Consumer Trends: Page 4
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Courtesy of Hilton
Q&AHow 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 -
Courtesy of Choice Hotels International
Q&AWhat’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 -
Kevin Winter/Getty Images for TAS Rights Management via Getty Images
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 -
Jenna Walters/Hotel Dive
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 -
Jenna Walters/Hotel Dive
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 -
Jenna Walters/Hotel Dive
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 -
Kevin Dietsch via Getty Images
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 -
Courtesy of Hilton
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 -
AscentXmedia via Getty Images
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 -
Drew Angerer via Getty Images
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 -
mizoula via Getty Images
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 -
Courtesy of Hyatt
Q&AHyatt 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 -
Mario Tama via Getty Images
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 -
FG Trade Latin via Getty Images
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 -
Ziga Plahutar via Getty Images
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 -
Jason Kempin via Getty Images
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 -
Scott Olson via Getty Images
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 -
Courtesy of Choice Hotels International
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 -
Drew Angerer via Getty Images
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 -
Anchiy via Getty Images
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 -
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
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