Report: Extended-stay hotels’ performance in June improved
IN JUNE, FOR a third straight month, extended-stay hotels in the U.S. saw improved performance, according to the latest report from hotel investment advisors...
Delta variant forces CBRE to revise its economic forecast
THE LONG-AWAITED RETURN of business travel may be delayed as a result of the Delta variant of COVID-19, according to CBRE Hotels Research. As...
STR: ADR up in second week of December
U.S. HOTEL PERFORMANCE increased in the second week of December, according to STR. ADR was up during the week when compared to same period...
STR: May closes with occupancy at 36.6 percent
WEEK BY WEEK business crawls back toward normal for U.S. hotels, with occupancy during the last week of May rising slightly over the previous...
USTA holds ‘Virtual Hill Week’ to press for more federal aid to travel sector
DESPITE SOME RECENT upticks in travel, the U.S. is expected to see a 45 percent decline in travel spending this year, according to a...
H-1B visa restrictions may impact job creation
THE U.S. HAS suspended the entry of workers on the H-1B and some other non-immigrant visa programs, ostensibly to protect American jobs according to...
STR: Occupancy dropped below 50 percent in week ending Aug. 22
WITH LABOR DAY around the corner, U.S. hotel occupancy slipped back below 50 percent during the week ending Aug. 22, according to STR. However,...
STR: U.S. occupancy hits 50 percent
U.S. HOTEL PERFORMANCE went up in July over June, though it remained down from last year. The trend continued into the second week of...
Marriott to require guests to wear facemasks
TRAVELERS WITH RESERVATIONS at a hotel by Marriott International will have something else to remember to pack: facemasks. The company now requires guests, like...
Hotel companies act to curb losses
ALL MAJOR PUBLICLY traded hotel companies listed in the earnings charts listed below pulled their RevPAR and financial guidance for 2020 in March as...
