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...

HVS: Lodging tax revenue may drop $6.1 billion in some U.S markets

THE COVID-19 PANDEMIC’S impact on the U.S. hotel industry could lead to a multi-billion dollar loss of lodging tax revenue, according to hospitality consulting...

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: U.S. hotels see 4 percent RevPAR increase in New Year week

THE NEW YEAR started on a positive note for U.S. hotels, according to STR. RevPAR went up 4 percent to $136.46 during the week of...

HVS: Value of U.S. hotels eroded by COVID-19 pandemic

THE VALUE OF most hotels in the U.S. declined by 15 to 30 percent as a result of the COVID-19 pandemic, according to an...

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....

Surveys: Americans optimistic about leisure travel in 2021

U.S. ADULTS’ LEISURE travel intent will remain high for the first half of 2021 with a ‘cautiously optimistic’ outlook, according to a survey by...

Survey finds 85 percent travelers have safety concerns

THE CORONAVIRUS EMERGING out of China has had an effect on international travel, but it is only one of many safety concerns by travelers...

Report: Economy extended-stay strong in April

ECONOMY EXTENDED-STAY hotels continued to show resilience during the first full month of the COVID-19 pandemic, according to the latest report from hotel investment...

STR: October sees steady improvement in U.S. hotel performance

U.S. HOTEL PERFORMANCE has improved steadily so far in October, according to STR. That follows an improved performance in September that was the highest...