Hospitality Trends – Technology News Through March 2024, consumer spending on travel is robust with significant increases in passenger traffic, according to the latest global report from the Mastercard Economics…
Hospitality Trends – Technology News CBRE’s latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the 3.0% estimated in February 2024. RevPAR is now expected to…
Hospitality Trends – Technology News Following the interruption of Barbados’s tourism industry during the COVID&19 pandemic, Barbados is on pace to surpass the peak achieved in 2019 during 2024. The…
Hospitality Trends – Technology News U.S. scheduled passenger airlines reported a 2023 after&tax net profit of $7.8 billion, and a pre&tax operating profit of $13.2 billion.
Hospitality Trends – Technology News Today, Airlines Reporting Corp. (ARC) released data showing April air ticket sales totaled $9.1 billion for U.S. travel agencies & a 4% increase from April…
Hospitality Trends – Technology News The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through 11 May.
Hospitality Trends – Technology News The Q1 2024 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) reveals, at Q1, the hotel construction pipeline in the…
Hospitality Trends – Technology News Canadian hotel investment activity totaled approximately $750 million in Q1 2024, up more than twofold from the same period last year with the closing of…
Hospitality Trends – Technology News The commercial real estate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of credit spreads…
Hospitality Trends – Technology News Pushed by the Madrid Open and the UEFA Champions League quarterfinals, Madrid’s hotel industry posted double&digit performance growth in April, according to preliminary data from…
