global hotel industry performance
With Summer’s Last Breath, Global Hotel Industry Still Gasping for Air
HotStats | September 28, 2021
The collective hotel industry is facing a cold, hard truth: attaining the same level of pre-pandemic operational performance will not be measured in days, but months, even years. That's what August data from HotStats portends and at a crossroads, as summer gives way to fall and a host of new variables come into play that could derail the modest success the past several months have demonstrated. In the U.S., profit continues to lag its 2019 form, with GOPPAR recorded at $52.27 in August, 31% lower than it was in August 2019. However, in a business that changes block to block, there is some good news, with some pockets surpassing expectation...
2021 Is Halfway Complete. How Far Has the Hotel Industry Made It Back?
HotStats | August 2, 2021
Gauging the global hotel industry’s recovery is a lot like poker: you play the hand you’re dealt as best you can and you never know what the next one will bring. Just when we thought we might be out of the woods, an uptick in new cases, the Delta variant and fervent discussion over the vaccinated and unvaccinated have conspired, resulting in the return of masks in some jurisdictions and worry around the globe that this pandemic has still a ways to go. I attended the Americas Lodging Investment Summit (ALIS), in Los Angeles, last week, and—though optimism and rosiness tend to permeate industry conferences—in private, attendees ex...
TravelClick Hosts Complimentary Webinar on Q4 Global Hotel Industry Performance
TravelClick, Inc. | February 5, 2015
2014 Recap and What Lies Ahead in 2015—Winning Inventory Strategies Throughout The New Year NEW YORK (February 5, 2015) - TravelClick, global provider of innovative cloud-based solutions that enable hotels to grow revenue, will present three free webinars on February 18 and 19 to review fourth quarter 2014 hotel performance results and trends. Findings will be presented by TravelClick experts John Hach, Senior Vice President, Global Product Management, and Alexis Welner, Senior Director of Global Enterprise Business Intelligence. Alexis and John will provide a comprehensive update on Q4 global and local hotel performance and future in...