While U.S. hotel construction has declined for seven consecutive months, rooms in construction in both New York City and Nashville represent a significant percentage of those markets’ existing supply.
U.S. hotel results for week ending 16 July
After two consecutive weeks of lower demand around the Fourth of July holiday, U.S. hotel performance bounced back from the previous week.
New data signals the recovery of international travel to the U.S.
After testing removal, inbound international flight bookings to the U.S. see 93% surge.
U.S. Hotel Performance for June 2022
The U.S. hotel industry reported its highest monthly room rates on record.
U.S. hotel results for week ending 9 July
As expected on the negative side of a holiday calendar shift, U.S. hotel performance came in lower than the previous week.
U.S. hotel profitability lower in May
U.S. hotel GOPPAR fell from the previous month, but surpassed the pre-pandemic comparable for a third consecutive month.
U.S. hotel results for week ending 2 July
U.S. hotel performance dipped from the previous week, while indexed comparisons against 2019 improved on the favorable side of a holiday calendar shift.
U.S. hotel results for week ending 25 June
U.S. hotel performance continued to climb with another weekly record established for RevPAR on a nominal basis.
US hotel performance keeps pace with traditional seasonal peaks
The U.S. hotel industry is heading to its annual occupancy apex, which normally occurs in mid-July for the U.S. and mid-August for the remainder of the globe.
Market Recovery Monitor – 18 June 2022
U.S. hotel performance strengthened further with occupancy for the week ending 18 June 2022 at a pandemic-era high of 71.8%.
