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© 2019 by Lodging Brokers Network

Lodging Brokers Network

One of California's most successful and respected brokerages for hotels, motels, resorts, lodges, boutique, and bed and breakfast inns

NEWS & UPDATES

Occupancy & Rates 2018

According to STR, 2018 U.S. Lodging Occupancy increased by 0.5%, and ADR increased by 2.4%, resulting in a 2.9% increase in Revenue per Available Room (RevPAR). Within California, 2018 Occupancy increased by 0.3%, and ADR increased by 3.6%, resulting in a 4.0% increase in Revenue per Available Room (RevPAR).

2019 Forecast

Source: STR/T...

The Lodging Brokers Network team attended Hotel Brokers International's annual Conference on February 27th & 28th, 2019, in Las Vegas, NV. While there, they were able to meet and to learn from influential professionals in the industry. We are excited to announce that one of our team members received a top salesperson award at this conference for the...

On December 13th, STR and Hotel Brokers International presented hotel performance data trends as tracked by STR. Lodging Brokers Network attended the presentation and is a long term member of Hotel Brokers International. STR's 2017 forecast includes year to date data through October of 2017.

To have a confidential conversation about your property, or if yo...

According to data provided by STR, year-to-date RevPAR for California is up 7.3% through August 2016. Ten of the 29 metropolitan statistical areas (MSA's) reported double-digit RevPAR growth over the same period last year, driven largely by increased ADR. Only one market reported double-digit occupancy growth (South Lake Tahoe) with modest ADR growth. Cli...

The Napa Valley Register recently covered Lodging Brokers Network, Inc.'s recent recognition at the Hotel Brokers International Annual Conference. Click here to read the article.

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