Page 4 - Hotel Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hotel room rates have fallen by 1 per cent throughout the country, with two big markets reporting an even sharper drop. Total hotel occupancy reached 71 per...

Santa Barbara's sales and tax revenues come in under budget, South Coast hotel occupancy falls, and attorney Aaron Arndt is recognized

Article - HVS Market Report - Connecticut's Post-COVID Tourism Climb - By Kilian O'Brien - While the onset of COVID-19 had devastating effects for the Connecticut tourism industry, a recovery quickly began. By 2022, occupancy levels were only slightly below those of 2019, and ADR levels far surpassed those of 2019. The upcoming renovation of the XL Center in Hartford and the state’s 'Find Your Vibe' campaign are key indicators of Connecticut’s recovery and success.

Article - Price-Sensitive Consumers 'Trade Down' on Trips, Hotels - CoStar - Price sensitivity is top of mind for consumers booking hotel stays, and demand patterns show that some travelers are booking cheaper hotels or staying farther outside of a market's downtown area.

Article - Hoteliers Test 'Elasticity' of Fees on Amenities - CoStar - Hoteliers said resort or amenity fees likely aren't going away, as they are a profitable revenue stream. However, they agree the industry as a whole could do better with fee transparency throughout a guest's booking journey.