LE: U.S. pipeline decline continues 2021’s first half
THE U.S. HOTEL construction pipeline declined 14 percent year-over-year at the close of second quarter in 2021, according to Lodging Econometrics. New York City...
STR: U.S. hotels set new highs in June, week of July 17
THE U.S. HOTEL industry set new highs in June and in the third week of July, according to STR. There was a slight dip...
STR: Occupancy and ADR up in week ending July 10
OCCUPANCY AND ADR rose for U.S. hotels in the second week of July, according to STR. Leisure travel continued to drive business with those...
STR: New York leads nation in hotel rooms under construction
NEW YORK CITY is seeing a surge in hotel rooms under construction and in projected openings for the rest of 2021, according to STR....
STR: Occupancy down, ADR up in first week of July
OCCUPANCY FOR U.S. hotels went down some in the first days of July, but ADR rose on a weekly and yearly level, according to...
Baird/STR Hotel Stock Index fell 3 percent in June
THE HOTEL STOCK rollercoaster continued its downhill slide in June, according to the Baird/STR Hotel Stock Index. The 3 percent drop came as a...
Report: U.S. extended-stay hotels report year’s highest occupancy in May
THE OCCUPANCY RATE in U.S. extended-stay hotels has roared back in April and May, with highest average occupancy this reported in May at 76.5...
STR: Hotel profits rise between April and May
GROSS OPERATING PROFITS for U.S. hotels crept closer to 2019 levels in May, according to STR, with each profitability metric came in higher than...
STR: U.S. hotel occupancy reached new high in last week of June
THE RECOVERY CONTINUED in the final full week of June for U.S. hotels, according to STR. Occupancy reached its highest level since late October...
HotStats: Profits competed with costs in May
U.S. HOTELS CONTINUED to show profits in May as travel resumed, according to HotStats. However, revenue labor costs also continued to eat into revenue.
Globally,...
