HotStats: U.S. GOPPAR remains negative in July
GOPPAR REMAINED BELOW zero for U.S. hotels in July, according to HotStats global P&L data for the month. There was some good news in...
STR: GOPPAR positive in July, first time since February
U.S. HOTEL OCCUPANCY crept above 50 percent in the week ending Aug. 15 and other signs continued to indicate a gradual rise toward recovery...
Article: Cash shortage for U.S. hotels to cause 51.9 percent fall in RevPAR
GROSS OPERATING PROFITS for U.S. hotels will fall more than 80 percent as a result of the COVID-19 pandemic, according to an article from...
STR: U.S. occupancy hits 50 percent
U.S. HOTEL PERFORMANCE went up in July over June, though it remained down from last year. The trend continued into the second week of...
Report: Extended-stay hotels on top in first half of 2020
EXTENDED-STAY HOTELS in the U.S. have seen their steepest declines ever in occupancy and other performance metrics since the COVID-19 pandemic shut down the...
TV personality and hotelier presses Congress for stimulus
TRAVEL CHANNEL TV personality and Argeo Hospitality CEO Anthony Melchiorri has made a career out of “fixing” troubled hotels, is now bringing his celebrity...
Study: Hotels should provide home-like entertainment tech experience
A SIMPLE COLOR TV and remote are no longer sufficient entertainment for today’s travelers. It is essential to provide the technology and service personalization...
Report: Short-term rentals’ RevPAR nearly back to 2019 levels
U.S. HOTELS ARE seeing improvements in occupancy since the low point of the COVID-19 pandemic, but short-term apartment rentals are recovering faster, according to...
STR: Week-to-week improvements steady for U.S. hotels
THE WEEKLY PERFORMANCE improvements many U.S. hotels have been seeing over the summer may have a deadline, according to STR. The current trend is...
Baird/STR Hotel Stock Index dropped 1.7 percent
INVESTOR CONFIDENCE REMAINS shaken in the face of rising COVID-19 cases and the Baird/STR Hotel Stock Index is feeling the chill. The index dropped...