STR: ADR up in second week of December
U.S. HOTEL PERFORMANCE increased in the second week of December, according to STR. ADR was up during the week when compared to same period...
STR: U.S. occupancy up in first week of December
U.S. HOTEL OCCUPANCY increased in the first week of December, according to STR. But, all performance metrics were lower during the week when compared...
Baird/STR Index fell 7.6 percent in November
HOTEL STOCK PRICE volatility dragged the Baird/STR Hotel Stock Index in November. Both the hotel brands and hotel REITs significantly underperformed their respective benchmarks...
Highland Group: Slight decline in U.S. extended-stay hotels’ performance in October
MOST RECOVERY INDICES of U.S. extended-stay hotels declined slightly in October compared to the month before, according to hotel investment advisors Highland Group. Economy...
STR: U.S. hotel profits up in October from previous month
PROFITS ROSE IN October for U.S. hotels on a month-to-month basis, according to STR. However, the numbers are still down versus 2019, indicating a...
STR: U.S. hotel performance breaks Thanksgiving week record
U.S. HOTELS HIT a new Thanksgiving holiday performance record in the fourth week of November, according to STR. All performance metrics were up during...
HotStats: Omicron variant could derail hotel industry’s recovery
THE OMICRON COVID-19 variant could derail the hotel industry’s fledgling recovery if countries like the U.S. move forward to tighten testing policies, according to...
PwC: ADR likely to drive RevPAR in 2022 close to 2019 levels
OCCUPANCY AND ADR in U.S. hotels will continue to grow in 2022, with a year-over-year rebound in RevPAR of 14.4 percent, around 93 percent...
STR: U.S. hotels closer to pre-COVID levels in third week of November
U.S. HOTEL PERFORMANCE moved closer to pre-pandemic levels during the third week of November according to STR. It dipped, however, from the week before.
Occupancy...
Reports: Thanksgiving travel in U.S. to rebound this year
A HUGE SURGE is expected in Thanksgiving travel this year compared to last year when the COVID-19 pandemic was still active, according to two...