Latest NewsMarch 2019 3:00 PM

D.C. Hotel Industry a Casualty of Federal Government Shutdown

Latest NewsMarch 2019 11:19 AM

Middle East & North Africa Hotels Challenged by Supply, Economic Concerns

Latest NewsMarch 2019 10:44 AM

Challenging Start to 2019 for Hotels in Mainland Europe

Latest NewsMarch 2019 10:56 AM

New Year, Similar Profit Story for U.S. Hotels

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U.S.

D.C. Hotel Industry a Casualty of Federal Government Shutdown

Like death and taxes, one thing is certain: a federal government shutdown is no good for hotels in the nation’s capital, Washington, D.C. This was borne out over the course of the 35-day shutdown, from December 22nd, 2018, to January 25th, 2019, which dealt a crushing blow to profitability for D.C. hotels, resulting in an 88.8-percent year-on-year drop in GOPPAR for the market during the month of January as a whole. Many factors prompted the precipitous drop, including the closure of the iconic Smithsonian museums, the National Zoo, and the National Gallery of Art. These, combined with delays at Reagan National Airport and Dulles International Airport, culminated in…

Recent Articles

MENA
Middle East & North Africa Hotels Challenged by Supply, Economic Concerns Post Item

Middle East & North Africa Hotels Challenged by Supply, Economic Concerns

Hotel profit plummeted in the Middle East & North Africa in January, as oversupply and…

298
2 weeks ago
European
Challenging Start to 2019 for Hotels in Mainland Europe Post Item

Challenging Start to 2019 for Hotels in Mainland Europe

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the…

351
2 weeks ago
U.S.
New Year, Similar Profit Story for U.S. Hotels Post Item

New Year, Similar Profit Story for U.S. Hotels

Not even a government shutdown could throw the U.S. hotel industry off-kilter. Hotels picked up…

126
2 weeks ago
UK Chain Hotels
UK Profit Disappoints Even As RevPAR Levels Stay Strong Post Item

UK Profit Disappoints Even As RevPAR Levels Stay Strong

Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels…

383
3 weeks ago