Smith Travel Research is forecasting that hotel revenue and occupancy will make a recovery by the end of 2011. The report, which was released last week, stated that 2010 still was going to be tough ...
Investment sales for hotels also rebounded markedly in 2011, more than doubling its sales numbers from the previous year. 27 hotels traded for a total of $3.8 billion, according to the report. SEE ...
WESTLAKE VILLAGE, Calif.: 20 July 2011 — Hotel guest satisfaction with costs and fees has improved despite higher room rates, while satisfaction with other service and product-related aspects has ...
The region's hotel market has largely rebounded since taking a recessionary dip in 2009, data from Smith Travel Research show. Central Massachusetts hotels tracked by the firm saw revenues start to ...
New Orleans-area hotels beat their 2011 occupancy rates last year by 5.5 percent, according to Smith Travel Research‘s monthly hotel report released today. Hotels were 67.6 percent occupied in 2012, ...
The most recent development by Torgerson Properties, the Homewood Suites by Hilton in St. Louis Park, was the top-performing new hotel of the Homewood brand in 2010. (Staff photo: Bill Klotz) ...
New Orleans-area hotels continued to remain ahead of 2011 occupancy figures by running nearly 6.2 percent ahead of 2011 occupancy through the first 11 months of the year compared with the same time ...
Starwood Hotels & Resorts Worldwide, Inc. reported it expects to open another 70 to 80 new-build and conversion hotels in 2011, after opening 72 in 2010. Starwood will open nearly 70 percent of its ...