RevPAR

Following "stiff headwinds" to U.S. hotel demand and pricing power this year, CBRE Hotels Research has lowered projections for 2023 revenue per available room but foresees improvement in 2024 as challenges moderate and international travel…

U.S. hotel revenue per available room in 2023 through June 24 is up year over year and "well above" pre-pandemic levels, but those gains are decelerating thanks to slowing shoulder nights on Sundays and Thursdays, STR managing director of…

Travel and hospitality company CFOs expect 2023 revenue per available room to be further driven up by higher average daily rates and occupancy levels, despite increasing costs and labor shortages, according to a New York University…

On the heels of first-quarter U.S. hotel rate gains, CBRE Hotels Research again has raised its 2023 revenue forecast due to "stronger-than-expected demand" and "modest" supply growth driving up occupancy, the company announced Thursday. …

Short-term accommodation provider Sonder Holdings' first-quarter revenue per available room, average daily rate and occupancy each increased year over year during the company’s “seasonably weakest quarter of the year,” company executives…

Wyndham Hotels & Resorts' first-quarter domestic revenue per available room hit record levels with 4 percent growth year over year driven by stronger pricing power and higher occupancy, Wyndham president and CEO Geoffrey Ballotti said…

Accor Group reported an “excellent” fourth quarter that lifted full-year 2022 revenue per available room above pre-pandemic levels, executives said Thursday during an earnings call.Accor deputy CEO and CFO Jean-Jacques Morin called the…

Wyndham Hotels & Resorts in the third quarter broke records for quarterly revenue per available room and pipeline growth, but occupancy lagged in recovery, the company announced Wednesday. The company saw its “highest U.S. RevPAR ever…

Hilton Hotels Corp.’s third-quarter business transient revenue per available room exceeded 2019 levels for the first time since the pandemic, the company announced Wednesday. “Business transient RevPAR reached 2019 levels with notable…

CBRE Hotels Research this week again increased its projection for 2022 U.S. hotel performance expectations, another in streak of forecasts from the firm that paints a powerful pricing picture for the coming months. The research firm…