Japan's hotel ADR has been a widely discussed topic in the global hotel space recently, with the depreciating yen drawing more international visitors to the country. Read our full deep-dive into the topic here: bit.ly/3QIUtOu

Hotel owners and operators make optimal decisions when they gain actionable insight into the competition. That’s why, since its introduction, the Comp Set remains one of the most crucial elements in hotel data benchmarking. Read more: bit.ly/42y3DST

Weekly Insights will look slightly different as we shift the focus toward the bifurcation of chain scale performance and the dynamics between the Top 25 and the markets that traditionally draw more middle-income, leisure travelers. Our latest update here: bit.ly/3UAek3I

Another week with a calendar shift impact, U.S. hotel performance was limited by Passover, especially the Top 25 Markets and group demand. Global occupancy continues to rise led by post-Ramadan gains in Indonesia. Read more: bit.ly/3WrJZXw

While more hotel markets around the world have entered a normalization period, Japan has been an exception due to the devaluation of the Yen. Read more: bit.ly/4aZWxtg

As Ramadan coincided with peak tourism season and Easter weekend, Dubai hotels saw elevated performance levels during the holiday period, with occupancy climbing as high as 92.9% during the week of Eid al-Fitr. More here: bit.ly/3QlCygu

After a few weeks of inconsistency, U.S. hotel performance stabilized returning to normal patterns including strong group demand and solid Top 25 Market performance. Outside of the U.S., global leisure travel shows signs of growth. More insights here: bit.ly/3y26act

After four months of YoY declines, Canada’s hotel industry reported a slight increase in transient occupancy, indicating that individuals were still choosing to travel during March break and holidays throughout the month. Read more: bit.ly/4deFaGU

A number of large-scale events have boosted hotel performance in Adelaide this year, and upcoming events, including LIV Golf this weekend, show a similar impact. Read more: bit.ly/44rxWM1

Global occupancy reached a high for this year at 68.4%. The U.K. led at 76.4%, while Spain, Italy, and China exceeded 72% occupancy. Like the U.S., Canada experienced a rise in RevPAR due to the solar eclipse crossing Montreal and Toronto. More here: bit.ly/3JLfX9P

Our hotel performance analysis for the 2024 solar eclipse just dropped: bit.ly/3JrCR5M

You may want to grab your eclipse glasses once again in preparation for how much the event brightened performance.

#TotalEclipse #SolarEclipse

In March, U.S. hotel rooms in construction grew to 156k – the highest level since November 2023, pointing to the rebalancing of the industry. Read more: bit.ly/3JnRgjw

With the torch lit and 100 days left until the #Olympics , Paris hotel bookings are pacing above 60% for the event period, with the highest level on the day of 14 gold medal events. More here: bit.ly/43YPxKX

#ParisOlympics #Paris2024 #olympicgames

At the end of Q1, the Americas was the only world region to see a YoY increase in hotel pipeline activity (+16.9%). More here: bit.ly/4cXLWka

U.S. hotel performance growth was strong due to an easy Easter comparable, but major events such as the #TotalEclipse , #WWE WrestleMania and the #NCAA Final Four games concluding #MarchMadness , helped drive market performance. More insights here: bit.ly/43Zgkqc

Jeddah's hotel industry report year-over-year performance gains in March, with room rates peaking during the Saudi Arabian Grand Prix. More here: bit.ly/3PUbEMw

Today is Global Meetings Industry Day, and we’re joining organizations around the globe to emphasize why #MeetingsMatter to communities, businesses and economies worldwide, particularly within the #HospitalityIndustry . Where will your #BusinessTravel take you this year? #GMID2024

Dublin hotel occupancy grew last month with help from the final round of the Six Nations championship and St. Patrick's Day. More here: bit.ly/3vOjAs8

Take the next step in building your industry expertise with a Certification in Advanced Hospitality and Tourism Analytics. If you have your CHIA, register for our next online CAHTA workshop beginning Thursday, 25 April: bit.ly/3IW77oz

A Total Solar Eclipse will cross over North America on Monday, 8 April, and the hotel performance impact is expected to be significant. This piece previewed the booking impact in key viewing cities and compared the event to the last major eclipse in 2017: bit.ly/42KdtRv