Hotel stock index up 1.7 percent in May
IN ANOTHER SIGN of slow recovery from the COVID-19 pandemic’s economic impact, the Baird/STR Hotel Stock Index rose 1.7 percent in May over the...
STR: Small signs of recovery in last week of May
THE NUMBERS REMAINED bleak for U.S. hotels during the week ending May 30 following drastic drops in profit in April resulting from the COVID-19...
STR: May closes with occupancy at 36.6 percent
WEEK BY WEEK business crawls back toward normal for U.S. hotels, with occupancy during the last week of May rising slightly over the previous...
Report: Economy extended-stay strong in April
ECONOMY EXTENDED-STAY hotels continued to show resilience during the first full month of the COVID-19 pandemic, according to the latest report from hotel investment...
Trepp: Percent of delinquent CMBS loans rose to 7.15 percent in May
EXPERTS WERE NOT surprised by the rise in delinquencies on commercial mortgage backed securities loans that happened in May. The size of the drop,...
STR: GOPPAR fell 116.9 percent in April
BEGINNING AND ENDING under the full impact of the COVID-19 pandemic, April was no spring lark for the U.S. hotel industry. In its second...
STR: Third week of May gets occupancy boost from Memorial Day
U.S. HOTEL OCCUPANCY rose a bit during the week ending May 23 compared to the previous week, with a particular bump seen over the...
Survey finds Airbnb owners are concerned about surviving the COVID-19 pandemic
PRIOR TO THE COVID-19 pandemic, traditional hotels in the U.S. were very concerned about competition from newcomer Airbnb. Now, both forms of lodging are...
Study: Memorial Day weekend travel rose 48.5 percent over previous weekend
TRAVEL OVER MEMORIAL Day weekend in the U.S., which had been expected to be down, saw an increase of 48.5 percent over the prior...
Hotstats: GOPPAR continues downward trend in April
BY APRIL, THE hospitality industry had dropped so far down the COVID-19 pandemic well that it seems best to track signs of recovery through...