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September 25, 2017

3 Ways to Rethink Your Comp Set to Discover New Group Business

Who do you consider your “comp set?” STR defines competitive set (comp set) as “a peer group of hotels that competes for business and is selected to

Category iconADR,  comp sets,  Destinations,  Groups,  Meetings and Events,  technology,  Third Party Planners

July 21, 2017

Group ADRs: Do room rates reflect group performance in a market?

Last week, STR reported on ADR for group room rates in high-end hotels in the US, which increased 4.4% in 12 months. STR clarifies that the group room

Category icon2017,  ADR,  Current Events,  Destinations,  Groups,  Hotel Trends,  Meetings and Events,  Rate Relief,  Third Party Planners

May 22, 2017

Growing Pains: Handling the pitfalls of record occupancy

After a dynamic year for hotel occupancy in 2015, demand spurred a rise in planned hotel construction in most major markets. 4,721 hotel projects were

Category icon2017,  ADR,  Construction pipeline,  Current Events,  Destinations,  Groups,  Hotel Trends,  Meetings and Events,  Occupancy,  Third Party Planners

December 29, 2016

The hospitality outlook for 2017 and what to do about it

2017 has you biting your nails? You’re not alone. Most US hotels fear the forecasted occupancy and ADR for the coming year. Though occupancy looks

Category icon2017,  ADR,  Current Events,  Groups,  Hotel Trends,  Meetings and Events,  Occupancy,  revenue

September 9, 2015

Catch NewGroup Opportunities as Meeting Planners Shift Destination Preferences

A recent article in MeetingMentor Online highlighted predictions and views on the current market conditions that are now influencing planner behavior.

Category iconADR,  Current Events,  Destinations,  Hotel Trends,  Platform,  Third Party Planners

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