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...

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....

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...

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: 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...

Trepp releases list of 30 CMBS loans containing hotels

THE TREPP RESEARCH firm has created a list of the 30 commercial mortgage backed securities conduit loan packages with the highest percentage of hotel...

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...

CBRE: Spa revenue surpassed room and total operating revenues in 2018

U.S. HOTELS HAVE reported a higher spa revenue than room revenue and total operating revenue, according to CBRE Trends in the Hotel Spa Industry....

STR, TE revise forecast with lower 2022 growth projected

PROJECTIONS FOR THE recovery of U.S. hotels from the COVID-19 pandemic remain basically the same in the latest forecast from STR and Tourism Economics....