US hotel forecast remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation.
U.S. hotel results for week ending 6 August
Following seasonal patterns, U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 6 August.
Pandemic pups lead to increased pet travel in summer months
More pets have joined their owners on leisure trips since the start of the pandemic, especially in the summer months, according to hoteliers.
Wellness Tourism Market: Global Industry Trends and Forecast 2022-2027
Wellness tourism provides travel as an opportunity for relaxation and unwinding, the discovery of joy, and self-actualization to the masses.
Expedia shows strong Q2 growth in travel demand
Expedia Group released its Q2 2022 Traveler Insights Report to support travel marketers on their continued journey toward rebuilding.Â
São Paulo leads hotel profitability recovery in Latin America
Among key hotel markets in Latin America, São Paulo led in recovery of gross operating profit per available room (GOPPAR).
Sydney hotel performance dipped in July
Sydney’s hotel industry saw lower performance from the month prior, but comparisons against 2019 levels held steady.
U.S. hotel performance for week ending 30 July
U.S. hotel performance dipped slightly from the previous week, which was the annual travel peak, according to STR‘s latest data through 30 July.
The struggles of transportation in tourism as travel resumes
Despite the clear excitement we’re experiencing during the return to travel, things haven’t gone as smoothly as planned.
European hotel profit tops 2019 levels
Europe’s hotels are now back to pre-pandemic profit levels with GOPPAR slightly higher than the same month in 2019.
