Hotels in urban markets have yet to fully recover to pre-pandemic levels of group occupancy and rates, while resorts and suburban hotels have surged ahead.
First-of-its-kind market monitor combines hotel and corporate booking data with meeting and events insights to deliver new benchmark of industry performance in the United States
Ryan Meliker, president and co-founder of Lodging Analytics Research & Consulting, is projecting a brief, mild recession either late this year or early in 2023 but warns there's a risk of it becoming worse if the Federal Reserve continues hiking interest rates.
Thursday Nights Shaping Up as Battleground Between Leisure and Group
Group demand continued to grow in 2014, and 2015 will be another strong year. For a fourth straight year, PKF Hospitality Research (PKF-HR), a CBRE Company, has observed an increase in the number of events organized by meeting planners in 2014.
Group Demand to Drive Record Occupancy and Direct Online Booking