Consumer Trends


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    Leisure travel intent remains strong despite consumer spending concerns: Deloitte

    The financial services company found that consumers’ spending intentions have stayed solid for leisure travel, though travelers may make trade-offs to keep trips affordable.

    By Feb. 28, 2024
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    Earnings

    Hotel trends that drove Q4 revenue, portfolio growth

    Despite a still-challenged lending environment and economic uncertainty, hotel operators focused on conversions and the booming midscale and luxury segments to fuel growth.

    By Feb. 26, 2024
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    After historic highs in 2023, NYC RevPAR will continue to grow: JLL

    The city’s hotels could gain up to $380 million in revenue this year following Local Law 18’s crackdown on short-term rentals.

    By Michele Laufik • Feb. 22, 2024
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    f11photo via Getty Images
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    Las Vegas hotels see record-breaking ADR from Super Bowl LVIII: CoStar

    With hotel rates far higher than originally predicted, the city surpassed Miami’s 2020 record Super Bowl weekend ADR by 33%.

    By Feb. 20, 2024
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    Q4 hotel RevPAR declined by 1.9%: CBRE

    Demand for alternative lodging and outbound international travel contributed to the decline, though inbound travel is expected to boost hotel occupancies in 2024.

    By Michele Laufik • Feb. 20, 2024
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    Ziga Plahutar via Getty Images
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    Opinion

    4 ways hoteliers can optimize loyalty

    Hotel loyalty programs are not just a tool for customer retention — they are a strategic asset that can significantly contribute to RevPAR.

    By Mo Chaar • Feb. 12, 2024
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    Courtesy of Grubhub
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    My Place Hotels of America taps Grubhub for food delivery

    The hotel franchisor aims to enhance the guest experience through the partnership, as hotel dining becomes increasingly digital.

    By Feb. 12, 2024
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    FG Trade Latin via Getty Images
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    Nearly three-fourths of Americans will maintain or increase hotel stays in 2024: AHLA

    Inflation, however, is preventing the hotel industry from reaching its full potential, according to President and CEO Chip Rogers.

    By Feb. 12, 2024
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    f11photo via Getty Images
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    Record ADR predicted for Las Vegas hotels over Super Bowl LVIII weekend

    Hotel performance in the city from Friday through Sunday will significantly outpace last year’s gameday weekend in Phoenix, STR forecasts.

    By Feb. 8, 2024
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    Hilton expands on-property messaging in bid to enhance guest experience

    The company’s mobile messaging platform will be available across its entire portfolio by the end of 2024 to “support the growing need for frictionless travel.” 

    By Jan. 31, 2024
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    Dimensions via Getty Images
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    2024 Outlook

    Hotel industry forecast 2024: development, F&B, technology and more

    Leaders in the hospitality industry shared with Hotel Dive what trends will drive progress at hotels this year, impacting everything from on-site amenities to hotel workforce management.

    By Jan. 30, 2024
  • Travelers will prioritize experience over hotel class in 2024.
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    blackCAT via Getty Images
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    Travelers to prioritize experiences over hotel class in 2024: Deloitte

    Travel spending will persist this year, but consumers will focus more on the destination and experiences over hotel class or upgrades, according to a new study.

    By Jan. 26, 2024
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    Dimensions via Getty Images
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    Deep Dive // 2024 Outlook

    The wellness travel trends that will impact hotel amenities in 2024

    Hotels are boosting their wellness offerings beyond the spa, revamping food and beverage, the sleep experience and even how hotels are designed in the first place.

    By Jan. 25, 2024
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    EXTREME-PHOTOGRAPHER via Getty Images
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    ‘Solid travel fundamentals’ to drive hotel performance growth in 2024: report

    STR and Tourism Economics raised their ADR growth projections slightly for the year and expect RevPAR and occupancy to increase due to heightened group business demand.

    By Jan. 23, 2024
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    Dragos Condrea via Getty Images
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    Sponsored by FedEx Office

    4 leisure traveler trends for 2024 to help give your property a competitive edge

    Expenditures on travel are on the rise as consumers embark on what has been termed “revenge travel,” visiting family, heading to bucket-list locations and celebrating delayed milestones with dream trips.

    Jan. 22, 2024
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    Retrieved from Ritz-Carlton on January 16, 2024
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    2024 Outlook

    Food and beverage trends that will shape the hotel industry in 2024

    Gone are the days of “Cheesecake Factory”-size menus as hotels prioritize a la carte and plant-forward food and beverage options, according to Marriott International’s senior director of culinary for the U.S. and Canada.

    By Jan. 16, 2024
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    Select service and extended stay hotels to hold strong investor interest in 2024: JLL

    The sector’s room supply nearly doubled between 1988 and 2023, and it will continue to dominate hotel companies’ pipelines in 2024.

    By Michele Laufik • Jan. 12, 2024
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    Deep Dive // 2024 Outlook

    7 hotel industry trends to watch in 2024

    Leaders in the hospitality industry will work to make staff happier, ramp up integration of generative AI and cater to a growing number of experiential and luxury travelers.

    By Jenna Walters and Noelle Mateer • Jan. 10, 2024
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    Ziga Plahutar via Getty Images
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    How changing travel demand will impact hotel performance, investment in 2024

    Heightened group and international travel demand will drive RevPAR growth and investor appetite, though investment won’t come without hurdles, according to Newbond Holdings.

    By Jan. 3, 2024
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    EXTREME-PHOTOGRAPHER via Getty Images
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    Electric vehicle charging gains traction across hotel industry

    In 2023, several EV charging providers launched national hotel deployments, and major players like Marriott and Hilton tapped preferred suppliers.

    By Dec. 19, 2023
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    Art Basel brings significant ADR boost in Miami: CoStar

    The art fair brought 79,000 visitors to the city, driving hotel performance growth in the second week of December.

    By Dec. 18, 2023
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    The image by Marco Becerra is licensed under CC BY 2.0
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    Dubai’s Jumeirah Group exploring US hotel opportunities

    Changing luxury travel demand is driving the hotel chain's expansion.

    By Dec. 15, 2023
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    f11photo via Getty Images
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    F1’s Las Vegas Grand Prix brings $220M in revenues to area hotels: CoStar

    Hotel operators MGM, Caesars and Wynn were forecasting record returns from the inaugural event.

    By Dec. 15, 2023
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    Deep Dive

    Market Spotlight: Miami

    Despite decreased year-over-year hotel performance, the market shows promise with RevPAR outpacing 2019 levels, business travel ramping up and a growing luxury pipeline.

    By Dec. 13, 2023
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    EXTREME-PHOTOGRAPHER via Getty Images
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    Heightened group demand in major markets drives hotel profits: CoStar

    New York City and Dallas, cities experiencing a resurgence in group travel, led U.S. hotel markets in gross operating profit and total RevPAR in October.

    By Dec. 8, 2023