Articles tagged “rates”

How are hotels doing post-pandemic? It all depends on the market and the type of hotel. In the U.S., average hotel rates nationwide have barely recovered to 2019 levels after…

Rising hotel room rates in the U.S. are still contributing to an overall rise in the national cost of living, but the pace of hotel rate hikes is slowing, according…

Middle-income U.S. consumers have yet to let price hikes or declining savings get in the way of booking travel. Wyndham benefited in the fourth quarter. Yet the world's largest hotel franchisor expects rate gains to plateau in 2023.

Despite the fears of recession and soaring fuel prices that have retreated somewhat in recent weeks, average daily rates for short-term rentals in the U.S. this summer jumped 7 percent…

Amadeus said on Wednesday that it had launched a market forecast capability "to help hoteliers accurately track revenue and manage costs." The tool is part of its business intelligence software…

Companies are holding their nerve, because hotels have the upper hand right now when it comes to dictating rates. It’s a gamble leaving negotiations until so late, but you have to question how long prices can keep climbing.

Short-term rental owners in locked-down countries undoubtably suffered or went out of business in 2021. But for many owners in the U.S., it was the best of times, and their revenue soared. One wakeup call — there may not be an adequate number of listings to meet demand.

Companies shouldn't underestimate the knock-on effect of this year's labor crisis, and this new report is a timely heads-up to help them better manage their costs next year.

More companies are opting for dynamic and not static pricing because there's little risk of rates getting back to 2019's highs this year. Are airfares next?

There's a danger in the surging average daily rates as travel takes off: Luxury hotels don't have the staff or the ability to live up to inflated rates. This presents a long-term danger to carefully cultivated brands.