News from
Media
› The Summer Travel Rally for Hotels Failed to Materialize & CBRE U.S. Hotels State of the Union November 2024 Edition
The Summer Travel Rally for Hotels Failed to Materialize & CBRE U.S. Hotels State of the Union November 2024 Edition
2024-11-15 18:20:46| Hotel Resource
Q3 performance trends were weaker than expected. ADR continued to lag inflation at 0.6% and occupancy declined 0.8%, resulting in a 0.2% decline in RevPAR. Business centric chain scales and location types outperformed, while leisure and resort locations underperformed.
Category:
Hospitality
LATEST NEWS
Marriott Starts to Lay off Corporate Employees
2024-11-15 18:16:31| Hotel Resource
Marriott International informed employees this week about a widespread restructuring that may result in hundreds of employees exiting the company, sources within the company told Skift.
Category:
Hospitality
Exclusive Insights: Cvent CEO Charts Future of Meetings and Events at Cvent CONNECT Europe Conference
2024-11-15 18:09:17| Hotel Resource
Reggie Aggarwal, Cvent CEO, identifies AI advancements, value prioritization, and a resurgence of the experience economy as the three major trends driving the growth of the events industry.
Category:
Hospitality