lodging industry

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lodging industry

HVS Market Pulse: Detroit, MI

Brandon Leversee | March 14, 2019

By Brandon Leversee Detroit's image of a proper rust-belt city in the depths of despair during the Great Recession and the subsequent filing of bankruptcy in 2013 has been reshaped into an inspiring story of resilience and resurgence. Detroit's economy is strong, with unemployment decreasing every year since 2014 and an employment base that continues to diversify. While the economic mainstays—General Motors, Ford, and Fiat Chrysler—still thrive in the city, other major employers belong to the financial and healthcare sectors; moreover, the technology sector continues to grow. The strengthening of the local economy has positi...

PwC’s Lodging Outlook for U.S.: Hospitality Directions for 2018

PwC | January 23, 2018

Compelling economic and industry fundamentals suggest continued momentum for 2018 Less than a month into 2018, the eight-year growth cycle in the lodging industry lumbers on. While RevPAR performance in the third quarter of 2017 appeared to take a breather, the combined impacts of improving economic fundamentals and the regional increase in performance associated with the aftermath of Hurricanes Harvey and Irma resulted in a stronger fourth quarter, driving home a solid finish for the year. Going forward, the Tax Cuts and Jobs Act is reportedly providing a boost in business and consumer sentiment, and is expected to contribute to GDP gr...

New York High Court Ruling on OTCs Good News for Lodging Industry; Step towards Equal Playing Field

American Hotel & Lodging Association (AH&LA) | November 25, 2013

Washington, D.C. - November 25, 2013 - The American Hotel & Lodging Association (AH&LA), the sole national association representing all segments of the 1.8 million-employee U.S. lodging industry, praises today's ruling issued by the New York State Court of Appeals in Expedia, Inc. v. City of New York Dept. of Fin. The ruling overturns an earlier decision by the state Appellate Division that New York City had exceeded its constitutional authority through a 2009 amendment to the city's hotel occupancy tax targeting online travel company (OTC) fees. Today's ruling confirms that all fees imposed by the OTCs during the 2009-2010 time...

Lodging Industry Renews Call for Congressional Action on Immigration Reform

American Hotel & Lodging Association | October 28, 2013

Washington, D.C. - October 28, 2013 - In the wake of the recent government shutdown, the American Hotel & Lodging Association (AH&LA) today sent a letter to House Judiciary Committee Chairman Bob Goodlatte (R-VA) and Ranking Member John Conyers (D-MI) to reiterate the importance of immigration reform to the lodging industry and the health of the national economy and to prompt legislative action in the House of Representatives. Recognizing that the current immigration system is broken, AH&LA encourages Congress to take steps to secure the nation's borders while at the same time allowing the United States to remain a hospitabl...

Lodging Industry Commends Passage of Bill Ending Government Shutdown

American Hotel & Lodging Association | October 17, 2013

Urges Congress to Seek Long-Term Solutions to Nation's Fiscal Problems Washington, D.C. - October 17, 2013 - The American Hotel & Lodging Association (AH&LA), the sole national association representing all segments of the U.S. lodging industry, and its members commend the U.S. Congress on passage of legislation that ends the government shutdown and avoids the imminent breach of the debt ceiling. "After 16 long days of uncertainty, the loss of $115.2 million in economic activity in the lodging industry, and billions of dollars more in lost collective income and visitor spending, hoteliers across America are grateful Congress and ...

Revised GSA Per Diem Rates Receive Support of Lodging Industry; CONUS Rates Increased by $6 to $83

American Hotel & Lodging Association (AH&LA) | August 30, 2013

Washington, D.C. - August 30, 2013 - The American Hotel & Lodging Association (AH&LA) applauds the General Services Administration's (GSA) federal per diem rates for FY2014, effective October 1, 2013: "The FY 2014 per diem rates released today by GSA are welcome news for government travelers who stay in hotels while traveling on government business," said Katherine Lugar, AH&LA president/CEO. "These rates, which are calculated to reflect actual market room rates, are a key component of an efficient federal travel policy. The methodology used to establish the rates released today ensure that federal travelers will be able to ...

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