STR: Profits in March half of 2019 levels
FOR MONTHS, HOTEL industry experts have tried to predict when profits would return to 2019 levels. In March, U.S. hotels reached the halfway point,...
STR: Occupancy flat during week of April 24
U.S. HOTEL PERFORMANCE remained flat during the second to last week of April, according to STR. That trend is expected to continue until summer...
LE: Construction pipeline dips some in first quarter
THE U.S. HOTEL construction pipeline took a slight dip in the first quarter, according to Lodging Econometrics. However, the slowdown was not unexpected considering...
HotStats: U.S. hotels steady on profit in March
PROFITS FOR U.S. hotels continued to see some small improvements in March, one year after the beginning of the pandemic, according to HotStats. Year-over-year...
STR: U.S. hotels’ performance in March highest since pandemic beginning
MARCH MARKED THE one-year anniversary of the COVID-19 pandemic and U.S. hotels saw their best performance for the month since the beginning of the...
Blog: Hotels should prepare for rush of vaccinated tourists
THE ONGOING ROLLOUT of COVID-19 vaccines is expected to lead to a surge in travel as the vaccinated release pent up desire for vacations....
STR: Demand peaked during week of April 10
DEMAND FOR HOTELS in the U.S. is rising and in the second week of April it reached its highest level since the pandemic began,...
Report shows group travel increased in March
ANYONE WORRIED ABOUT whether group travel will return soon should be less concerned, according to research firm Knowland. The firm’s report for March found...
Analysis: Leisure and hospitality segment lagging in jobs
LAST MONTH SAW some jobs added to the leisure and hospitality segment of the economy, but it still lags behind most other segments, according...
STR/Baird stock index dipped 0.2 percent in March
THE BAIRD/STR HOTEL Stock Index dropped 0.2 percent in March as investors sought a different, more long-term angle on the recovering travel market, according...