Christian Buer

Aug 21, 2024 | hotelnewsresource.com | Christian Buer

Summer Olympics Drove Paris Room Rates to All-time Highs    The Summer Olympic Games drove Paris hotel average daily rate (ADR) to an all-time high, according to data from CoStar. The highest ADR was seen on opening night (Friday, 26 July) at EUR876.26, with the following four nights also registering room rates above EUR800. Room rates stayed above EUR700 for the remainder of the event period. Paris’ previous nightly ADR high (EUR622) was seen in June 2023.

Aug 20, 2024 | hotelnewsresource.com | Christian Buer

Travel Isn’t Dead. It’s Just Taking A Vacation - Image Credit Unsplash+    Excerpt from CNNCEOs of many of the biggest US hotel and travel companies are coming off a bit like doomsayers these days with their warnings about the declining health of consumers and their waning appetite for travel. That’s getting a lot of attention after last month’s , which brought the US unemployment rate to the highest level since fall 2021. And it has put more people on high alert for signs of a recession.

Aug 20, 2024 | hotel.report | Christian Buer |Horwath HTL

In recent years, the hospitality industry has adapted to various influences arising from digitalization and technological advancements. This adaption is driven primarily by Generation Z. As the first generation that grew up in a completely digital world, Generation Z travelers value digital experiences, individualization, and sustainability.

Aug 19, 2024 | hotelnewsresource.com | Christian Buer

SpringHill Suites by Marriott Phoenix West/Avondale - Image Credit Hotel Equities    Hotel Equities (HE) announced the grand opening of the SpringHill Suites by Marriott Phoenix West/Avondale. The newly constructed hotel is owned by Virtua Avondale Hospitality, LLC. “We are thrilled to open the doors of SpringHill Suites Phoenix West/Avondale and bring a top-tier lodging experience to this dynamic region,” said Karen Mendez, Senior Regional Director of Operations for HE.

Oct 18, 2023 | hotelnewsresource.com | Eve Marie Morgo |Christian Buer |Mirja Sickel

Nearly two-thirds of this cohort are planning to take more international trips than in 2019. The second edition of the ‘Consumer travel spend priorities’ research conducted by Outpayce from Amadeus, reveals that high-earning households are expected to drive continued strong demand for international travel over the coming twelve months.