STR: ADR for U.S. hotels highest in February since August 2021
ADR FOR U.S. hotels was the highest in February for any month since August 2021, according to STR. The U.S. hotel industry reported higher...
STR: U.S. hotel performance up in week ending March 12
U.S. HOTEL PERFORMANCE was up in the second week of March from the week before, according to STR. ADR was up during the week...
Consultant: Hotels prioritizing remote sales and training to address labor shortage
REMOTE SALES AND training appear to be surging in popularity among hotels, according to training consulting firm Gillis Sales. The firm reported $23 million...
STR: U.S. hotel performance down in the first week of March
U.S. HOTEL PERFORMANCE was down in the first week of March from the week before, according to STR. However, ADR was up during the...
Report: U.S. extended-stay hotels see high demand, RevPAR in January
U.S. EXTENDED-STAY hotels posted record high demand in January and monthly RevPAR was up by more than one third mainly due to record ADR...
Hotel stock index drops in January, recovers in February
THE FIRST TWO months of 2022 saw up and down performance by Baird/STR Hotel Stock Index, according to STR. In January, the index sank,...
STR: U.S. hotel performance up in week of Feb.26 from previous week
U.S. HOTEL PERFORMANCE increased in the fourth week of February from the week before, according to STR. Occupancy, ADR and RevPAR also showed significant...
STR: Presidents’ Day boosts U.S. hotel performance in week of Feb. 19
U.S. HOTEL PERFORMANCE increased in the third week of February mainly due to Presidents’ Day weekend, according to STR. The data research firm also...
STR: U.S. hotel performance rose in the second week of February
U.S. HOTEL PERFORMANCE advanced to its highest levels since December during the second week of February, according to STR. The top 25 markets stayed...
STR: U.S. weekly occupancy eclipsed 50 percent in the first week of February
IN THE FIRST week of February, U.S. weekly hotel occupancy eclipsed 50 percent for the first time in more than a month, according to...