Industry News

Second quarter bring losses, some hope for hotel companies

SEVERAL PUBLICALLY TRADED hotel companies announced their second quarter performance this week. Each showed losses reflecting the impact of the COVID-19 pandemic that is...

Pelosi joins hotel industry pros to discuss stimulus

HOTELIERS HAVE THE opportunity to hear directly from a Congressional leader about the debate over the next round of federal stimulus to counteract the...

TRENDS & ISSUES

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...

STR: Occupancy rises to 48.9 percent in week ending Aug. 1

AS THE FINAL full month of summer begins, U.S. hotels continued their slow climb out of the COVID-19 pandemic rut, according to STR. Occupancy...

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...

LE: Marriott, Hilton and IHG stay atop U.S. pipeline

AS THEY HAVE for the past few years, three companies dominate the U.S. hotel construction pipeline, according to Lodging Econometrics. Marriott International, Hilton Worldwide...

STR: Occupancy, ADR rise some in week of July 25

U.S. HOTELS CONTINUED their gradual, week-by-week climb out of the COVID-19 slump during the week ending July 25. Occupancy and ADR rose again for...

LE: U.S. pipeline slows 1 percent in pandemic

THE COVID-19 PANDEMIC is barely slowing the rate of hotel construction in the U.S., according to Lodging Econometrics. During the second quarter the number...
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