. group meeting volume decreased 12.4 percent over October, this decline reflects normal seasonality trends for this time of year with less of a decrease than […]
March 16, 2022 by
kholland
Originally seen HERE. U.S. hotel occupancy came in lower than the previous week but reached an all-time high on Christmas, according to STR’s latest data through December 25, 2021. Christmas Day occupancy (47.2 […]
March 16, 2022 by
kholland
by Steve Kirby, Managing Principal Throughout 2022, resilience will be the word heard most frequently in the lodging industry . Over two tumultuous years – through disease, labor shortages, supply chain […]
March 16, 2022 by
kholland
Originally seen HERE. As the ALIS Conference kicked off at the JW Marriott/Ritz-Carlton Los Angeles L.A. Live today, the American Hotel & Lodging Association released its 2022 State of the Hotel […]
March 16, 2022 by
kholland
Originally seen HERE. Analysts at Lodging Econometrics (LE) report that at the fourth quarter close of 2021, the total U.S. construction pipeline stands at 4,814 projects/581,953 rooms, down 8% by projects […]
March 15, 2022 by
kholland
Originally seen HERE. It’s the beginning of an entirely new industry, based around places and spaces that turbocharge employee gatherings. Retreats, offsites, onsites — call them what you want, but […]