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U.S. Hotel Industry Records Mixed Performance in April 2025, CoStar Data Reveals
2025-05-21 14:28:34| Hotel Resource
The U.S. hotel industry reported a slight decline in occupancy rates in April 2025, with average daily rates showing a modest increase.
Category:
Hospitality
LATEST NEWS
More Frequent Short Trips: How Americans are Adjusting Their Summer Travel Plans Amid Financial Concerns
2025-05-20 18:53:52| Hotel Resource
The Deloitte 2025 Summer Travel Survey reveals that more than half of Americans (53%) plan to travel and stay in paid lodging this summer. This is an increase from 48% last year, despite financial concerns and economic pressures. Many Americans are making adjustments by taking more frequent yet shorter trips. Other influencing factors include remote work, technology, and sustainability.
Category:
Hospitality
Changing Travel Trends: Insights From Expedia Group's 2025 Traveler Value Index
2025-05-20 18:53:52| Hotel Resource
The Index, which is based on insights from over 11,000 consumers across 11 global markets, shows an increase in the influence of social media on travel decisions and the ongoing importance of trust and loyalty programs in the booking process.
Category:
Hospitality