Hotel room rates in the US and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. US hotel room supply is barely growing as ...

Hentschel said rates continue to increase because the industry can't build hotels fast enough to keep up with demand.

Less than a month ago, the Strip’s two largest casino companies told investors and analysts that autumn hotel bookings would help Las Vegas bounce back from the summer slowdown. Based on recent data ...

Global hotel rates are expected to increase by 6.8 percent on average in 2024, according to the latest outlook published by BCD Travel. "Even as the pace of recovery shows signs of slowing, demand ...