Business Travel

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    US hotel RevPAR to grow 2% in 2025: CBRE

    Urban locations are projected to see the strongest growth this year, assuming no disruptive public policy changes.

    By • April 1, 2025
  • Bill Hornbuckle is the CEO of MGM Resorts International.
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    Gabe Ginsberg via Getty Images
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    US Travel Association names MGM Resorts CEO national chair

    Bill Hornbuckle succeeds Hilton CEO Chris Nassetta in the role, taking over amid promising U.S. travel fundamentals. 

    By • Feb. 27, 2025
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    Anchiy via Getty Images
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    RevPAR gains, pipeline growth and other trends from hotel Q4 earnings

    Hilton and Marriott posted global RevPAR increases in the last quarter of 2024 amid strong travel demand, while Choice saw extended stay and upscale rooms growth.

    By • Feb. 27, 2025
  • Choice Hotels International headquarters at the Pike & Rose development in North Bethesda, Maryland.
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    Courtesy of Choice Hotels International
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    Extended stay, upscale boost Choice Hotels portfolio growth

    Choice’s global system size grew 3.3% year over year in 2024, bolstered by brand relaunches and expanded partnerships, per CEO Patrick Pacious.

    By • Feb. 20, 2025
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    StockByM via Getty Images
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    New York City, Nashville to open most hotel rooms in 2025

    Higher-tier segments will account for the most open rooms, though challenges could impact the hotel construction environment nationwide, per CoStar.

    By • Feb. 12, 2025
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    Edwin Tan via Getty Images
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    Meeting planners look to secondary markets to manage costs: report

    Hotels in these regions have the opportunity to win business by “finding a balance between high costs and delivering an amazing customer experience,” per Cendyn and ConferenceDirect.

    By • Feb. 10, 2025
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    Drew Angerer via Getty Images
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    Urban markets lead as hotel investment ramps up in 2025

    Some 94% of investors surveyed in a new CBRE report expect to maintain or increase their hotel investments this year, targeting central business districts with strong RevPAR growth.

    By • Feb. 3, 2025
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    Courtesy of SH Hotels & Resorts
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    Hotel industry forecast 2025: development, labor, F&B and more

    Leaders in the hospitality industry shared with Hotel Dive what trends will impact hotels this year, discussing changes in everything from the regulatory environment to traveler preferences.

    By , • Jan. 31, 2025
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    RichLegg via Getty Images
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    Deep Dive

    6 hospitality industry trends to watch in 2025

    Hotels will cater to multigenerational families, large groups, tech-savvy wellness travelers and cultural explorers as hotel investment and renovations ramp up.

    By , • Jan. 6, 2025
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    MattGush via Getty Images
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    California region ranks first for November meetings growth

    Anaheim-Santa Ana led Cendyn’s top 25 markets for year-on-year meetings and events growth for the first time as strong group business demand continues to benefit hotels.

    By • Dec. 13, 2024
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    onurdongel via Getty Images
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    10 notable hospitality executive interviews from 2024

    Throughout the year, experts from IHG, Hyatt, Accor and more talked development, sustainability and travel trends, sharing what drove hotel industry growth throughout the year.

    By • Dec. 10, 2024
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    TomasSereda via Getty Images
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    Global hotel transaction volume reaches $42B in Q3: JLL

    Strong group travel demand, impending debt maturity and other factors will catalyze hotel investment for the remainder of the year and beyond.

    By • Nov. 26, 2024
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    Courtesy of Cris Molina for IHG Hotels & Resorts
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    STR, Tourism Economics downgrade 2024 RevPAR growth outlook

    Based on current economic conditions, upper-tier hotels will continue to drive industry performance, but the changing presidential administration could alter 2025 growth patterns.

    By • Nov. 21, 2024
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    skynesher via Getty Images
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    Q3 strongest quarter for group business this year

    A boost in room nights and ADRs lifted Cendyn and Amadeus’ Hospitality Group and Business Performance Index to its highest rating in four quarters.

    By • Nov. 14, 2024
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    stellalevi via Getty Images
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    US hotels saw ‘weaker than expected’ Q3 amid slow inbound travel recovery

    RevPAR was down in the third quarter, due in part to soft leisure travel and a slow return of international visitors, according to CBRE.

    By • Nov. 12, 2024
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    Courtesy of Baker Barrios Architects
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    Opinion

    How renovations can position hotels to capture more event revenue

    Demand for in-person events is on the rise. Hotel owners can seize upon the opportunity with thoughtful revamps that appeal to guests and event planners.

    By Michael Frohnappel • Nov. 11, 2024
  • The Phoenix metropolitan area has seen growing hotel occupancy, ADR and RevPAR in recent years driven by strong travel fundamentals.
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    dszc via Getty Images
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    Phoenix led US for meetings volume growth in October: Cendyn

    Coming in second was Las Vegas, where group business boosted hotel performance in the third quarter, according to local resort operators.

    By • Nov. 8, 2024
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    EXTREME-PHOTOGRAPHER via Getty Images
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    Top travel, development trends that drove hotel companies’ Q3 results

    In the third quarter of 2024, companies posted RevPAR increases driven by group business and pipeline growth bolstered by demand for conversions.

    By • Nov. 6, 2024
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    Scott Olson via Getty Images
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    Hotel CEOs predict impact of election cycle on Q4 financials

    During recent earnings calls, leaders from Marriott, Hilton, Hyatt, Choice Hotels and Wyndham shared how this year's “not typical” Harris vs. Trump election season could impact Q4 revenues.

    By • Nov. 6, 2024
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    JHVEPhoto via Getty Images
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    Business, group travel boost Marriott’s US RevPAR growth

    CEO Anthony Capuano said big corporate spenders are back and the appetite for group meetings is “really encouraging.”

    By • Nov. 4, 2024
  • Hospitality leaders shared the top trends driving growth across the industry at this year's Lodging Conference in Phoenix.
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    Jenna Walters/Hotel Dive
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    Top hospitality industry takeaways from 2024’s Lodging Conference

    At the annual event in Phoenix, hotel industry leaders shared the opportunities and challenges facing the sector and forecasted what will drive hospitality growth in 2025.

    By • Oct. 31, 2024
  • algorithmic pricing, Cendyn, Caesars, DOJ
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    travelview via Getty Images
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    Despite Q3 declines, Caesars optimistic about Las Vegas group business

    The operator also expects its recently opened $435 million New Orleans resort to drive results for its regional segment, according to CEO Tom Reeg.

    By • Oct. 30, 2024
  • The Diplomat Beach Resort in Hollywood, Florida, will be renovated and rebranded under Signia by Hilton.
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    Courtesy of Tara Ink PR
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    Diplomat Beach Resort renovated, rebranded under Signia by Hilton

    The Hollywood, Florida, hotel is undergoing extensive upgrades to its lobby, dining concepts and oceanfront conference space ahead of switching flags.

    By • Oct. 15, 2024
  • 90% of Business Travelers File Expense Reports Within 7 Days of Returning from Their Trip
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    Getty Images via Getty Images
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    Global business travel to recover sooner than expected: WTTC

    Corporate travel spending will surpass pre-pandemic levels by 6.2% this year, rising to a record $1.5 trillion, with the U.S. leading other countries.

    By • Oct. 11, 2024
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    Cendyn acquires Knowland in hospitality tech tie-up

    With Knowland’s meetings and events data, Cendyn aims to drive group bookings.

    By • Oct. 2, 2024