Industry News
USTA: Uneven reopening slowing business travel recovery
WHEN THE SUMMER is over and leisure travel starts to ebb, U.S. hotels will look to business travel to continue the recovery. However, that...
‘Juneteenth’ proclaimed a federal holiday
JUNETEENTH, THE CELEBRATION of the end of slavery in the U.S., is now an official federal holiday to be observed each June 19. Hotel...
TRENDS & ISSUES
STR: Recovery continued in May with 59.3 percent
U.S. HOTELS’ CLIMB out of the COVID-19 downturn continued in May, according to STR. Occupancy, RevPAR and ADR all reached a new high in...
AAA: More than 47.7 million to travel on July 4 weekend
AMERICANS ARE TRAVELING again, and the July 4 weekend is expected to see the second highest travel volume for that holiday weekend on record,...
STR: U.S. hotels hit new highs in last week of May
U.S. HOTELS SAW steady performance during the closing days of May, according to STR. Despite coming off the Memorial Day weekend sugar rush, most...
Highland Group: Extended-stay hotels’ occupancy close to 2019 level in April
U.S. EXTENDED-STAY hotels nearly reached 2019 levels in April, according to a report from to hotel investment advisors The Highland Group. Growth in the...
Baird/STR Hotel Stock Index rose 2.8 percent in May
THE BAIRD/STR Hotel Stock Index dropped some in May, down 2.8 percent, according to STR. Investors appear to be waiting to see if an...
STR: Memorial Day weekend brings surge in occupancy
MEMORIAL DAY WEEKEND was exactly the boost expected for U.S. hotels, according to STR. Occupancy for the last week of May exceeded late February...
