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HVS Market Report - New Memphis Hotels Raise the Bar for Rate While Extending Occupancy Recovery

Article - HVS Market Report - New Memphis Hotels Raise the Bar for Rate While Extending Occupancy Recovery - By Marc Greeley - With the pandemic generally in the rearview for the market, Downtown Memphis hotels have yet to recover to occupancy levels realized in 2019. This is attributed to a slow recovery in both corporate and group demand, coupled with significant growth in new supply. However, rising average rates at new hotels have become the saving grace for market RevPAR levels.
Marc Greeley Moxy Hotel Hotel Indigo Convention Center Hotel Napoleon Hilton Memphis

Owners, Operators and Developers Celebrated for Design, Development and Operational Excellence at Hyatt's 2023 Americas Owners Conference

Hyatt Hotels Corporation recognized outstanding owners, operators and developers at its 2023 Americas Owners Conference, held at Secrets Moxché Playa del Carmen. During the event, Hyatt... | June 18, 2023
Panama City Salt Lake City United States Salt Palace Convention Center Gulf Of Mexico Mexico General

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