HAMA survey predicts RevPAR declines of 50 to 75 percent

MOST HOTEL ASSET managers are expecting continuing declines in RevPAR for U.S. hotels until 2023, many between 50 to 75 percent, according to a...

Report: Spas contribute substantially to U.S. hotel revenues

SPAS HAVE BECOME major revenue contributors for U.S. upper-upscale and luxury hotels, according to the HVS 2019 performance report on spa departments. The report’s...

Hersha Hospitality will return its PPP loan money

HERSHA HOSPITALITY TRUST is taking several steps to reduce its financial burden and keep most of its 48 hotels open, though it still had...

HVS: Hospitality growth in 2020 stable, but caution is urged

THE U.S. HOSPITALITY industry is likely to continue hitting its peak through 2020, though some economic uncertainty remains, according to a report from lodging...

Report: Independent boutiques maintaining growth

AS REVPAR GROWTH continues to slow for U.S. hotels, independent boutique hotels continue to hold steady, according to a report from The Highland Group....

Report: Extended-stay hotels on top in first half of 2020

EXTENDED-STAY HOTELS in the U.S. have seen their steepest declines ever in occupancy and other performance metrics since the COVID-19 pandemic shut down the...

Red Roof pipeline grew 20 percent in 2019

RED ROOF SAW 20 percent growth in it's new construction pipeline across its system in 2019. The company expects to have more 60,000 rooms...

Extended-stay hotels end first quarter better than most

THE FIRST QUARTER of 2020 was not good for most in the U.S. hotel industry, but it was less bad for extended-stay hotels, according...

STR: RevPAR forecast to stay flat in 2020

REVPAR IS EXPECTED to remain flat this year and next, according to the forecast for 2020 and 2021 released Tuesday by STR at the...

Study: Hoteliers employ cost-cutting strategies to recover from COVID-19

THE SOCIAL AND economic fallout from the COVID-19 pandemic has very badly affected the travel and hospitality industries. A new study reveals that hoteliers...