Articles tagged “economic census”

News Blog

Spending for U.S. Hotel Construction Continues to Strengthen

U.S. hotel construction spending rose 30 percent year-over-year in November, suggesting a sustained rebound is in place based on developers' confidence. In November, private U.S. non-residential lodging construction rose to $19.8 billion, adjusted for seasonality but not price changes, according to the U.S. Census bureau's release of overall monthly construction pending. The numbers could represent…

Sean O'Neill | 1 year ago

Hotels

Hotels and Short-Term Rentals Blur Lines in New U.S. Accommodation Market

Short-term rentals outshone hotels during the pandemic years in the U.S. accommodation sector. However, the boundaries between hotels and so-called STRs are blurring and it is still to be seen how the two segments will compete to define the market landscape.

Varsha Arora, Skift Research | 2 years ago

Hotels and Short-Term Rentals Blur Lines in New U.S. Accommodation Market

Hotels

U.S. Accommodation Sector Market Estimates 2022: New Skift Research

Except for the down year of 2020, the U.S. accommodation sector has been performing robustly, with the short-term rental segment gaining market share. We believe hotels will make a strong comeback in 2022 relative to the short-term rental sector.

Varsha Arora | 2 years ago

U.S. Accommodation Sector Market Estimates 2022: New Skift Research