Industry News
AAA survey finds Americans willing to travel in fall
AMERICANS ARE PLANNING to travel this fall, but they remain cautious about whether they will be able to realize those plans, according to a...
Arizona hotelier found dead in lake
A LAKE HAVASU City, Arizona, hotelier was found dead in a lake in an apparent drowning. On a community website, Pishit Patel was remembered...
TRENDS & ISSUES
LE: U.S. hotel construction pipeline marginally down in Q3
THE LATEST REPORT by a global hotel intelligence firm has found out that the U.S. hotel construction pipeline was down slightly in the third...
HotStats: U.S. trails the world in hotel profits
U.S. HOTELS REMAIN stuck in the low profitability trend begun by the COVID-19 pandemic even as the global market continues to adjust upward, according...
STR: October sees steady improvement in U.S. hotel performance
U.S. HOTEL PERFORMANCE has improved steadily so far in October, according to STR. That follows an improved performance in September that was the highest...
HAMA survey predicts RevPAR declines of 50 to 75 percent
MOST HOTEL ASSET managers are expecting continuing declines in RevPAR for U.S. hotels until 2023, many between 50 to 75 percent, according to a...
Hotel stocks dipped 7.1 percent in September
U.S. HOTEL STOCKS dropped again in September amid investors’ concerns about the economy slowing and a possible rise in COVID-19 cases, according to the...
STR: U.S. hotels’ occupancy flat for week ending Sept. 19
U.S. HOTELS’ PERFORMANCE remained flat for the week ending Sept. 19. The highest occupancies were again driven by disasters, such as Hurricane Laura and...
