Industry News

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...

Asian American owned companies building seven new Microtels

TWO ASIAN AMERICAN owned companies are planning new Microtel by Wyndham hotels using the new Moda prototype introduced earlier this year. Developer Pinu “Pete”...

TRENDS & ISSUES

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...

USTA: U.S. continues to lose share in international travel market

THE U.S. IS expected to continue losing its share of the international travel market for the next two years, according to the U.S. Travel...

LE: U.S. pipeline up 6 percent for projects in second quarter

THE U.S. HOTEL pipeline continued to fill in the second quarter despite business investment declining for the first time since 2016, according to Lodging...
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