Global Update: WHO and Lady Gaga plan ‘Together at Home’ concert

Here is the update on efforts to track the spread of the coronavirus global pandemic as of April 7. Data is from the World...

Survey: U.S. hotel sales dropped 21 percent in 2019

U.S. HOTEL SALES decreased nearly 21 percent in 2019 compared to the previous year, according to hospitality consulting firm Hotelivate. Low RevPAR growth and...

Survey: Small business owners fear their companies will not survive COVID-19 pandemic

FEDERAL HELP MAY be on the way for small business owners suffering from the economic downturn caused by the COVID-19 pandemic. However, many of...

Baird/STR Hotel Stock Index rose nearly 2 percent in July

INVESTORS RETURNED TO the Baird/STR Hotel Stock Index in July, leading to a 1.9 percent rise to a level of 5,086 points. The summer leisure...

STR: Tampa sees Super Bowl surge, but smaller than previous years

THE SUPER BOWL did provide a performance boost for the host city, Tampa, Florida, but not nearly as much as in previous years, according...

LE: U.S. hotel pipeline expands in Q1

THE ONGOING COVID-19 pandemic had a minimal impact on the U.S. hotel construction pipeline in the first quarter of 2020, according to Lodging Econometrics....

Article: Cash shortage for U.S. hotels to cause 51.9 percent fall in RevPAR

GROSS OPERATING PROFITS for U.S. hotels will fall more than 80 percent as a result of the COVID-19 pandemic, according to an article from...

STR: U.S. hotels see jump in occupancy in week of March 20

U.S. HOTELS CONTINUED to see improved performance in the second to last week of March, according to STR. The improvement came across the board,...

HotStats: Profits dropped to negative value in March

AS THE MONTH in which the COVID-19 pandemic began, March saw the first drops in hotel profits around the world, according to HotStats. In...

STR: 2019 was record setting for hospitality

IT WAS ANOTHER record setting year for the U.S. hospitality industry in 2019, according to STR. However, it was also the slowest growth for...