STR: Occupancy flat in first week of April
OCCUPANCY REMAINED FLAT for U.S. hotels during the first week of April while ADR and RevPAR reached their highest point since last March, according...
STR: Short-term rentals remain strong in February
FEBRUARY WAS ANOTHER strong month for short-term rentals in Miami, Nashville and Philadelphia, according to STR. Short-term rentals continued to outperform hotels in all...
STR: GOPPAR reached pandemic highpoint in February
PROFITS FOR U.S. hotels saw their highpoint of the pandemic in February, according to STR. However, occupancy fell by one percent in the last...
CBRE: Occupancy to exceed 55 percent in latter half of 2021
THINGS ARE IMPROVING for the U.S. hotel industry so far in 2021, and they’ll get even better by the second half of the year,...
STR: U.S. hotels see jump in occupancy in week of March 20
U.S. HOTELS CONTINUED to see improved performance in the second to last week of March, according to STR. The improvement came across the board,...
Baer is Stonehill’s new vice president of business development
Nick Baer is vice president of business development for financial company Stonehill, an affiliate of Peachtree Hotel Group. In the newly created position, he...
STR: Occupancy for U.S. hotels reaches highest level in a year
AS THE U.S. hotel industry begins to crawl out of the COVID-19 pandemic valley, the view over hotel owners’ shoulders is beginning to highlight...
STR: U.S. hotel performance up in first week of March
AS THE U.S. passed the one-year mark for the COVID-19 pandemic, hotel year-over-year performance started to improve, according to STR. The first week of...
STR: Performance down in last week of February
IN THE LAST week of February, U.S. hotels lost the boosts they had seen from a holiday weekend, dampening performance, according to STR. The...
STR: First two months of 2021 bring some improvements for U.S. hotels
THERE WERE SOME improvements for U.S. hotels during the first two months of the year, according to STR. In January, profitability rose, albeit slightly,...