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Hospitality sector stabilises but closures still possible

Hospitality sector stabilises but closures still possible
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

City of londonCity ofUnited kingdomKarl chessellMarket recovery monitor

Accommodation Preferences After COVID-19: Back to Normal or a New Normal?

Accommodation Preferences After COVID-19: Back to Normal or a New Normal?
hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.

Market recovery monitor

Europe hotel occupancy remains stable amid war in Ukraine

Hotel performance has remained stable in most of Europe amid the war in Ukraine, and countries bordering the conflict area have seen a refugee-driven lift in occupancy.

United statesUnited kingdomCity ofAsia pacificCostar group incNorthern europeSouthern europeMarket recovery monitorSix nationsNorth americanCostar group

Strong finish to 2021 for most of U S , sizable RevPAR Gains for D C and New York

STR’s final 51-chart map of the year shows recent national/regional trends and many states finishing 2021 strong. Further, trend lines for revenue per available room (RevPAR) on a total-room-inventory (TRI) basis provide ample evidence of the hotel industry’s extraordinary rebound, particularly in the second half of the year.

New yorkUnited statesDistrict of columbiaBrian rileySenior research analystMarket recovery monitorResearch analyst

In Trend Reversal, Big City Markets Lead US Weekly Hotel Performance

U.S. hotels in big city markets, which struggled more than other destinations in the pandemic and have been a drag on weekly performance far more often than not, provided a lift to the overall industry in the post-Thanksgiving week.

United statesNew yorkGreat recessionTrend reversalBig city markets leadHotel performanceArt baselExcluding miamiNew york cityExcluding sundayMyrtle beachMarket recovery monitor