Articles tagged “Bernstein”

News Blog

Hotel Chart of the Week: Extended Stay Boom in U.S. Ramps Up

Enthusiasm for extended-stay hotels seems boundless among U.S. hotel developers. The national extended stay pipeline is now 44% of supply, up by almost 10% in the last 18 months. Analysts at Bernstein, led by Richard Clarke, produced a chart in a research note on Thursday that captures the trend — using data from STR, the…

Hotels

Luxury Hotels May Be Underpriced Relative to Other Luxuries

Luxury hotels should be able to drive higher rates if luxury becomes more about what you do than what you own.

Luxury Hotels May Be Underpriced Relative to Other Luxuries

Online Travel

Airbnb and Expedia Momentum Slowed in June While Booking.com Showed Strength

Booking.com, with its hotels, vacation rentals, flights and wider array of brands, is a larger and more well-rounded company than Airbnb. Booking seems to be making gains at the expense of both Airbnb and Expedia.

Airbnb and Expedia Momentum Slowed in June While Booking.com Showed Strength

Business Travel

Business and Group Travel Make a Stellar First Quarter Comeback

Encouraging signs from a host of companies releasing first quarter statistics, but a recurring theme is: Can it last?

Business and Group Travel Make a Stellar First Quarter Comeback

Online Travel

Don’t Expect a Huge Crisis Bounceback for Online Travel Agencies This Time

The online travel space has always been super-competitive, but established players like Expedia Group and Booking Holdings face a growing roster of formidable competitors, including hotels, Google and Airbnb.

Don’t Expect a Huge Crisis Bounceback for Online Travel Agencies This Time

Coronavirus

Hotel Industry Faces Omicron Variant With Concerns About Travel Bans

We’re still weeks away from knowing just how much of an impact the Omicron variant will have on the travel industry. But companies can already discern just how much of a role government can have in altering the course of recovery.

Hotel Industry Faces Omicron Variant With Concerns About Travel Bans

Online Travel

Remember When Expedia Wanted to Reduce Its Reliance on Google? Big 180-Degree Shift Now

Critics blasted Airbnb for relying too heavily on Google advertising to obtain customers in 2019. But in the beginning of 2021, Expedia outspent all of its rivals on paid marketing and made some gains. Expedia and its Vrbo brand are making no apologies for it.

Remember When Expedia Wanted to Reduce Its Reliance on Google? Big 180-Degree Shift Now

Coronavirus

A-Rod Among New Breed of Lenders Selectively Looking to Finance Hotel Projects

Want to build a new resort by the beach or acquire a five-star hotel downtown in a major U.S. city? Lenders are listening. But if you want to break ground on a roadside motel in a secondary market, you may be waiting for the bank to return your calls for several years.

A-Rod Among New Breed of Lenders Selectively Looking to Finance Hotel Projects

Coronavirus

China Is First Country in the World to See Year-Over-Year Hotel Revenue Growth During Pandemic

A holiday with plenty of reasons to celebrate: Golden Week reaffirmed projections that hotels in China are on track to recover to pre-pandemic revenue levels by next year.

China Is First Country in the World to See Year-Over-Year Hotel Revenue Growth During Pandemic

Coronavirus

Global Hotels Will Lose Just 2 Percent of Supply Permanently Because of Coronavirus: Report

Ongoing government coronavirus relief efforts like the $2 trillion CARES Act and banks unwilling to take over hotels should keep most of the world's hotel supply intact through a very turbulent 2020.

Global Hotels Will Lose Just 2 Percent of Supply Permanently Because of Coronavirus: Report