Extended-stay hotels end first quarter better than most
THE FIRST QUARTER of 2020 was not good for most in the U.S. hotel industry, but it was less bad for extended-stay hotels, according...
STR: Occupancy ticks up again week over week in May
U.S. HOTELS’ PERFORMANCE in the first full week of May moved up a bit from the previous week but remained down from the same...
Kalibri Labs: Occupancy rates flat at around 27 percent
U.S. OCCUPANCY RATES nationwide remained flat as of May 12 with some upward movement in leisure travel, according to hospitality data and analytics firm...
STR/Baird Hotel Stock Index rose 15.6 percent in April
IN A HINT of good news for the U.S. hotel industry, the Baird/STR Hotel Stock Index rose 15.6 percent in April. For the year...
STR: Weekend occupancy rates rose in states where COVID-19 restrictions eased
OCCUPANCY WAS UP slightly for U.S. hotels in the first week of May compared to the previous week while still remaining much lower than...
Hersha Hospitality will return its PPP loan money
HERSHA HOSPITALITY TRUST is taking several steps to reduce its financial burden and keep most of its 48 hotels open, though it still had...
LE: U.S. hotel pipeline expands in Q1
THE ONGOING COVID-19 pandemic had a minimal impact on the U.S. hotel construction pipeline in the first quarter of 2020, according to Lodging Econometrics....
STR: GOPPAR down 101.7 percent in March
STR HAS BEGUN releasing profit and loss reports for U.S. hotels, and its first, for March, is all substantial losses, as expected considering the...
HotStats: Profits dropped to negative value in March
AS THE MONTH in which the COVID-19 pandemic began, March saw the first drops in hotel profits around the world, according to HotStats. In...
STR: Third week of April shows continuing effects of COVID-19 pandemic
THE DEVASTATING IMPACT of the COVID-19 pandemic on the U.S. hospitality industry continued into the third week of April and closed out the first...