Marriott International leads the U.S. hotel construction pipeline in the recently released Q2 2022 based on Lodging Econometrics.
U.S. hotel profitability reached 32-month high in June
U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019.
Wildfire risk in Europe: Coastal hotspots in Spain in the next 2 weeks
Top 10 Spanish provinces that has the highest wildfire risk in the next 2-weeks as temperatures across Europe soared over the last month.
Should travellers be worried about Monkeypox?
Monekypox is declared a global health emergency, a significant threat that requires a coordinated international response.
IHG Hotels & Resorts makes efforts to combat human trafficking
IHG Hotels & Resorts Announces New Partnerships with ECPAT-USA and Polaris to combat human trafficking and support survivors.
Corporate travel is back on the rise
Leading hotel group, Choice Hotels Asia Pac, says corporate travel has returned to a new normal with guests seeking value for money.
Canada hotels post best performance of the pandemic-era
Canada’s hotel performance was the highest of the pandemic-era, with monthly hotel room rates reaching an all-time high.
Travel remains top priority despite Aussies curbing spend
New research revealed the most common savings goal for Aussies is travel despite curbing their spending to cope with the cost of living.
US hotel performance looking better by the week
U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis.
U.S. hotel construction pipeline is packed as travel recovers
The total U.S. construction pipeline up 9% Year-Over-Year (YOY) by projects and 4% YOY by rooms at the close of 2022’s second quarter.
