Industry News
Report: Boutique hotels make more RevPAR than traditional hotels
BOUTIQUE HOTELS GENERATED more annual RevPAR than traditional hotels in the U.S. last year, according to a report from consulting agency The Highland Group....
Hotel Property Taxes – An Opportunity to Cut a Cost
ACCORDING TO THE March 2022 edition of CBRE’s Hotel Horizons national forecast report, the total revenue for a typical U.S. hotel is not expected...
TRENDS & ISSUES
STR: U.S. hotels scale new weekly records in the fourth week of June
U.S. HOTELS POSTED new weekly records in all performance metrics in the fourth week of June, according to STR. The RevPAR on a nominal...
STR: U.S. hotels report highs in the third week of June
THE REVPAR OF U.S. hotels reached an all-time weekly high on a nominal and a pandemic-era high on an inflation-adjusted basis in the third...
STR: U.S. hotels’ RevPAR reaches all-time weekly high in second week of June
THE REVPAR OF U.S. hotels reached an all-time weekly high on a nominal basis in the second week of June as performance jumped, according...
Baird/STR Hotel Stock Index dropped in May
THE BAIRD/STR HOTEL Stock Index dropped in May, after rising continuously for five months. Investors grew concerned about macroeconomic slowing and inflationary pressures which...
STR: U.S. hotels’ early June performance drags post Memorial Day
U.S. HOTEL PERFORMANCE dropped in the first week of June compared to the week before due to the expected slowdown following the Memorial Day...
Report: U.S. extended-stay hotels continue good performance in April
U.S. EXTENDED-STAY HOTELS continued their good performance in all measures of performance in April compared to 2019 and higher than in March, according to...
People
