Group and transient are diverging for the first time in two years
The two demand segments are now moving in opposite directions in most tracked markets.
Occupancy across the tracked set is flat year over year while rate carries the entire increase.
The two demand segments are now moving in opposite directions in most tracked markets.
Cloud migrations that were deferred for four years are now on the calendar, mostly for the same two reasons.
The first phase of a long-planned development has opened without a traditional front desk.
Two-thirds of new room supply announced this year sits in a handful of cities.
In a growing share of properties, one leader now owns pricing, distribution and demand generation.
Conversion deals are clustering in select-service assets with strong locations and weak brands.