Hotel RevPAR growth decelerates according to PwC US Occupancy levels at US hotels have begun to stabilize after reaching peak levels in 2015, according to Hospitality Directions, the lodging forecast released today by PwC US. Source: Hotel Marketing Hotel RevPAR growth decelerates according to PwC US
HRG predicts business travel revenue to remain under pressure Business travel revenue will remain under pressure due to “aggressive” competitor pricing and a continued move by clients to online booking, Hogg Robinson Group predicted today. Source: Hotel Marketing HRG predicts business travel revenue to remain under pressure
U.S. hotel revenue growing, but slowing According to CBRE Hotels’ Americas Research’s 2016 edition of Trends® in the Hotel Industry, operating performance continued to improve in 2015, but at a much slower pace. Source: Hotel Marketing U.S. hotel revenue growing, but slowing
Luxury hotels invest in experiences As travel content platforms and online travel agencies lure consumers away from brand sites, Luxury Hotel brands are using experience-related content to differentiate themselves from those competitors. Source: Hotel Marketing Luxury hotels invest in experiences