Industry News
Report: Boutique hotels recovering quickly from pandemic
BOUTIQUE HOTELS STRUGGLED some in 2020, but recovered faster than other categories of hotel, according to a report from consulting agency The Highland Group....
VHG’s new Kinley hotel honors local female artists
KINLEY CHATTANOOGA SOUTHSIDE, a recently opened boutique hotel in Chattanooga, Tennessee, is promoting the work of local female artists by displaying it throughout the...
TRENDS & ISSUES
Hotel stock index up in April 3.2 percent
HOTEL STOCKS ROSE in April, according to the Baird/STR Hotel Stock Index, but they were behind the rest of the market. However, the industry’s...
STR: U.S. hotel performance stationary during last week of April
APRIL FINISHED FLAT for U.S. hotels, according to STR. However, the NFL Draft provided a boost for the host city of Cleveland.
Occupancy for the...
STR: Profits in March half of 2019 levels
FOR MONTHS, HOTEL industry experts have tried to predict when profits would return to 2019 levels. In March, U.S. hotels reached the halfway point,...
STR: Occupancy flat during week of April 24
U.S. HOTEL PERFORMANCE remained flat during the second to last week of April, according to STR. That trend is expected to continue until summer...
LE: Construction pipeline dips some in first quarter
THE U.S. HOTEL construction pipeline took a slight dip in the first quarter, according to Lodging Econometrics. However, the slowdown was not unexpected considering...
HotStats: U.S. hotels steady on profit in March
PROFITS FOR U.S. hotels continued to see some small improvements in March, one year after the beginning of the pandemic, according to HotStats. Year-over-year...
