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Despite another challenging year in many respects, the global hotel industry remained resilient in 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more than 2023, resulting in Revenue per Available Room (RevPAR) growth of 3.7%.
According to a recent report, American travelers are increasingly cautious about spending money on travel. Future Partners conducted the research, which gathered data from over 4,000 American travelers in January 2025.
The whirlwind first few weeks of the second Trump administration have left private employers with concerns and questions related to Diversity, Equity, and Inclusion (DEI) programs. In order to dispel myths and provide practical answers about your legal risks, FP’s DEI and Equal Employment Opportunity Compliance Team has assembled the following series of questions and answers.
According to a recent report, American travelers are increasingly cautious about spending money on travel. Future Partners conducted the research, which gathered data from over 4,000 American travelers in January 2025.
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.
Destinations in the North such as Iceland, Finland, Norway have become more popular in the recent years. Instead of picking tropical getaways, some tourists prefer to travel to cold places in the winter months. What is to this “cold is the new hot” travel trend?
This research article analyzes the performance of the hotel market in Baltimore for the trailing four quarters ending in Q3 2024, with a specific focus on key metrics such as occupancy, average rate (ADR), and revenue per available room (RevPAR).
The Boston lodging market continues to progress, steadily closing the gap on pre-pandemic RevPAR levels (inflation adjusted). With the new-construction pipeline empty and a record year anticipated in the convention sector, the market’s future is among the brightest in the nation.
To analyze current trends in hotel development activity, CBRE analyzed construction data provided by CoStar. In addition, comparisons were made to the intentions expressed by hotel investors in CBRE’s May 2024 U.S. Hotel Investor Intentions Survey. This provided the opportunity to compare where hoteliers are showing preferences to build versus buy.
December 2024 saw a robust end for the hotel industry in the Asia Pacific region, with 16 of the 20 largest countries reporting year-over-year growth in revenue per available room (RevPAR). Vietnam and Japan showed the highest growth.
Word-of-mouth marketing has always been a cornerstone of hotel promotion, and UGC is its modern evolution. By integrating guest-generated content into your hotel’s social media and marketing strategies, you can create more compelling campaigns. Here’s why UGC is so impactful.
Unhitched Outdoors, and their RV park ownership group, Unhitched RV and management division, Unhitched Management, a leader in outdoor hospitality, has selected TravelBoom Hotel Marketing to develop a front-facing corporate site (www.UnhitchedRV.com).
otal full-year traffic in 2024 (measured in revenue passenger kilometers or RPKs) rose 10.4% compared to 2023. This was 3.8% above pre-pandemic (2019) levels. Total capacity, measured in available seat kilometers (ASK), was up 8.7% in 2024. The overall load factor reached 83.5%, a record for full-year traffic.
The Americans with Disabilities Act (ADA) is a significant piece of federal legislation that protects individuals with disabilities from discrimination in various areas of life. Title I, in particular, applies to the protection of individuals with disabilities in the area of employment.
Canada's average daily rate (ADR) and revenue per available room (RevPAR) hit an all-time high in 2024. - Despite economic challenges, the growth in business travel signaled a strong performance in the hotel industry.
In 2024, the U.S. hotel industry hit record levels for the average daily rate (ADR) and revenue per available room (RevPAR), according to year-end data from leading real estate marketplace and analytics provider CoStar.