Digital technology and artificial intelligence empower the industry to reimagine the travel experience and unlock long-term growth.

The major labor market indicators from the survey of households showed little or no change

over the month. The unemployment rate held at 3.8 percent in September, and the number of

unemployed persons was essentially unchanged at 6.4 million.

As the U.S. moves into the fourth and final quarter of 2023, the long-promised economic recession has still not arrived for the U.S. economy. According to STR's Vice President of Analytics Isaac Collazo, there are still optimistic signs for hoteliers.

Every passing month seems to bring with it a new set of “market-making” events that consistently catapult the deal and debt-financing economy in a new direction.