Consumer Trends: Page 2
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Courtesy of Hyatt
Q&AHyatt brand leader talks all-inclusive strategy, global travel trends
Melanie Benozich shares how Hyatt’s Inclusive Collection has evolved, the brand’s growth trajectory and where opportunity lies to meet changing traveler demands.
By Jenna Walters • Sept. 9, 2024 -
Mario Tama via Getty Images
Despite impact of wildfires, Maui leads US for average daily rates: report
While its hotel performance has declined year over year, the Hawaiian island still commands higher room rates than any other major destination in the country, according to STR.
By Noelle Mateer • Sept. 6, 2024 -
FG Trade Latin via Getty Images
Guest satisfaction up at hotels run by third-party management: J.D. Power
Davidson Hospitality Group had the highest satisfaction scores of other large hospitality management companies, whose hotels are outperforming independently operated ones.
By Jenna Walters • Sept. 4, 2024 -
sandsun via Getty Images
US led record global hotel pipeline in Q2 with most projects: report
The U.S. beat China with a record 6,095 hotel pipeline projects, and upper-tier chain scales “dominated” in the second quarter of 2024, according to Lodging Econometrics.
By Jenna Walters • Aug. 23, 2024 -
Jason Kempin via Getty Images
Deep Dive‘Lifestyle wars’ ramp up as hotel brands compete in crowded segment
With its acquisition of Standard International, Hyatt continues to grow its lifestyle portfolio, but the company will have to fight competitors for resources in the saturated space.
By Jenna Walters • Aug. 22, 2024 -
Scott Olson via Getty Images
CBRE reduces 2024 RevPAR forecast, notes challenges ahead for hotels
Election-related events and international travel will buoy near-term RevPAR growth, but economic headwinds could pose risks for U.S. hotels.
By Jenna Walters • Aug. 19, 2024 -
Courtesy of Choice Hotels International
Choice Hotels taps creative, digital agencies for ‘next level’ marketing play
Along with new partners Dentsu X and 72andSunny, Choice sets up strategy for the remainder of 2024 and plots a 2025 campaign, in addition to loyalty enhancements.
By Jenna Walters • Aug. 14, 2024 -
Drew Angerer via Getty Images
Top trends driving US hotel investment in 2024
Supply growth, travel demand and changes to the lending environment will guide hotel performance and investor appetite this year, according to a report from JLL.
By Jenna Walters • Aug. 13, 2024 -
Anchiy via Getty Images
Middle-income travelers opting for shorter hotel stays, budget options: report
When it comes to travel spending, middle-income consumers are behaving more like low-income ones — though they’re still traveling nearly as much as their higher-income counterparts, according to Morning Consult.
By Noelle Mateer • Aug. 13, 2024 -
Edwin Tan via Getty Images
Upper-tier hotel segments to see highest RevPAR growth in 2024-25: report
STR and Tourism Economics maintain their hotel performance growth outlooks for each year and say changing traveler behavior will benefit higher tiers.
By Jenna Walters • Aug. 12, 2024 -
Drazen_ via Getty Images
Hospitality trends that drove RevPAR gains, pipeline growth in Q2
Heightened group travel boosted revenues for several hotel companies, while conversions and extended stay remained top of mind for developers.
By Jenna Walters • Aug. 9, 2024 -
Courtesy of My Place Hotels
Q&AMy Place Hotels CEO talks evolution of extended stay, breaking the mold
With a long family history in hospitality, Ryan Rivett shares his outlook on the “desirable” extended stay segment and his strategy for My Place as it celebrates 10 years of franchising.
By Jenna Walters • Aug. 5, 2024 -
Courtesy of Marriott International
Luxury, group travel in Las Vegas drove Q2 gains for MGM
The resort operator said room rates on the books in Sin City are higher for the third quarter as well, but Formula 1 in Q4 is “off to a soft start.”
By Jenna Walters • Aug. 1, 2024 -
Courtesy of Under Canvas
Hyatt partners with Under Canvas in luxury outdoor loyalty play
World of Hyatt members gain access to the upscale hospitality provider's 13 outdoor resorts as Hyatt bolsters its luxury portfolio.
By Noelle Mateer • July 29, 2024 -
Courtesy of Valencia Hotel Group
Valencia Hotel Group makes college town play with Texas acquisitions
The two boutique College Station deals come as more hotel players eye growth opportunities in “stable” university-supported markets across the U.S.
By Jenna Walters • July 24, 2024 -
dszc via Getty Images
Deep Dive // Hot MarketsMarket Spotlight: Phoenix
Sports tourism and a flourishing manufacturing sector are driving hotel performance gains as well as investor and developer activity in the metro area.
By Jenna Walters • July 16, 2024 -
Art Wager via Getty Images
US lodging prices fell in June
Prices across economic sectors are easing, with travel costs leading the way, according to the U.S. Travel Association’s monthly Travel Price Index.
By Noelle Mateer • July 16, 2024 -
Courtesy of Hilton
Hotel restaurants use storytelling, immersive experiences to draw repeat guests
Successful concepts center narratives, offer signature experiences and are well-attuned to changing customer tastes, experts say.
By Brian Martucci • July 15, 2024 -
Courtesy of HotelsHero
Hotel Tech-in: The AI-powered system safely storing guest luggage
The recently launched HotelsHero stores guests’ baggage on-property without lockers or added costs for hoteliers.
By Jenna Walters • June 27, 2024 -
Dan Kitwood via Getty Images
How a TikTok ban could impact hotel marketing efforts
Hospitality industry pros share what hotels stand to lose from a potential ban as well as alternative hotel marketing strategies to consider.
By Jenna Walters • June 18, 2024 -
Courtesy of REM Public Relations
Highgate opens first adults-only hotel on Oahu
The boutique Romer House Waikiki will target the travelers-without-kids demographic on the island, according to Highgate Hawaii President Kelly Sanders.
By Jenna Walters • June 17, 2024 -
Courtesy of Timeshifter
Hotel Tech-in: The app helping guests beat jet lag
InterContinental Hotels & Resorts has tapped Timeshifter, which uses science to help travelers navigate time differences, to improve the guest experience.
By Noelle Mateer • May 31, 2024 -
Spencer Platt via Getty Images
McKinsey on the future of travel — and the opportunity for hotels
Hospitality players will need to adapt to “nuanced and proliferating” traveler types to succeed, McKinsey Associate Partner Jasperina de Vries told Hotel Dive.
By Noelle Mateer • May 29, 2024 -
Daniel Boczarski via Getty Images
How political party conventions are impacting hotel rates in Chicago, Milwaukee
Research from hospitality data provider Lighthouse shows the Republican and Democratic National Conventions are having “vastly different” effects on the cities’ respective hotel markets.
By Noelle Mateer • May 23, 2024 -
onurdongel via Getty Images
Hotels to see ‘marginal’ performance gains despite economic woes: PwC
Hotel occupancy, ADR and RevPAR will rise this year and into 2025 even as “economic uncertainty and geopolitical tensions” continue, the professional services company forecasts.
By Jenna Walters • May 23, 2024
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