Annual Inflation Falls Below 3% in July, Paving Way for Two Rate Cuts This Year
CBRE Economic Watch: Annual Inflation Falls Below 3% in July, Paving Way for Two Rate Cuts This Year - Image Credit Unsplash+ Executive Summary The Consumer Price Index (CPI) rose…
Lodging Econometrics Forecasts Over 1,100 New Hotels To Open In Europe By 2026
Whitbread Purchases Manchester City Centre Development Site for Future Premier Inn Hotel Visit In the Q2 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the…
CBRE Hotels Adjusts Outlook for 2024 Due to Economic Conditions, Predicts Modest U.S. RevPAR Growth
CBRE Hotels Adjusts Outlook for 2024 Due to Economic Conditions, Predicts Modest U.S. RevPAR Growth - Image Credit Unsplash+ CBRE is reducing its forecast for U.S. hotel performance this year,…
U.S. Hotel Performance for Week Ending August 10th
Chicago posted the largest lift in ADR (+13.8% to US$188.95). - Image Credit Unsplash+ The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through…
JLL Hotels & Hospitality Group Announces New Western U.S. Leadership
JLL welcomes Tony Muscio as Senior Managing Director, leading the Western region’s investment sales and advisory efforts JLL’s Hotels & Hospitality group announced today that Tony Muscio will be joining as…
Chef-Driven Hotel Brand Appellation To Open Urban Resort In Morgan Hill, Silicon Valley’s Next Culinary Capital
Hotel MOHI by Appellation Rendering - Image Credit Appellation Hotel MOHI by Appellation Opens 2025, Boasting 76 Guestrooms, Lush Pool Oasis and Spa, Field-to-Fork Cuisine & Unparalleled Weddings & Event…
U.S. Travel Agency Air Ticket Sales Total $7.9 Billion in July 2024
U.S. Travel Agency Air Ticket Sales Total $7.9 Billion in July 2024 Today, Airlines Reporting Corp. (ARC) announced that July 2024 U.S. travel agency air ticket sales totaled $7.9 billion.…
Seabourn Unveils New Ultra-Luxury Voyages On Seabourn Quest For The 2025 Holiday And Spring 2026 Seasons
Seabourn Quest - Tahiti, Bora Bora, Rangiroa and Moorea - French Polynesia - Image Credit Seabourn Seabourn has announced a new program of immersive itineraries available on Seabourn Quest as…
Julien Labays Appointed Resort Manager at the Rosewood Baha Mar in The Bahamas
Julien Labays Appointed at the Resort Manager at Rosewood Baha Mar in The Bahamas - Image Credit Rosewood Hotels Hailing from Pau, a picturesque commune nestled by the Pyrenees, Julien…
Berlin Hotel Room Rates Jumped During an Eventful July
Berlin Hotel Room Rates Jumped During an Eventful July - Image Credit Unsplash+ Boosted by three key events, Berlin’s hotel industry posted its highest July levels in average daily rate…