Industry News and Research from Wichita's market leader in commercial real estate.
Hotel & Motel Management & Development
U.S. hotel analysts are optimistic about the industry despite declines in RevPAR growth and a perceived downturn on the horizon. Source: Hotel Revenue Growth Is Slowing, But Not Expected To Crash In A Downturn
Hotel companies are employing a number of methods to make housekeeping more efficient, thereby lowering costs per room. Hoteliers nationwide are aggressively analyzing and optimizing housekeeping costs and efficiencies in hopes of finding savings...
As self-serve options evolve and become widespread for guests at hotels, hoteliers are mindful to not lose the human element entirely. From check-in and check-out to food pantries and even wine and champagne dispensers,...
Part of the attraction of full-service hotels for value-add investors may be their strong performance. With current market dynamics the way they are, grand old hotels are proving to be ripe candidates for renovation....
U.S. hotels experienced the ides of March as low monthly growth ended the industry’s first quarter on a sour note, and despite a new demand record, March’s supply increase is the highest in a...
Not only does Hospitality Management provide award-winning hotel management services, we also keep an eye on industry news and trends so you can stay informed! Here is a look at hotel performance metrics from...
U.S. hotel occupancy rose 2.4% to 69.9% during the week of 7-13 April, while ADR increased 4.4% to $136.25 and RevPAR rose 6.9% to $95.22. HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results...
The U.S. hotel industry reported RevPAR rose 1.9% to $89.90 during the week of 31 March to 6 April, according to STR. HENDERSONVILLE, Tennessee—The U.S. hotel industry reported positive year-over-year results in the three...
The U.S. hotel industry reported occupancy increased 4.2% to 69.5% during the week of 24-30 March while ADR rose 0.9% to $131.77 and RevPAR increased 5.1% to $91.53. HENDERSONVILLE, Tennessee—The U.S. hotel industry reported...
During the week of 17-23 March, U.S. hotel occupancy rose just 0.2% to 69.6%, ADR rose 0.2% to $133.65 and RevPAR increased 0.4% to $93.02. The U.S. hotel industry reported nearly flat year-over-year results...
