Industry News

CorePoint Lodging selling properties amidst revenue drop

COREPOINT LODGING, A REIT that owns midscale and upper-midscale La Quinta by Wyndham hotels, is selling off properties in an effort to change the...

Illinois passes ‘panic buttons’ requirements

ILLINOIS HAS BECOME the second state to pass legislation to require some hotels to provide personal safety devices, aka “panic buttons,” to hotel employees....

TRENDS & ISSUES

STR: U.S. hotels see RevPAR rise in July

A SLIGHT SHIFT in the calendar put July’s U.S. hotel performance over the top in a year over year comparison, according to STR. However,...

Study: Hotels will cover interest payments even in downturn

AN ECONOMIC SLOWDOWN may well be on the horizon in the next two years, but the news is not all glum. Even the worst...

STR lowers forecast through 2020

STR LOWERED ITS U.S. hotels performance forecast for the next two year during its 11th annual Hotel Data Conference in Nashville, Tennessee, Thursday. The...

Hotel stock index dropped 1 percent in July

THE BAIRD/STR HOTEL Stock Index fell 1 percent in July to 4,883. The drop comes a month after a 6.2 percent increase in June...

STR: U.S. hotel construction grew 8.3 percent in July

THE NUMBER OF hotel rooms in the final phase of development in the U.S. construction pipeline rose 8.3 percent in July over the same...

STR: New York, Chicago and Las Vegas top list of meeting destinations

MEETING PLANNERS FAVOR New York, Chicago and Las Vegas in their plans for the next two years, according to STR’s Destination Meeting Assement Program...
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CURRENT NEWSLETTER ARCHIVE 21 August 2019
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