‘Solid travel fundamentals’ to drive hotel performance growth in 2024: report

STR and Tourism Economics raised their ADR growth projections slightly for the year and expect RevPAR and occupancy to increase due to heightened group business demand.

By Jenna Walters • Jan. 23, 2024

Signia by Hilton Atlanta opens with aim to capture events travelers

The 976-room property by the Georgia World Congress Center is Atlanta’s largest ground-up hotel development project in 40 years.

By Noelle Mateer • Jan. 16, 2024

San Diego leads US for year-over-year group travel growth: Knowland

San Francisco garnered the second spot, signaling a “bouncing back” of the events industry in the Bay Area.

By Noelle Mateer • Jan. 12, 2024

7 hotel industry trends to watch in 2024

Leaders in the hospitality industry will work to make staff happier, ramp up integration of generative AI and cater to a growing number of experiential and luxury travelers.

By Jenna Walters and Noelle Mateer • Jan. 10, 2024

Hot hotel markets to watch in 2024

Atlanta, Dallas, New York City and Miami are hotel markets worth watching. Here’s why.   

By Noelle Mateer • Jan. 8, 2024

As business conference attendance surges, successful hotels prioritize the details

Business travel is back in a big way; in fact, it’s expected to return to pre-pandemic levels in 2024 as companies increasingly recognize the vital role of in-person meetings to foster collaboration and build relationships.

Jan. 8, 2024

How changing travel demand will impact hotel performance, investment in 2024

Heightened group and international travel demand will drive RevPAR growth and investor appetite, though investment won’t come without hurdles, according to Newbond Holdings.

By Jenna Walters • Jan. 3, 2024

Group travel, international visitors to bolster US hotels in 2024: CBRE

The company predicted economic headwinds nationwide but also noted that urban hotels in markets like Los Angeles and New York City could see boosts.

By Michele Laufik • Dec. 21, 2023

Market Spotlight: Miami

Despite decreased year-over-year hotel performance, the market shows promise with RevPAR outpacing 2019 levels, business travel ramping up and a growing luxury pipeline.

By Jenna Walters • Dec. 13, 2023

Heightened group demand in major markets drives hotel profits: CoStar

New York City and Dallas, cities experiencing a resurgence in group travel, led U.S. hotel markets in gross operating profit and total RevPAR in October.

By Jenna Walters • Dec. 8, 2023

Market Spotlight: Atlanta

One of the nation’s biggest construction pipelines and a robust meetings and events industry are keeping Atlanta’s hotel market thriving.

By Noelle Mateer • Dec. 1, 2023

Global business travel at near-full recovery, though challenges persist

More industry professionals traveled for in-person meetings and conferences this year than last, but tight travel budgets remain a barrier, a GBTA poll shows.

By Jenna Walters • Nov. 1, 2023

Hilton launches digital tools aimed at small-, medium-sized businesses

Small and medium enterprises represent roughly 85% of the company’s total business transient guests. 

By Noelle Mateer • Oct. 17, 2023

Business travel to recover to pre-pandemic levels in 2024: GBTA

Global business travel is expected to hit $1.4 trillion in 2024, boosting business travelers’ lodging spend and hotels’ global ADRs.

By Noelle Mateer • Aug. 16, 2023

92% of business travel professionals say sustainability is a priority: report

Research from the Global Business Travel Association found that companies are increasingly prioritizing sustainability in business travel, but their efforts are hampered by a lack of consistent emissions reporting.

By Noelle Mateer • June 14, 2023

Business, group travel to lead hotel demand growth in 2023: report

STR and Tourism Economics increased ADR and RevPAR predictions for their updated 2023 U.S. hotel forecast, but they also noted shifting macroeconomic conditions could pose a threat to hotels.

By Jenna Walters • June 12, 2023

Corporate travel returning at slower pace than leisure: Deloitte

While business trip volume is up, corporate travel managers face higher hotel prices, tougher supplier negotiations and sustainability mandates.

By Michele Laufik • May 26, 2023