STR: March ends with severe drops in occupancy, ADR and RevPAR
THE FINAL FULL week of March ushered in severe declines in occupancy, ADR and RevPAR for U.S. hotels, according to STR. Such steep drops...
Global Update: WHO reports more than 57,000 new cases of coronavirus
Here is an update on efforts to track the spread of the coronavirus global pandemic as of March 31. Data is from the World...
Report: COVID-19 pandemic will lead to more loan defaults
AS THE COVID-19 pandemic tears through the U.S. economy, one more result will be an increase in loan defaults, according to Trepp research firm....
STR: U.S. hotel RevPAR is likely to drop 50.6 percent for 2020
THE U.S. HOTEL industry is projected to report a 50.6 percent decline in RevPAR in 2020 due to the impact from the COVID-19 pandemic,...
COVID-19 pandemic continues draining the U.S. travel and hospitality industry
IN A WEEK of bad news, the numbers tell a dismal tale. Occupancy continues to slide down, millions of people are out of their...
AHLA: Hotels losing billions to COVID-19 pandemic
THE U.S. HOTEL industry has lost billions of dollars so far as a result of the COVID-19 pandemic and shutting of the nation’s economy,...
Article: Resort fees can increase revenue for hotels
U.S. HOTEL OWNERS and operators are looking at all potential sources of revenue beyond the rental of guest rooms. Resort fees are one feasible revenue...
STR: U.S. hotels see declines in early March due to COVID-19
FEBRUARY MAY HAVE been the last month of positive growth for U.S. hotels for the next few months due to the COVID-19 pandemic, according...
U.S topped global construction pipeline in 2019
THE U.S. TOPPED the global hotel pipeline in 2019, according to Lodging Econometrics. Several U.S. cities also topped the list for development.
The total global...
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...
