Hihotels added four properties in first quarter
FOUR PROPERTIES JOINED the hihotels by Hospitality International portfolio during the first quarter. The new additions are in Maryland, Oregon and Texas and are...
STR: Hotel occupancy continues weekly slide in November
AS THE U.S. hotel industry moves into the holiday season, performance continues to lag with weekly declines in occupancy, according to STR. At the...
Baird/STR: Hotel stock index dropped 11.7 percent in January
GROWING COVID-19 CONCERNS resulted in a significant drop of 11.7 percent to 4,296 in the Baird/STR Hotel Stock Index for February. That follows a...
Article: Cash shortage for U.S. hotels to cause 51.9 percent fall in RevPAR
GROSS OPERATING PROFITS for U.S. hotels will fall more than 80 percent as a result of the COVID-19 pandemic, according to an article from...
STR: Labor Day weekend boosts occupancy
LABOR DAY WEEKEND provided an expected boost to U.S. hotels’ occupancy for the week ending Sept. 5, according to STR. However, now leisure travel...
CBRE projects demand to rebound by 2022
THE REST OF 2020 may be very hard to weather for the U.S. hotel industry as a result of the COVID-19 pandemic, but it...
STR: GOPPAR positive in July, first time since February
U.S. HOTEL OCCUPANCY crept above 50 percent in the week ending Aug. 15 and other signs continued to indicate a gradual rise toward recovery...
CHLA’s Bijal Patel wins AAHOA advocacy award
BIJAL PATEL, CHAIRMAN of the California Hotel & Lodging Association, received AAHOA’s Political Forum Award for Advocacy. His work with initiatives to help hoteliers...
HotStats predicts changes in hotels after post-COVID-19
THE HOTEL INDUSTRY will be changed forever post-COVID-19 pandemic. HotStats predicts how the hotels will look like post-COVID in its blog, from the use...
STR: Texas, Louisiana see ‘storm surge’ in hotel occupancy after Hurricane Laura
HURRICANE LAURA LED to a demand surge for hotels in Texas and Louisiana hotels during the week ending Aug. 29, according to STR. However,...
