Strong Hotel Performance Enables Hoteliers to Reduce Discounting
TravelClick Data Shows, as Group Bookings Rise, Savvy Hoteliers Reduce Transient Discounting to Drive RevPAR
Over two centuries of transformation have made the region a major center in fields as diverse as aquaculture, education, finance, health care, insurance, high technology, and defense. This article looks at recent trends and prospects for New England.
Marcus & Millichap (NYSE: MMI) reports growing hotel room demand exceeds rise in supply. The U.S. hotel sector is poised to reach new highs in occupied rooms and room revenue in 2014, according to Marcus & Millichap Research Services.