STR: Rising labor cost drags down U.S. hotel profitability in September

RISING LABOR COST again pulled U.S. hotel profitability down in September for the second consecutive month, according to STR. Estimated labor costs came in...

Survey: Travelers are already planning their next vacation

THE SUMMER TRAVEL season is officially over, but travelers in the U.S. already are planning their next vacation for 2022, according to media company...

STR: U.S. hotel occupancy dips, ADR rises in week of Oct. 23

ONE WEEK AFTER reaching its highest point since mid-August, US hotel occupancy dipped a percentage point in the third week of October, according to...

LE: Slight increase in U.S. construction pipeline in Q3 2021

THE U.S. HOTEL construction pipeline witnessed a slight increase in the third quarter of 2021 over second quarter, according to Lodging Econometrics (LE). However,...

STR: U.S. hotel occupancy highest since mid-August

U.S. HOTEL OCCUPANCY reached its highest level since mid-August during the second week of October while room rates dipped from a week ago, according...

STR: U.S. pipeline falls by 48,000 in September

THE NUMBER OF rooms in the U.S. hotel pipeline dropped in September under pressure from the still lingering COVID-19 pandemic, according to STR. The...

STR: Columbus Day boosted U.S. hotel performance

U.S. HOTEL PERFORMANCE rose to a level similar to late summer for the week ending Oct. 9, backed by the long Columbus Day weekend,...

OYO report: Exploration and new experiences tops for U.S. travelers

TRAVELERS IN THE U.S. choose to explore local destinations and new experiences, followed by solo travel, according to a report from OYO Rooms. New...

Delta variant forces CBRE to revise its economic forecast

THE LONG-AWAITED RETURN of business travel may be delayed as a result of the Delta variant of COVID-19, according to CBRE Hotels Research. As...

Hotel stock index rose 5.2 percent September

HOTEL STOCKS ROSE in September based on higher-than-expected group travel business, according to the Baird/STR Hotel Stock Index. The index rose 5.2 percent during...