Industry News
Singh Co. builds luxury resort in Key West, Florida
IN 2012, PARROT Key Resort in Key West, Florida, was to be developer Pritam Singh’s last big project.
The Singh Co. in 2014 sold the...
Red Lion Hotels sells its flagship property in Spokane
ONCE THE FLAGSHIP property of the Red Lion Hotels Corp., the Hotel RL in Spokane, Washington, has a new owner.
RLH Corp. on July 17...
TRENDS & ISSUES
U.S. hotel industry breaks 2Q record, says STR
THE SECOND QUARTER 2018 for the U.S. hotel industry was another record breaker, reports STR.
While the data-analysis company compares the 2Q18 business performance of...
STR: U.S. occupancy, RevPAR drop in early July
OCCUPANCY FOR U.S. hotels dropped 3.1 percent to63.5 percent in the first week of July over the same time last year, and that dragged...
Hotel stock index drops 4 percent in June
AFTER A RELATIVELY sunny May, June brought some storm clouds to the Baird/STR Hotel Stock Index. The index fell 4 percent last month to...
Report: Hotel industry growth to remain steady
FOR ANYBODY PREDICTING that the current hotel market cycle is peaking, the strong U.S. economy and prudent lending practices are keeping it running a...
Index: Consumer confidence drives growth in U.S. domestic travel
TRAVEL TO AND in the U.S. continues to grow, up 3.4 percent in May, and consumer confidence is high, according to the U.S. Travel...
Survey: Americans like to take a road trip
The great American road trip is alive and well and may be coming to a hotel near you soon, according to the most recent...
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