Now showing items 1-12 of 12

    • First Quarter 2018: Introducing Our Gateway Cities Index 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2018-04-19)
      Hotels in gateway cities have outperformed hotels in non-gateway cities, with hotels in gateway locations rising 10 percent in the past year, compared to 6 percent for those in non-gateway cities. Hotel operating performance ...
    • First Quarter 2019: Déjà Vu All Over Again: Reliving Groundhog Day 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr. (2019-04-01)
      Hotels in non-gateway cities outperformed those in gateway cities for the first time since the first quarter of 2006. That said, overall hotel financial performance still stands at breakeven, with operating profit similar ...
    • First Quarter 2020: Gird Your Loins 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2020-04-01)
      Hotels in all regions experienced negative price momentum this quarter with hotels in the New England area having the worst price performance. Hotels located in gateway cities were especially hard hit. Hotel financial ...
    • Fourth Quarter 2018: “David” Hotels Continue to Dominate the “Goliaths” 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2019-01-01)
      Hotels in gateway cities continue to shine, with prices rising 25 percent year over year, compared to an 8-percent rise for hotels in non-gateway cities. Hotel financial performance is still breakeven, with operating profit ...
    • Fourth Quarter 2019: 2019 Ends on a Whimper 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2020-01-01)
      Onlyhotels in the New England region, and to a lesser extent the Midwest region, experienced a positive price momentum this quarter, although both regions suffered poor performance from a year-over-year perspective. Hotels ...
    • A Glimmer of Hope Amidst a Hemorrhage 

      Liu, Crocker; Nowak, Adam; White, Robert Jr (2021-01-20)
      Prices of hotels along the east coast continue to drop, although the rate of decline has moderated. Hotels on the west coast enjoyed positive price momentum, both on a quarter-over-quarter or year-over-year basis. Hotels ...
    • How Currency Exchange Rates Affect the Demand for U. S. Hotel Rooms 

      Corgel, John B.; Lane, Jamie; Walls, Aaron (2013-04-01)
      This study addresses the question of how currency exchange rates affect aggregate hotel demand in the U.S. over time, among chain scales, and gateway cities. The effect is isolated after controlling for hotel room rates, ...
    • Is It Time for Bottom Fishing? 

      Liu, Crocker; Nowak, Adam; White, Robert Jr (2020-10-12)
      The prices of hotels in all regions continue to hemorrhage, with hotels in the Middle Atlantic and South Atlantic regions particularly hard hit. In contrast, hotels in the Mountain states suffered the fewest losses. Hotels ...
    • The Phoenix Is Rising 

      Liu, Crocker; Nowak, Adam; White, Robert Jr (2021-04-19)
      Although the price of hotels along the east coast declined again this quarter the rate of decline has continued to lessen. Hotels in gateway cities reversed course, outperforming hotels in non-gateway cities. Our moving ...
    • Second Quarter 2021: Are We There Yet? 

      Liu, Crocker; Nowak, Adam; White, Robert Jr (2021-07-15)
      United States hotel prices have rebounded above their statistical lower bound in all regions except the Mountain states, signaling a return toward their pre-pandemic level—although we are not quite there yet. Prices of ...
    • Third Quarter 2019: Is Bad News Fake News? 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2019-10-01)
      Only hotels in the South Atlantic region experienced a positive price momentum during this period.* The performance of hotels in non-gateway cities declined at a faster rate relative to those in gateway cities. Hotel ...
    • Third Quarter: David vs. Goliath Hotels: Which Performed Better this Quarter? 

      Liu, Crocker H.; Nowak, Adam D.; White, Robert M. Jr (2018-10-01)
      Hotels in gateway cities continue to shine, rising 15.3 percent year over year compared to 2.2 percent for hotels in non-gateway cities. Hotel operating performance scaled by price is still in the black based on economic ...