Hotel stock index dropped 3.4 percent in August
INVESTORS REMAINED CONSERVATIVE in August, leading to a decline in the Baird/STR Hotel Stock Index from the month before. The downward pattern may continue...
STR: Labor Day, Hurricane Ida boost hotel performance as September begins
LABOR DAY WEEKEND, as well as other factors including evacuations from Hurricane Ida, provided a boost to U.S. hotels’ performance in the opening week...
STR: U.S. hotels’ performance drops again in last week of August
U.S. HOTELS CONTINUED to see their performance slide in the final week of August, according to STR. Leisure travel continues to ebb as the...
HotStats: Hotel industry presses forward despite Delta variant concerns
THE PERFORMANCE OF U.S. hotels is improving month by month despite the disruption created by the Delta variant of COVID-19, according to HotStats.
RevPAR in...
STR: U.S. hotels’ profit for July exceeds 2019 levels
PROFIT FOR U.S. hotels exceeded 2019 levels in July, according to STR. However, experts with the research firm say the recovery is not yet...
STR: U.S. hotels’ performance dropped in week of Aug. 21
U.S. HOTELS SAW an expected dip in performance in the third week of August, according to STR. The winding down of the summer tourist...
STR: U.S. hotels set records in July for ADR and RevPAR
U.S. HOTELS SET new monthly highs in ADR and RevPAR during July, according to STR. That performance was dipping a little by the second...
White paper: The right accounting package maximizes savings
HOTELIERS SHOULD INVEST in accounting packages that drive financial performances across portfolios and maximize cost savings, according to a new white paper from accounting,...
Baird/STR Hotel Stock Index rose nearly 2 percent in July
INVESTORS RETURNED TO the Baird/STR Hotel Stock Index in July, leading to a 1.9 percent rise to a level of 5,086 points. The summer leisure...
STR, TE revise forecast with lower 2022 growth projected
PROJECTIONS FOR THE recovery of U.S. hotels from the COVID-19 pandemic remain basically the same in the latest forecast from STR and Tourism Economics....