The new data shows urban hotels are still in a “depression” cycle while the overall U.S. hotel industry remains in a “recession.”
Europe’s recovery from the last recession
Let’s look back at a lesser crisis, which may point to how hotel markets will recover in the coming years.
The (hotel) sky is falling
The next downturn is coming, so here are some proactive steps you can take to both lessen the impact of this unavoidable pendulum swing and to recover quicker than the competition.
How hotels can survive the inevitable flattening of pace
During the 2008-2009 economic downturn, the corrective actions for such times of hardship were simple. Now, however, it would seem as though we are confronted with a mercurial problem, that of a flattening of pace.
Recession risk for US hoteliers rising says predictive analytics firm
The six month growth rate of HIL, a long-term growth predictive analytic which confirms the underlying cyclical behavior in the growth of US hotel business, has consistently slowed down in the last thirteen months, hitting an annual growth rate of 0.1% in April from a high of 5.9% in February of 2015.
US hotel industry knocking on recession’s door: Hotel Industry’s Pulse indicator
e−forecasting.com’s HIP – a predictive analytic which gauges monthly overall business conditions for hotels – stalled, posting a nil growth rate in April after an increase of 0.1% in March.
