The pandemic influenced shifts in where and how Americans live and work and initiated a greater focus on health/wellness and social experiences. These values are now at the heart of trends in the hospitality industry and are driving capital investment in hotels,...
Timm Hotel | Sep 16, 2025 | 10 min read
Activity up but still below long-term average NASHVILLE, Tennessee — With economic and financial market conditions stymying both new hotel development and transactions, many hotel owners have focused on conversions to revamp their portfolios. While certainly not a...
Timm Hotel | Sep 16, 2025 | 4 min read
Since 2020, the U.S. select-service and extended-stay hotel sector has undergone a remarkable evolution. These once-distinct categories have coalesced into a dynamic, unified market that deftly caters to the sophisticated needs of today’s travelers. By offering a...
Timm Hotel | Apr 11, 2025 | 7 min read
Inbound international travel to the United States has been steadily rising year over year since the COVID-19 pandemic, and 2025 figures to be more of the same. Success with driving this travel has been market dependent. In Southeast markets such as Miami and...
Timm Hotel | Feb 27, 2025 | 3 min read
Inbound international travel to the United States has been steadily rising year over year since the COVID-19 pandemic, and 2025 figures to be more of the same. Success with driving this travel has been market dependent. In Southeast markets such as Miami and...
Timm Hotel | Jan 9, 2025 | 5 min read
The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s latest September data. U.S. Hotel Pipeline, September 2024 (percentage change from September 2023) In construction: 157,253 rooms (+7.0...
Timm Hotel | Oct 24, 2024 | 1 min read
The volume of hotel rooms currently being built in the United States hit its highest level in 16 months, according to CoStar’s latest June 2024 data. While globally, the real estate information and analytics company finds hotel construction has dropped or leveled...
Timm Hotel | Sep 20, 2024 | 5 min read
Household Spending Trends, Strength of the Economy Boosts Leisure Dema Runway for More Leisure Travel According to consumer surveys, projected leisure traveler spend in the next 12 months is "off the charts," Ryan said. "People want to be out there...
Timm Hotel | Jul 18, 2024 | 5 min read
The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar. May 2024 (percentage change from May 2023): Occupancy: 65.7 percent (+1.5 percent) Average daily rate: $160.40 (+2.4 percent) Revenue per...
Timm Hotel | Jun 24, 2024 | 1 min read
Project Mid-T by Marriott conversions will cost between $15-30K per room with a “low bundled fee” of 10.5%. Note: This story first appeared in Travel Weekly NEW YORK CITY – Marriott International has released details about its new midscale brand, which is under...
Timm Hotel | Jun 6, 2024 | 2 min read
Whether you are looking to buy a hotel or sell a hotel, Timm & Associates looks forward to the opportunity to work with you. We are dedicated to helping your company reach its goals and objectives. At Timm & Associates, we approach each hotel transaction with the highest level of integrity and with the highest regard for the parties involved.
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