Hospitality Trends
A snapshot of the Venice hotel market performance in 2023, exploring airport arrivals, tourism demand, hotel KPIs, future supply, recent transactions and future outlook.
The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar's latest data through 18 May.
Among the provinces and territories, Ontario recorded the highest April 2024 occupancy level (68.1%), which was 4.2% above 2023.
Americans feel pricing pressure, but hold onto their treasured summer trips
International visitors spent nearly $20.1 billion on travel to, and tourism&related activities within, the United States, an increase of more than 22 percent compared to March 2023 and very close to surpassing pre&COVID levels of monthly spending realized in 2019.
USALI 12th Edition: Significant Revisions Overview by HotStats
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