Industry News
Netlink Voice acquires communication platform Phonesuite
ASIAN AMERICAN OWNED technology firm Netlink Voice LLC has acquired Phonesuite, a hospitality voice communication platform used by several hotel brands, the company said...
Greene leaving AAHOA for new position
KEN GREENE IS leaving his position as president and CEO of AAHOA to begin a new job with Dallas-based IBF Hospitality. AAHOA already has...
TRENDS & ISSUES
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 RevPAR recovered 83 percent in 2021
REVPAR FOR U.S. hotels recovered to 83.2 percent of 2019 levels in 2021, according to STR. Also, in December 2021, ADR and RevPAR hit...
STR: U.S. occupancy down year-over-year in second week of January
AS A RESULT of a larger impact from the Omicron variant, U.S. hotel occupancy worsened in the second week of January in comparison with...
Webinar: More U.S. travelers using digital tools to research plans
PEOPLE ARE SHOWING a desire to get back to travel, but within certain limits, according to a Reuters Events Travel webinar. The webinar featured...
STR: U.S. hotel performance down post holidays
AS THE HOLIDAY season dwindles into the past, so did U.S. hotel performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it.
Occupancy...
STR: Hotel construction in December down 61K rooms from peak
HOTEL CONSTRUCTION DROPPED in December, falling 61,000 rooms below the peak reached in early 2020, according to STR. The number of projects under construction...
