Hotel industry executives and analysts are ready for whatever lies ahead.
During the 16th annual Hotel Data Conference, speakers highlighted the bifurcation between the high end and low end of the hotel industry and shared success stories of effective revenue strategy and management decisions.
STR, CoStar's hospitality analytics division, and Tourism Economics released an upgraded U.S. hotel forecast for 2024 and 2025.
Click through Hotel News Now's complete coverage of the conference and favorite this page as it will be updated with more content.
General sessions and panel coverage
article3 Min ReadAugust 12, 2024 10:05 AMA new nationwide law could be passed by the end of the year that mirrors California's new rules on how hotels must present their rates.
article5 Min ReadAugust 09, 2024 10:09 AMDuring the forecast panel at the 2024 Hotel Data Conference, industry experts spoke about how slight changes in rate and occupancy projections even out to maintain revenue per available room growth and how that may play out for U.S. hoteliers.
article5 Min ReadAugust 14, 2024 09:11 AMDuring a panel at the 2024 Hotel Data Conference, industry experts said the flexibility and core demand drivers made extended-stay hotels a darling of the industry through the pandemic and the following recovery.
article4 Min ReadAugust 13, 2024 09:12 AMU.S. hoteliers are optimistic that the recovery and continued growth of group demand segments will be sustainable going into 2025.
article4 Min ReadAugust 22, 2024 08:57 AMAs group travel continues its recovery to 2019 levels, a trend has emerged that shows a correlation between higher group occupancy and higher revenues and profits at hotels.
article5 Min ReadAugust 22, 2024 08:35 AMEmerging Gen Z travelers and retiring baby boomers are poised to evolve travel, and hoteliers need to know what they want and what they're willing to pay for.
article3 Min ReadAugust 21, 2024 08:39 AMHoteliers need to understand the usable spaces outside of ballrooms and meeting rooms to maximize group demand.
article5 Min ReadAugust 20, 2024 09:15 AMDuring his presentation at the 2024 Hotel Data Conference, Tourism Economics' Aran Ryan spoke about how the U.S. economy is slowing, but it's doing so in a way that will support more sustainable growth.
article6 Min ReadAugust 20, 2024 08:55 AMA panel of revenue management experts discussed how they can lead their teams to be more efficient and remove biases as the discipline integrates more advanced technology into pricing tools.
article5 Min ReadAugust 16, 2024 09:45 AMAuthentic experiences have boosted revenue at unbranded hospitality properties especially as business travel rebounds.
article2 Min ReadAugust 16, 2024 09:44 AMAs more international travelers return to U.S. shores, markets such as San Francisco, Miami and Honolulu stand to benefit the most.
article4 Min ReadAugust 15, 2024 08:28 AMHotel revenue-management experts say the current technology in the discipline allows them to test new methods out and drive better profits.
article2 Min ReadAugust 23, 2024 09:23 AMHotel performance forecasting may be both art and science, but best practices can make the process more comprehensive and useful.
article5 Min ReadAugust 23, 2024 09:58 AMArtificial intelligence can boost productivity and allow workers to upskill, but in order for it to be effective, the data that goes into those systems must be vetted and correct.
article6 Min ReadAugust 26, 2024 08:42 AMThe hotel industry is constantly chasing new technology, and a panel of hospitality experts weighed the pros and cons of being test subjects of new tech or late adopters.
article5 Min ReadAugust 26, 2024 09:42 AMIn a panel on hotel distribution strategies, hotel industry experts spoke about the evolving booking landscape, including how marketing can help build awareness of a hotel to attract guest attention earlier in their trip planning.
article5 Min ReadAugust 27, 2024 08:59 AMTravelers are looking for the ultimate experience on vacation, and hotels are looking to upgrade their experiential offerings to compete with alternative accommodations.
article4 Min ReadAugust 28, 2024 09:50 AMMore hotel supply and remote work are two major reasons why U.S. hotels haven't been able to fully recover midweek demand, but there are signs it's coming back.
article5 Min ReadAugust 29, 2024 09:14 AMThe importance of hotel revenue managers has only grown over the years, and thanks to advancements in technology, their jobs have shifted from pricing rooms to analyzing data.
article3 Min ReadAugust 30, 2024 08:52 AMGroup demand has helped counterbalance softer transient travel in U.S. hotels so far in 2024, but hoteliers are concerned that the better times might not last.
article5 Min ReadSeptember 04, 2024 08:41 AMHigher costs of living in the U.S. — and that is a phenomenon seen in Europe, too — have seen guests change travel and booking behaviors, with one noticeable shift being the increased demand for alternative accommodations at the expense of traditional hotels.
article4 Min ReadSeptember 04, 2024 02:54 PMMajor events in Europe such as A-list concerts and quadrennial sporting events boosted hotel performance this summer.
Podcast and video interviews
article1 Min ReadAugust 14, 2024 09:09 AMBashar Wali said hotels have an opportunity to fill a gap in travelers' lives by providing a sense of connection while on the road.
article1 Min ReadAugust 20, 2024 10:28 AMOn the latest episode of the Hotel News Now podcast, Ashford Inc.'s Jeff Borman shares how his grandfather inspired a career in travel and how he went from being a hotel revenue expert to a podcaster.
article2 Min ReadSeptember 04, 2024 09:08 AMIn a podcast interview, Kampgrounds of America President and CEO Toby O'Rourke talks about the growing popularity of camping due in large part to the growing number of options available to travelers.
article2 Min ReadSeptember 03, 2024 09:52 AMIn a video interview, Samantha Sugarman said the firm is looking to deploy capital across the globe.
article3 Min ReadAugust 30, 2024 09:23 AMIn a video interview, Curator Hotel & Resort Collection's Jennifer Barnwell talks about how her company helps independent hotel owners benefit from scale without being part of a brand.
article3 Min ReadAugust 29, 2024 08:49 AMJust a few months after Hilton announced a distribution and loyalty partnership with outdoor lodging brand AutoCamp, the outdoor hospitality company is eyeing expansion throughout the U.S. and possibly further.
article2 Min ReadAugust 21, 2024 08:34 AMIn the latest episode of "Tell Me More: A Hospitality Data Podcast," the show hits the road and has its first live audience.
Recaps
article4 Min ReadAugust 09, 2024 09:57 AMDuring the first day of the 2024 Hotel Data Conference, industry experts shared their optimism for the steadiness of long-term performance despite concerns over price sensitivity and other economic wobbles.
article5 Min ReadAugust 09, 2024 03:51 PMTroy Flanagan, of the American Hotel & Lodging Association, said a national fee transparency law targeting hotel rates is expected to pass through Congress near the end of 2024.