Consumer Trends: Page 3
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Top hospitality industry takeaways from 2024’s Lodging Conference
At the annual event in Phoenix, hotel industry leaders shared the opportunities and challenges facing the sector and forecasted what will drive hospitality growth in 2025.
By Jenna Graber • Oct. 31, 2024 -
Sports tourism big opportunity for Las Vegas growth: MGM CEO
In the third quarter of 2024, MGM Resorts saw a revenue boost and record ADRs in the Vegas market, which Bill Hornbuckle calls a “major player in the sporting world.”
By Jenna Graber • Oct. 31, 2024 -
Retrieved from Four Seasons Resort Orlando at Walt Disney World on October 30, 2024
Hotel Tech-in: The massage robots joining luxury hotel spas
Aescape is making massages more accessible, and scheduling more flexible, for wellness-minded travelers — even in properties with fully staffed spas.
By Noelle Mateer • Oct. 30, 2024 -
Deep Dive
Beyond school colors: How college-town hotel amenities draw guests
As guest preferences change and higher education edges into an uncertain future, campus-adjacent hotels are getting creative to attract students, families and fans.
By Brian Martucci • Oct. 28, 2024 -
Opinion
How to harness data to create personalized hotel stays
Data-driven insights can help hotels anticipate guests' needs to create unique and memorable stays.
By Adam Ortman • Oct. 25, 2024 -
Q&A
How Orlando’s Evermore combined luxury hotel rooms and short-term rentals into one destination resort
Demand for the Florida resort has exceeded the expectations of owner-operator Dart Interests, which hopes to expand the concept to new markets, according to EVP Stewart Brown.
By Noelle Mateer • Oct. 24, 2024 -
Q&A
What’s the future of extended stay? Choice Hotels leader weighs in
As Choice opens its 500th extended stay property, VP Matt McElhare shares what markets and segments are poised for future growth and how leveraging technology will set brands apart.
By Jenna Graber • Oct. 23, 2024 -
Final leg of Taylor Swift’s Eras Tour to boost hotel RevPAR: report
Hotel markets where Swift's tour has already stopped have seen RevPAR outperform the global average by 490 basis points, amounting to nearly $1 billion in incremental room revenue, according to JLL.
By Noelle Mateer • Oct. 21, 2024 -
Top hospitality trends from 2024’s Lodging Conference
Hotel investment is on the rise, guests are craving experiential stays more than ever and extended stay is still top of mind, but labor and tech challenges linger.
By Jenna Graber • Oct. 14, 2024 -
View from the top: Hospitality CEOs give their industry outlooks
Hospitality industry leaders from AAHOA, Extended Stay America, Peachtree Group and JLL are optimistic, despite possible regulatory hurdles.
By Jenna Graber • Oct. 9, 2024 -
Hospitality leaders talk ‘insatiable’ luxury hotel demand
Experts from Marriott, IHG, Auberge and Host share what’s driving the evolution of the luxury hotel segment and opportunities for brand growth and development.
By Jenna Graber • Oct. 8, 2024 -
Holiday travelers less concerned about hotel prices
Americans traveling for this year’s holiday season are increasingly tech-savvy, and many will leverage loyalty to cut down on costs, according to PwC’s Holiday Outlook 2024.
By Noelle Mateer • Oct. 4, 2024 -
Hilton says ‘travel maximizing’ will be 2025’s leading trend
Next year’s trends include “slow travel,” digital detoxes, sports tourism, sober-curious trips and more as hotel guests seek “high-impact” experiences.
By Noelle Mateer • Oct. 1, 2024 -
Western US mountain properties see stronger fall and winter bookings: DestiMetrics
Properties across Colorado, Utah, California, Nevada, Wyoming, Montana and Idaho reported a stable summer, a trend expected to lead into a prosperous end of year.
By Michele Laufik • Sept. 26, 2024 -
Growth of travel prices slows amid cooling inflation
Lodging prices in August, however, were up 2% month on month, according to the U.S. Travel Association's Travel Price Index.
By Noelle Mateer • Sept. 16, 2024 -
US Open boosts NYC events volume, hotel rates
Though Las Vegas remained the top market for year-on-year events growth in August, sports events gave New York a “substantial” lift, per Knowland.
By Noelle Mateer • Sept. 11, 2024 -
Q&A
Hyatt brand leader talks all-inclusive strategy, global travel trends
Melanie Benozich shares how Hyatt’s Inclusive Collection has evolved, the brand’s growth trajectory and where opportunity lies to meet changing traveler demands.
By Jenna Graber • Sept. 9, 2024 -
Despite impact of wildfires, Maui leads US for average daily rates: report
While its hotel performance has declined year over year, the Hawaiian island still commands higher room rates than any other major destination in the country, according to STR.
By Noelle Mateer • Sept. 6, 2024 -
Guest satisfaction up at hotels run by third-party management: J.D. Power
Davidson Hospitality Group had the highest satisfaction scores of other large hospitality management companies, whose hotels are outperforming independently operated ones.
By Jenna Graber • Sept. 4, 2024 -
US led record global hotel pipeline in Q2 with most projects: report
The U.S. beat China with a record 6,095 hotel pipeline projects, and upper-tier chain scales “dominated” in the second quarter of 2024, according to Lodging Econometrics.
By Jenna Graber • Aug. 23, 2024 -
Deep Dive
‘Lifestyle wars’ ramp up as hotel brands compete in crowded segment
With its acquisition of Standard International, Hyatt continues to grow its lifestyle portfolio, but the company will have to fight competitors for resources in the saturated space.
By Jenna Graber • Aug. 22, 2024 -
CBRE reduces 2024 RevPAR forecast, notes challenges ahead for hotels
Election-related events and international travel will buoy near-term RevPAR growth, but economic headwinds could pose risks for U.S. hotels.
By Jenna Graber • Aug. 19, 2024 -
Choice Hotels taps creative, digital agencies for ‘next level’ marketing play
Along with new partners Dentsu X and 72andSunny, Choice sets up strategy for the remainder of 2024 and plots a 2025 campaign, in addition to loyalty enhancements.
By Jenna Graber • Aug. 14, 2024 -
Top trends driving US hotel investment in 2024
Supply growth, travel demand and changes to the lending environment will guide hotel performance and investor appetite this year, according to a report from JLL.
By Jenna Graber • Aug. 13, 2024 -
Middle-income travelers opting for shorter hotel stays, budget options: report
When it comes to travel spending, middle-income consumers are behaving more like low-income ones — though they’re still traveling nearly as much as their higher-income counterparts, according to Morning Consult.
By Noelle Mateer • Aug. 13, 2024