Data & Research

  • Profit Plunge Has Hotel Industry Looking To Brighter 2021

    LONDON – As a fresh round of stricter COVID-related guidelines grip many parts of the world heading into the new year, the hotel industry is still feeling and reeling from the sting of the pandemic, though breakthrough vaccines could be the…

  • The Highland Group Releases November 2020 Performance For Extended-Stay Hotels

    Extended-stay hotels reported a 23.7% decline in room revenues in November 2020 compared to November 2019. The corresponding fall in overall hotel room revenues was 53.5% according to STR.  Contractions in extended-stay hotel occupancy and ADR were also far less…

  • Avendra
  • Survey: Nearly 70% Of Americans Will Not Travel For Christmas

    WASHINGTON–A recent national survey commissioned by the American Hotel & Lodging Association (AHLA) shows that nearly two-thirds (69%) of Americans will not travel for Christmas. With a new surge in COVID-19 cases, the CDC recommending that Americans do not travel over the…

  • Nearly 70% Of Americans Will Not Travel For Christmas

    WASHINGTON–A recent national survey commissioned by the American Hotel & Lodging Association (AHLA) shows that nearly two-thirds (69%) of Americans will not travel for Christmas. With a new surge in COVID-19 cases, the CDC recommending that Americans do not travel over the…

  • Expedia Group: One In Two Travelers Optimistic About Taking A Trip In The Next 12 Months

    SEATTLE–At its annual partner conference, explore ’20, Expedia Group revealed key considerations shaping travel decisions in 2021 and demonstrated technology enhancements to help travelers and partners make informed decisions and complete tasks. Expedia Group is sharing insights and tools to help the global travel ecosystem adapt to the shift in…

  • The Highland Group Releases October 2020 Performance Extended-Stay Hotels

    Average occupancy for extended-stay hotels was 68.2% in October 2020 compared to 48.3% STR reported for all hotels. For the past 20 years extended-stay hotel occupancy has been 10 to 15 points above the overall hotel industry. Since the pandemic…

  • HotStats Data Reveals U.S. Flips To Positive Hotel Profit As Europe Backslides

    LONDON– The U.S. in October shed the ignominy of being the only global region to have not recorded a positive month of profitability since the start of the COVID-19 pandemic. The country finally reached gross operating profit per available room…

  • CBRE’s 2021 U.S. Real Estate Outlook: Speed Of Recovery Mixed

    LOS ANGELES—CBRE expects that 2021 will see a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back from the pandemic-induced recession and even as a potentially split federal government tempers fiscal stimulus plans. CBRE…

  • U.S. Hotel Profit Stuck In Neutral; Rest Of The World Switches Gears

    LONDON—Bouncing back to profitability is proving a Sisyphean task for U.S. hotels. The rest of the world is having a slightly easier path. For the seventh consecutive month, U.S. hotels in September remained in negative gross operating profit per available…

  • Survey: 9 In 10 Voters Support Another COVID Relief Bill

    WASHINGTON–Americans are concerned about the impact of the coronavirus pandemic on all aspects of the economy, and 90 percent support Congress passing another economic stimulus bill to help distressed small businesses and employees, according to a new survey of registered…

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