GlobalData: U.S. Tops Budget Hotel Market
LONDON—In 2018, the U.S. reported the highest revenue in the budget hotel market worldwide, followed by the U.K. Revenue increased by 3.5% year-over-year (YOY)
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PwC: In Q1, Manhattan Saw Significant Dip in RevPAR, ADR
NEW YORK—Revenue per available room (RevPAR) fell to the lowest first quarter average since 2011, as average daily room rate (ADR) declined across all
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Report: Rates and Bookings Are Steady; Q2 2019 Shows Signs of Softness
NEW YORK—The second half of the year has stable rates and bookings across all travel segments, up 1.8% in ADR and 0.51% in bookings
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Hoteliers Round Out First Half of 2018 with Strong Bookings & Rates
NEW YORK—North American hoteliers are continuing to experience upticks across all travel segments in the second quarter, up 2.5% in average daily rates (ADR),
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CBRE: What’s New With Extended-Stay Hotels?
NATIONAL REPORT—CBRE has released its latest analysis for the extended-stay hotel segment. When investing in hotels, recent year-over-year trends in revenues and profits, along
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Spring Hotel Outlook Shows Stability and Consistency in North American Markets
NEW YORK—TravelClick released new data from the company’s March 2018 North American Hospitality Review (NAHR). According to this data, North American hoteliers are continuing
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