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European Hotel Sector Experiences Boom with Record&High Projects and Conversions
2025-02-13 18:09:02| Hotel Resource
The European hotel sector is experiencing a surge in growth, with 1,661 projects in the pipeline and a 26% increase in property conversions at the end of Q4 2024.
Category:
Hospitality
LATEST NEWS
Paris Hotel Industry Hits January Record Highs Amidst New Year Celebrations and Major Events
2025-02-13 18:03:57| Hotel Resource
New Year's festivities and a series of major events in Paris have led to all&time high hotel revenue and average daily rates for January.
Category:
Hospitality
U.S. Hotel Industry Sees Performance Dip for Week Ending February 8, 2025, Despite Boost from Super Bowl LIX
2025-02-13 18:00:11| Hotel Resource
The U.S. hotel industry reported a slight decrease in key performance metrics, with occupancy, average daily rate (ADR), and revenue per available room (RevPAR) all down from the same week in 2024.
Category:
Hospitality