Industry News
Wyndham’s “Extra Mile” to show support and gratitude to flight attendants
WYNDHAM HOTELS AND RESORTS launched the new “Extra Mile” initiative to show support and gratitude towards flight attendants, ahead of the International Flight Attendant...
IHG’s Crowne Plaza Atlanta partners with Goodr to rescue surplus food
IHG hotel & Resorts hotel Crowne Plaza Atlanta Perimeter at Ravinia in Atlanta partnered with food waste management firm Goodr to rescue its surplus...
TRENDS & ISSUES
Report: Record high demand for extended-stay hotels in the first quarter
U.S. EXTENDED-STAY hotels registered an increase in occupancy and ADR in the first quarter of this year, according to hotel investment advisors report The...
STR: U.S. hotel occupancy declines but ADR up in May’s first week
U.S. HOTEL OCCUPANCY decreased in the first week of May compared to the week before, according to STR. However, ADR increased slightly.
Occupancy was 63.9...
Baird/STR Stock Index rose 0.7 percent in April
THE BAIRD/STR HOTEL Stock Index rose again in April, continuing a trend the index has followed for the past four months. Investors’ optimism is...
STR: U.S. hotel occupancy improves in fifth week of April
Occupancy was 66.6 percent for the week ending April 30, up from 65.8 percent the week before and down 3.4 percent from 2019. ADR...
HotStats: Hotels register strong performance in the first quarter
THE PERFORMANCE OF U.S. hotels ended strong in the first quarter with March profit surging across most global regions, according to HotStats. The research...
STR: GOPPAR reached 28-month high in March
PROFITS FOR U.S. hotels reached a 28-month high in March, according to STR. Spring break travel and higher rates are pushing performance up on...
