Reports: U.S. hotel profits rising back to 2019 levels
PROFITS FOR U.S. hotels took a step closer to returning to 2019 levels in April, according to STR. Similar optimism was found in HotStats...
STR: U.S. performance in week ending June 27 up from prior week
THE FINAL FULL week of June was gentle for U.S. hotels as performance rose some again over the previous weeks. The year-over-year declines also...
Survey: U.S. hotel sales dropped 21 percent in 2019
U.S. HOTEL SALES decreased nearly 21 percent in 2019 compared to the previous year, according to hospitality consulting firm Hotelivate. Low RevPAR growth and...
STR: U.S. hotels end 2022 with improved weekly performance
U.S. HOTEL PERFORMANCE improved in the final week of 2022 compared to the week before due to favorable side of a holiday calendar shift,...
Hotel stock index closes 2019 up 29.5 percent
AS 2019 CAME to an end, the Baird/STR Hotel Stock Index jumped 6.1 percent to 5,270, leading to a total 29.5 percent increase in...
CoStar: U.S. hotels’ GOPPAR declines in June due to labor cost
GOPPAR FOR U.S. hotels fell year-over-year for a second consecutive month in June, primarily due to the escalating labor costs, according to CoStar’s June...
HotStats: U.S. hotels’ profits remain flat in January
THE FIRST MONTH of 2021 saw consistent profits performance by U.S. hotels, according to HotStats. Unfortunately, it remained consistently low.
GOPPAR for the month was...
STR, TE update U.S. forecast upward in light of strong ADR
THE UPWARD MOVEMENT of ADR for U.S. hotels lifted the forecast for the market by STR and Tourism Economics. The travel research firms released...
STR: U.S. hotel performance drops in the third week of December
U.S. HOTEL PERFORMANCE decreased in the third week of December compared to the week before, according to STR. However, performance metrics improved when compared...
STR: Weekend occupancy hit 55.8 percent during week ending July 25
WEEKEND OCCUPANCY FOR U.S. hotels during the second to last week of July rose above 55 percent, according to STR. It was a small...
