RevPAR
Top 5 Cities for RevPar Growth in Home-Sharing
Although the pandemic has impacted short-term rentals, cities with remote tourist attractions recorded substantial revenue growth as of November, according to AirDNA data.
Top 5 Cities for RevPAR Drop in Home-Sharing
Airbnb and Vrbo renters have been heavily impacted by the COVID-19 crisis. Here’s a breakdown of the cities with the highest decline in revenue, based on AirDNA data.
Luxury Hotel Occupancy Under 10% at Q1’s Close
The pandemic has hit high-end properties particularly hard, according to CBRE’s first-quarter survey of the hospitality sector.
Marriott Secures $1.5B Revolving Credit Facility
The hotel giant expects the new financing to help with liquidity as it grapples with closed hotels and declining RevPAR and occupancy rates.
Hospitality Faces Coronavirus Crunch Time
A report from the U.S. Travel Association offers a sobering assessment of sharp declines in hotel occupancy and revenue, as well as a surge in job losses.
Global Hotel Investment Trends to Watch
A new report from JLL notes that while a certain amount of optimism remains, several factors will likely prevent 2020 from being as strong for hotel investment as last year.
Charleston Attracts Noble Investment
The hospitality group has acquired a 133-key hotel in the city, which is growing a reputation as a top travel destination.
Hotel Investors’ Wariness Rises Despite Record Travel Season
The sector continued to perform well in the first half of 2019, but economic uncertainty is causing investors to proceed with caution, according to a new report by Marcus & Millichap.
Is the US Hotel Market About to Hit a Wall?
A mid-year report from Cushman & Wakefield reveals that while performance remains strong, there may be clouds on the horizon.
RevPar Growth Slowest Since 2010
The U.S. hospitality sector seems to be sputtering at mid-year, with supply outpacing demand in multiple markets and most success stories coming from smaller, non-coastal metros, CBRE reports.