Horwath HTL’s annual European Chains & Hotels Report 2019 brand penetration analysis reveals that not only the international brand presence is lower in the CEE region, the number of hotel rooms per capita is way below that of Western Europe. Global tourism is expected to be on continuous expansion path for the coming decade. MORE
Spin back a few decades and the hotel world was a more readily described space. The major players, particularly for full service properties, were the developer/owners (typically private), the branded operators, and commercial lenders. MORE
The US Hotel industry had its ninth consecutive year of growth in 2018, hitting record high levels for occupancy, ADR, and RevPAR. National RevPAR growth is expected to continue through 2019, though at a much-subdued rate as the pace of new lodging supply will begin to exceed demand growth. MORE
With over seventy-five million visitors in 2018 (9 million more than the population of Great Britain), Orlando’s hotel occupancy was one of the highest in the nation at 79.2%. The market’s average daily rate climbed slightly again in the period. While forty-one hotels changed hands in the metro market, supply grew by 2,700 room or about two percent (2%) demand growth, however, continues to exceed three percent (3%) year over year. It is anticipated that supply will, again, grow at a rate of two percent (2%) in 2019, suggesting an even higher market-wide occupancy in 2019.