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U.S. Hotel Industry Sees Performance Dip in January 2025, Tampa Records Highest Occupancy

2025-02-20 18:57:44| Hotel Resource

According to CoStar's January 2025 data, the U.S. hotel industry reported a slight decrease in performance from the previous month.

Category:

Hospitality
 
The Circus Hotel Boosted Revenue By 299% with Metasearch Campaigns Via Cendyn DMP

2025-02-20 18:27:57| Hotel Resource

By launching and managing all of its metasearch advertising campaigns via the Cendyn DMP, The Circus Hotel achieved remarkable growth in its digital marketing performance in 2024.

Category:

Hospitality
 
Singapore's Tourism Sector Set for Record&Breaking Growth in 2025

2025-02-20 18:13:27| Hotel Resource

Singapore is poised to set a new record for international arrivals in 2025, outpacing other Southeast Asian nations such as Thailand and the Philippines.

Category:

Hospitality
 
Report Calls for Urgent Travel System Reforms Ahead of U.S. Mega&Decade Events

2025-02-20 17:32:26| Hotel Resource

A new report released by the U.S. Commission on Seamless and Secure Travel highlights the urgent need for reforms in the country's air travel system ahead of several major global events, including the 2026 FIFA World Cup and the 2028 Olympic and Paralympic Games.

Category:

Hospitality
 
HSMAI Celebrates 68th Annual Adrian Awards

2025-02-20 17:23:03| Hotel Resource

The Hospitality Sales and Marketing Association International (HSMAI) celebrated the best in travel marketing at the Adrian Awards Celebration on Tuesday, February 18, at the New York Marriott Marquis, with more than 500 industry and agency executives in attendance.

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Hospitality
 
Chinese New Year Hotel Performance 2025: Market Trends and Standout Cities

2025-02-20 16:47:12| Hotel Resource

Despite a general economic slowdown, several Chinese cities saw positive hotel industry performance during the Spring Festival, with Shenzhen, Zhengzhou and Wuxi standing out.

Category:

Hospitality
 
U.S. Travel Agency Sales Top $9.3 Billion in January 2025

2025-02-20 16:40:10| Hotel Resource

Agency Sales Stay High to Start 2025 After Record Year

Category:

Hospitality
 
410 Room Westin Washington, D.C. City Center Hotel Sold for $92M

2025-02-20 16:35:15| Hotel Resource

DiamondRock Hospitality Company has announced the completion of the Westin Washington, D.C. City Center's sale for $92.0 million, marking a significant stride in its long&term earnings and cash flow per share growth strategy.

Category:

Hospitality
 
The Maxwell Hotel in Seattle Secures $29.5M Refinancing Deal

2025-02-19 18:46:35| Hotel Resource

JLLs Hotels & Hospitality Group arranged the financing for a 139&key hotel in Seattles Queen Anne neighborhood

Category:

Hospitality
 
Global Hotel Performance Remains Resilient

2025-02-19 18:42:31| Hotel Resource

Despite another challenging year in many respects, the global hotel industry remained resilient in 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more than 2023, resulting in Revenue per Available Room (RevPAR) growth of 3.7%.

Category:

Hospitality
 

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