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Leisure Travelers Becoming More Price Sensitive

Article - Leisure Travelers Becoming More Price Sensitive - CoStar - Hoteliers and travel experts speaking at the 2023 Hotel Data Conference said leisure travelers want to feel like they re getting a good value in their stay and that they re getting what they pay for.

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Executives Grapple With How Hospitality Must Change To Attract Workers

Article - Executives Grapple With How Hospitality Must Change To Attract Workers - CoStar - While wage negotiations are always at the center of hiring, recruitment and retention, hotel leaders said young employees are also being more direct with their expectations of a career trajectory in the industry.

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STR, TE lower growth forecast for U S hotels - TravelDailyNews International

STR, TE lower growth forecast for U S hotels - TravelDailyNews International
traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.

Hotel data conferenceTourism economicsAnnual hotel data

STR and Tourism Economics Lower Growth Forecast for U S Hotels

Article - STR and Tourism Economics Lower Growth Forecast for U.S. Hotels - For 2023, growth in revenue per available room (RevPAR) was lowered by 0.5 percentage points, due to a 0.6ppt downgrade in occupancy growth. For 2024, the RevPAR growth projection was also lowered 0.5ppts on a 0.5ppt downgrade in occupancy. Average daily rate (ADR) was upgraded 0.1ppts for 2023 but kept flat for 2024.

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STR, TE lower growth forecast for U S hotels

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast just presented at the 15th Annual Hotel Data Conference.

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