NASHVILLE—STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024. For 2024, projected gains in average daily rate […]
Tag: Hotel
CoStar: U.S. Hotel Industry Shows Positive Comparisons for Third Consecutive Week
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Nov. 2, 2024. U.S. Hotel PerformanceOctober 27-November 2, 2024 Percentage change […]
Hotel Performance Insights: Benchmarking and Trends from the Mews Data Snap 2024
Data isn’t meaningful unless you do something with it. Let’s say your average RevPAR for June is $150. Alone, that doesn’t mean very much. But […]
PM Hotel Group and Sightline Hospitality Announce Strategic Merger
CHEVY CHASE, Maryland—PM Hotel Group and Sightline Hospitality announced a strategic merger. This partnership marks a development in PM Hotel Group’s growth trajectory, specifically within […]
Dutch hotel tech unicorn Mews bags $100M to fuel acquisition spree
Amsterdam-based scaleup Mews has bagged $100mn in credit financing as it looks to swallow up competitors and become a market leader in SaaS software for […]
Avid Hotel Dallas & McKinney in McKinney, TX Listed for Sale
avid Hotel Dallas – McKinney – Image Credit HVS HVS, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the […]
255 Room Hotel in Malacca, Malaysia Listed for Sale
255 Room Hotel in Malacca, Malaysia Listed for Sale – Image Credit JLL Interested purchasers should seize the opportunity to invest in the purchase of […]
Over 15,000 hotel staff have now upskilled with Mews University
[Amsterdam: 27 August 2024] – Mews, the industry-leading hospitality cloud, has revealed that over 15,000 hospitality professionals have now completed a course with Mews University. […]
U.S. Hotel Performance for Week Ending August 3rd
Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+28.1% to 75.8%) and RevPAR (+45.7% to US$93.88). – Image Credit Unsplash+ […]
U.S. Hotel Performance for Week Ending July 27th
San Diego posted the largest lift in ADR (+12.0% to US$294.80). The U.S. hotel industry reported lower performance results than the previous week and mixed […]