STR: U.S. hotels under perform in 2019’s first quarter

U.S. HOTELS SAW little growth in business during March, the least amount of growth since the recession, in fact, according to STR. Results for...

BTS: U.S. airlines carried estimated 74.9 million passengers in March

AN ESTIMATED 74.9 million passengers used U.S. airlines for domestic and international trips in March, according to the Bureau of Transportation Statistics. Domestic flights...

Report: $1 billion investment in waterparks expected for 2019

SUMMER IS AROUND the corner and the waterparks will soon be springing up like flowers of profit, according to projections by Hotel & Leisure...

Brand USA brought 1.13 million international visitors to the U.S. in 2018

THE DESTINATION MARKETING organization Brand USA brought 1.13 million more incremental visitors to the U.S. in fiscal year 2018, according the organization’s most recent...

U.S. hotels see hikes in occupancy, ADR and RevPAR

U.S. hotels reported positive performance results during the last week of March, according to STR. The fact that Easter fell in the same time...

Hotel stock index dropped 0.9 percent in March

THE BAIRD/STR Hotel Stock Index fell 0.9 percent in March to 4,642. The drop comes a month after a 6.8 percent increase in February. The...

Study explains pre-opening costs

THERE’S A LOT that goes into opening a new hotel, so much so that even experienced developers may need a little help determining pre-opening...

STR: U.S. hotel occupancy up 0.2 percent in third week of March

U.S. HOTEL PERFORMANCE was nearly flat during the third week of March, according to STR. Parts of California saw the most growth, while Houston,...

Hotel stock index rose 6.8 percent in February

THE MOOD AMONG hotel investors seemed to be a little more upbeat in February, according to the Baird/STR Hotel Stock Index. The index rose...

STR: U.S. hotel occupancy down 0.9 percent in first week of March

U.S. HOTELS REPORTED mixed performance results during the first week of March, according to STR. Occupancy dipped, dragging down RevPAR, while ADR rose. Occupancy during...