STR: Hotel profitability in April exceeds pre-pandemic levels for second month
THE PROFITABILITY OF U.S. hotel exceeded pre-pandemic comparable levels for a second consecutive month in April, according to STR. The GOPPAR, TrevPAR and EBITDA...
CBRE revises 2022 forecast again after strong first quarter
A STRONG PERFORMANCE by U.S. hotels during the first quarter of 2022, along with other factors, are leading CBRE Hotels Research to raise its...
STR: U.S. hotels see highest RevPAR since mid-July 2019 in May’s third week
THE RevPAR OF U.S. hotels in the third week of May was the highest it has been since mid-July 2019, according to STR. Also,...
STR: U.S. hotel performance improved in May’s second week
U.S. HOTEL PERFORMANCE improved in the second week of May compared to the week before, according to STR. Occupancy, ADR and RevPAR all rose...
Report: Record high demand for extended-stay hotels in the first quarter
U.S. EXTENDED-STAY hotels registered an increase in occupancy and ADR in the first quarter of this year, according to hotel investment advisors report The...
STR: U.S. hotel occupancy declines but ADR up in May’s first week
U.S. HOTEL OCCUPANCY decreased in the first week of May compared to the week before, according to STR. However, ADR increased slightly.
Occupancy was 63.9...
Baird/STR Stock Index rose 0.7 percent in April
THE BAIRD/STR HOTEL Stock Index rose again in April, continuing a trend the index has followed for the past four months. Investors’ optimism is...
STR: U.S. hotel occupancy improves in fifth week of April
Occupancy was 66.6 percent for the week ending April 30, up from 65.8 percent the week before and down 3.4 percent from 2019. ADR...
HotStats: Hotels register strong performance in the first quarter
THE PERFORMANCE OF U.S. hotels ended strong in the first quarter with March profit surging across most global regions, according to HotStats. The research...
STR: GOPPAR reached 28-month high in March
PROFITS FOR U.S. hotels reached a 28-month high in March, according to STR. Spring break travel and higher rates are pushing performance up on...