Consumer Trends: Page 4
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Edwin Tan via Getty Images
Upper-tier hotel segments to see highest RevPAR growth in 2024-25: report
STR and Tourism Economics maintain their hotel performance growth outlooks for each year and say changing traveler behavior will benefit higher tiers.
By Jenna Graber • Aug. 12, 2024 -
Drazen_ via Getty Images
Hospitality trends that drove RevPAR gains, pipeline growth in Q2
Heightened group travel boosted revenues for several hotel companies, while conversions and extended stay remained top of mind for developers.
By Jenna Graber • Aug. 9, 2024 -
Courtesy of My Place Hotels
Q&AMy Place Hotels CEO talks evolution of extended stay, breaking the mold
With a long family history in hospitality, Ryan Rivett shares his outlook on the “desirable” extended stay segment and his strategy for My Place as it celebrates 10 years of franchising.
By Jenna Graber • Aug. 5, 2024 -
Courtesy of Marriott International
Luxury, group travel in Las Vegas drove Q2 gains for MGM
The resort operator said room rates on the books in Sin City are higher for the third quarter as well, but Formula 1 in Q4 is “off to a soft start.”
By Jenna Graber • Aug. 1, 2024 -
Courtesy of Under Canvas
Hyatt partners with Under Canvas in luxury outdoor loyalty play
World of Hyatt members gain access to the upscale hospitality provider's 13 outdoor resorts as Hyatt bolsters its luxury portfolio.
By Noelle Mateer • July 29, 2024 -
Courtesy of Valencia Hotel Group
Valencia Hotel Group makes college town play with Texas acquisitions
The two boutique College Station deals come as more hotel players eye growth opportunities in “stable” university-supported markets across the U.S.
By Jenna Graber • July 24, 2024 -
dszc via Getty Images
Deep Dive // Hot MarketsMarket Spotlight: Phoenix
Sports tourism and a flourishing manufacturing sector are driving hotel performance gains as well as investor and developer activity in the metro area.
By Jenna Graber • July 16, 2024 -
Art Wager via Getty Images
US lodging prices fell in June
Prices across economic sectors are easing, with travel costs leading the way, according to the U.S. Travel Association’s monthly Travel Price Index.
By Noelle Mateer • July 16, 2024 -
Courtesy of Hilton
Hotel restaurants use storytelling, immersive experiences to draw repeat guests
Successful concepts center narratives, offer signature experiences and are well-attuned to changing customer tastes, experts say.
By Brian Martucci • July 15, 2024 -
Courtesy of HotelsHero
Hotel Tech-in: The AI-powered system safely storing guest luggage
The recently launched HotelsHero stores guests’ baggage on-property without lockers or added costs for hoteliers.
By Jenna Graber • June 27, 2024 -
Dan Kitwood via Getty Images
How a TikTok ban could impact hotel marketing efforts
Hospitality industry pros share what hotels stand to lose from a potential ban as well as alternative hotel marketing strategies to consider.
By Jenna Graber • June 18, 2024 -
Courtesy of REM Public Relations
Highgate opens first adults-only hotel on Oahu
The boutique Romer House Waikiki will target the travelers-without-kids demographic on the island, according to Highgate Hawaii President Kelly Sanders.
By Jenna Graber • June 17, 2024 -
Courtesy of Timeshifter
Hotel Tech-in: The app helping guests beat jet lag
InterContinental Hotels & Resorts has tapped Timeshifter, which uses science to help travelers navigate time differences, to improve the guest experience.
By Noelle Mateer • May 31, 2024 -
Spencer Platt via Getty Images
McKinsey on the future of travel — and the opportunity for hotels
Hospitality players will need to adapt to “nuanced and proliferating” traveler types to succeed, McKinsey Associate Partner Jasperina de Vries told Hotel Dive.
By Noelle Mateer • May 29, 2024 -
Daniel Boczarski via Getty Images
How political party conventions are impacting hotel rates in Chicago, Milwaukee
Research from hospitality data provider Lighthouse shows the Republican and Democratic National Conventions are having “vastly different” effects on the cities’ respective hotel markets.
By Noelle Mateer • May 23, 2024 -
onurdongel via Getty Images
Hotels to see ‘marginal’ performance gains despite economic woes: PwC
Hotel occupancy, ADR and RevPAR will rise this year and into 2025 even as “economic uncertainty and geopolitical tensions” continue, the professional services company forecasts.
By Jenna Graber • May 23, 2024 -
jacoblund via Getty Images
US hotel RevPAR to grow 3% for remainder of 2024: CBRE
Despite a “weaker than expected” first quarter, CBRE analysts forecast an uptick in international visitors, election-related events and muted supply growth will drive RevPAR results.
By Jenna Graber • May 21, 2024 -
Mario Tama via Getty Images
The summer 2024 travel trends that will impact hotels
Americans hitting the road this summer will have different demographics, budgets and reasons for travel — and more of them are opting for alternative lodging.
By Noelle Mateer • May 21, 2024 -
Courtesy of Cris Molina for IHG Hotels & Resorts
IHG, Marriott launch ‘multisensory’ offerings for luxury and lifestyle guests
The amenities debut as guests increasingly seek unique experiences and a greater connection to nature, particularly at lifestyle hotels.
By Noelle Mateer • May 17, 2024 -
Spencer Platt via Getty Images
The Gen Z traveler has landed: Here’s what the numbers say
With 72% of millennials and 65% of Gen Zers planning to spend more on travel this year than 2023, brands need to connect at each step of the journey.
By Sara Karlovitch • May 3, 2024 -
Justin Sullivan via Getty Images
Total solar eclipse drives hotel RevPAR gains across US
Hotels in larger urban areas along the path of totality from Texas to Maine saw higher performance boosts from the April 8 event, with Indianapolis seeing the greatest impact.
By Jenna Graber • April 23, 2024 -
jacoblund via Getty Images
Customer satisfaction with lodging is back to pre-pandemic levels: report
Hilton brands, in particular, came out on top in this year’s American Customer Satisfaction Index Travel Study.
By Noelle Mateer • April 23, 2024 -
Courtesy of Great Wolf Lodge
Hilton Grand Vacations, Great Wolf Lodge partner on guest benefits
Guests will be able to book Great Wolf Lodge stays with HGV club points, as the vacation ownership company courts experiential and family travelers.
By Noelle Mateer • April 18, 2024 -
Courtesy of Under Canvas
Under Canvas expands to California as glamping market heats up
The upscale outdoor hospitality company will open an 80-acre camp near Yosemite National Park in 2025.
By Noelle Mateer • April 12, 2024 -
Art Wager via Getty Images
St. Louis led US for year-over-year events volume growth in March
The market saw 24.3% growth in events volume last month bolstered by sports and national association happenings, outpacing major cities like Las Vegas and Seattle, according to Knowland.
By Jenna Graber • April 9, 2024
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