Market Trends

The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar Jun 24, 2024 All three performance metrics – occupancy, ADR, and…

In the past, travelers looking for bargains could rely on the shoulder or off-season, but the pandemic has upended this conventional travel wisdom Jun 20, 2024 Every day brings new…

Consumers feel better about their finances and are eager to book vacations, but many are waiting for late sales, new PwC research confirms Jun 19, 2024 Nearly 70% will spend…

Recovery is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations Jun 17, 2024 The delayed return of China’s outbound travelers to…

In its latest report, “China Unleashed,” Sabre takes a deep dive into the latest travel trends and bookings from mainland China Jun 11, 2024 The travel industry was in a…

The industry is set to make a full recovery by the end of 2024, after losing 75 percent of its value in 2020. Here’s what you should know about the…

While the hotel industry faced challenges in the first quarter, Marriott remains optimistic about its performance through 2024 Jun 6, 2024 Leeny Oberg, Marriott International’s CFO and EVP of Development,…

The mood among hoteliers at the NYU International Hospitality Industry Investment Conference was upbeat, but realistic about the current situation Jun 5, 2024 The hotel industry faced unexpected challenges in…

Increased cost of living is impacting lower to middle income households and their ability to travel, reducing demand for lower priced hotels Jun 4, 2024 STR and Tourism Economics significantly…

The resurgence of Spain’s tourism industry is a story of remarkable recovery and resilience Jun 4, 2024 The Spanish hotel industry is poised to continue its remarkable recovery, building on…