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US hotel industry recovery will be driven by luxury hotels

The economic recovery has started in the U.S. hotel industry, driven mostly by demand for luxury hotels, suggests Smith Travel Research, which released its monthly forecast update last week.

Attendees of STR’s inaugural Hotel Data Conference predict RevPAR recovery in...

More than 50 percent of attendees who participated in a survey at STR's inaugural Hotel Data Conference presented by Magnuson Hotels on August 4-5 believe the industry's revenue per available room wil

Oil-rich kingdom trying to get tourist-rich

Of all nations in the world, Saudi Arabia has so far suffered the least from the global crisis.

Mardi Gras celebrations helped but US hotel occupancy continues decline, report...

The US hotel industry posted declines in all three key performance metrics during the week of 15-21 February 2009, according to data from Smith Travel Research (STR).

Poor hotel guest turnout in Orlando

Orlando, Florida (eTN) - Strange as it seems, despite last weekend being sandwiched by Valentine’s Day and Presidents Day, poor visitor turnout was reportedly recorded in the magical city of Orlando

Outlook for 2009 is bleak for US hotel industry

Though the novelty of this dreadful thought may have worn out in the last months and trade people don’t want to hear it any longer, experts paint a gloomy picture of the industry over the coming mon

US hotel industry begins 2009 in the red

The hotel industry in the United States experienced declines in three key performance measurements during the week of 28 December 2008-03 January 2009, according to data from the Smith Travel Research

2008 is bumpy for US hotel business

Los Angeles, California (eTN) - At the Americas Lodging Investment Summit (ALIS) held last week in L.A., top hotel experts forecast industry meltdown in the days of the current, or impending recession. Main implications for 2008 show occupancy rates; average rates and revenues softening moderately in the US, according to the Oxford Economics.