Industry News
PHM enters third-party management contract with TEKMAK for three Texas hotels
PEACHTREE HOSPITALITY MANAGEMENT has contracted with TEKMAK Development Co., a full-service hospitality development company, to provide third-party management services for a portion of its...
AHLA opposes the pro-union PRO Act
SPONSORS AND SUPPORTERS of the proposed Richard L. Trumka Protecting the Right to Organize Act of 2023 say it is needed to protect the...
TRENDS & ISSUES
Baird/STR Hotel Stock Index slips 2.5 percent in February
THE BAIRD/STR Hotel Stock Index was down 2.5 percent in February 2023 as the focus turned to earnings and initial 2023 outlooks, according to...
STR: U.S. hotels’ performance improves in second week of March with spring break boost
HELPED BY THE onset of spring break travel, U.S. hotels’ performance bettered in the second week of March from the previous week, according to STR’s...
STR: Weekly U.S. hotel performance falls in first week of March
U.S. HOTEL OCCUPANCY was down in first week of March week-over-week, according to STR. All metrics were higher than comparable time periods in the...
STR: U.S. hotels’ performance up in fourth week of February
U.S. HOTEL PERFORMANCE increased in the final week of Feb from the previous week, according to STR. Occupancy saw a new high during the...
STR: U.S. hotels’ performance up in third week of February
U.S. HOTEL PERFORMANCE increased from the previous week, according to STR’s latest data for the third week of February.
Occupancy for the week ending Feb....
STR: U.S. hotel performance up in the second week of February
U.S. HOTEL PERFORMANCE was up in the second week of February from the week before, according to STR. ADR and RevPAR for hotels also...
