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US Solar Eclipse Hotel Occupancy Increases by Another 10 Percent

Amadeus | March 21, 2024

 Amadeus Demand360+ data shows demand is still on the rise On April 8th, there will be a total solar eclipse that traverses North America. Being able to witness this from land is incredibly rare, with astronomers at NASA saying that it could be as long as 375 years before a similar event occurs in this North American pathway. Over the past few months, Amadeus has been tracking the impact of the eclipse on hotel booking patterns across America using forward-looking business intelligence data from Demand360+®. The highlights from the latest data drawn on February 29, 2024, are as follows: Average hotel occupancy across the 9 markets of...

An Unexpected Detour: The Cleveland Hotel Market in the Wake of COVID-19

Adam Zarczynski | June 11, 2020

By Adam Zarczynski Coming into 2020, the United States hotel industry was ready to build on the record-setting performances of the past few years. In 2019, RevPAR and ADR reached the highest levels ever tracked by STR. While some experts warned of oversaturation with the number of new properties built in recent years, nobody could have predicted the current state of the industry as a result of the COVID-19 pandemic. For most of April, weekly RevPAR declines of more than 80% year-over-year across the United States were common. While resort destinations such as Hawaii and parts of Florida have seen tremendous decline in hotel performance, th...

MCR Acquires Hilton Garden Inn Cleveland Downtown, Ohio, Near A Christmas Story House

MCR | December 16, 2019

Leg lamps for every guestroom! MCR, the fifth-largest hotel owner-operator in the United States, has acquired the 240-room Hilton Garden Inn Cleveland Downtown in Cleveland, Ohio. The Hilton Garden Inn — we triple dog dare you to find a better place to stay — lies just a short drive from the home where the 1983 yuletide classic A Christmas Story was filmed. In case you’re not one of the millions who tune in to TNT or TBS annually for the film’s 24-hour Christmas Eve marathon, a quick primer: The 1940s-set tale follows 9-year-old Ralphie Parker in his quest to obtain a Red Ryder BB gun from Santa and survive the school bullies �...

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