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STR Weekly Insight: U.S. Hotel Industry Facing Setbacks, Global Market Thriving
2025-03-24 18:53:29| Hotel Resource
For the week ending 15 March 2025, the U.S. hotel industry saw a 4.2% year&on&year decline in revenue per available room (RevPAR) due to decreased occupancy and conference shifts. In contrast, the global hotel industry, excluding the U.S., witnessed a RevPAR gain of 3.3% due to a strong average daily rate (ADR). [ more ]
Category:
Hospitality
LATEST NEWS
Germany and Britain Issue Warnings About Traveling to America
2025-03-24 18:46:38| Hotel Resource
News of ugly travel experiences and anger at the US are expected to have major negative impacts on Americas tourism industry [ more ]
Category:
Hospitality
AI Trip Planner: Booking.com's Move Towards Intent&Driven Travel with OpenAI
2025-03-24 18:39:58| Hotel Resource
Booking.com's collaboration with OpenAI has resulted in the development of the AI Trip Planner, a tool designed to personalize travel at scale and enhance destination discovery and travel planning. [ more ]
Category:
Hospitality