Industry News
Choice Hotels finishes acquisition of Radisson Americas
CHOICE HOTELS INTERNATIONAL has completed its acquisition of Radisson Hotels Americas for $675 million. The transaction includes Radisson’s franchise business, operations and intellectual property.
The...
Recovery gap between extended-stay hotels, others closer in first half of the year
AS THE FIRST half of 2022 ended, U.S. hotels overall were catching up with extended-stay hotels in terms of recovery, according to a report...
TRENDS & ISSUES
STR: U.S. hotel performance falls in the first week of August
U.S. HOTEL PERFORMANCE fell in the first week of August compared to the week before following seasonal patterns, according to STR. However, ADR and...
STR and TE release new 2022 forecast at HDC
OCCUPANCY PROJECTIONS ARE dropping while ADR projections are rising in a new forecast for U.S. hotels by STR and Tourism Economics. RevPAR is still...
STR: Slight dip in U.S. hotel performance as summer travel peak passes
THERE WAS A slight dip in U.S. hotel performance in the fifth week of July compared to the week before, which was the traditional...
Report: U.S. extended-stay hotels’ performance up in June compared to 2019
ALL RECOVERY INDICES of U.S. extended-stay hotels were up in June compared to 2019 than in May, according to hotel investment advisors The Highland...
LE: Dallas and Marriott lead U.S. hotel construction pipeline in the second quarter
DALLAS LEADS THE U.S. hotel construction pipeline for the fourth consecutive quarter, according to Lodging Econometrics. Among brands, Marriott International led the pipeline.
Dallas had...
STR: GOPPAR of U.S. hotels reach highest level since October 2019 in June
IN JUNE, GOPPAR for U.S. hotels reached its highest level since October 2019, according to STR. All profitability metrics were up in the month...
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