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IHG Hotels & Resorts Surpasses One Million Open Rooms Globally
2025-08-08 13:52:59| Hotel Resource
This development comes as the company continues to expand its presence in over 100 countries, supported by a growing travel industry and a strategic focus on increasing its brand portfolio.
Category:
Hospitality
Stability in China's Hotel Construction as Upscale Projects Reach New Milestones
2025-08-07 18:52:45| Hotel Resource
China's hotel construction pipeline remains stable with significant growth in upscale chain projects, setting new records in the second quarter of 2025.
Category:
Hospitality
Midscale Hotels and Experience&Focused Resorts Drive Profit Gains Across Europe & By Juan Gallardo
2025-08-07 18:52:45| Hotel Resource
Recent HotStats data shows that midscale and economy hotels are leading the pack in profitability, with gross operating profit (GOP) margins of 42% and 41%, respectively.
Category:
Hospitality
U.S. Hotel Industry Shows Mixed Results Amidst Regional Variations for Week Ending 2 August
2025-08-07 18:52:18| Hotel Resource
Overall, the industry saw slight year&over&year improvements, with occupancy at 69.5% (a minor decrease of 0.1%), an average daily rate (ADR) of $161.00 (up by 0.5%), and a revenue per available room (RevPAR) of $111.90 (a 0.4% increase).
Category:
Hospitality
CoStar and Tourism Economics Downgrade U.S. Hotel Growth Forecasts For 2025&26
2025-08-07 17:52:46| Hotel Resource
Key metrics such as demand, Average Daily Rate (ADR), and Revenue Per Available Room (RevPAR) have all been lowered, with demand forecasted to drop by 0.6 percentage points in 2025 and 0.5 in 2026.
Category:
Hospitality
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