STR: Hotel construction in December down 61K rooms from peak
HOTEL CONSTRUCTION DROPPED in December, falling 61,000 rooms below the peak reached in early 2020, according to STR. The number of projects under construction...
CoStar: U.S. hotel performance sees YOY dip on New Year’s Eve
U.S. HOTEL PERFORMANCE increased compared to the prior week, but year-over-year comparisons were unfavorable due to the conclusion of the comparable week from 2022...
Baird/STR Stock Index rose 0.7 percent in April
THE BAIRD/STR HOTEL Stock Index rose again in April, continuing a trend the index has followed for the past four months. Investors’ optimism is...
STR: Thanksgiving holiday drags U.S. hotel performance in the fourth week of November
U.S. HOTEL PERFORMANCE was down in the fourth week of November compared to the week before due to the Thanksgiving holiday, according to STR....
STR: Occupancy flat in week ending July 11
OCCUPANCY REMAINED FLAT one week after the July 4 holiday weekend while room rates went down, according to STR. As in previous weeks, a...
STR: U.S. hotels see mixed performance for week ending June 10
U.S. HOTEL PERFORMANCE experienced a significant increase compared to the previous week, according to STR‘s latest data. However, year-over-year comparisons yielded mixed results.
For the...
STR: GOPPAR fell 116.9 percent in April
BEGINNING AND ENDING under the full impact of the COVID-19 pandemic, April was no spring lark for the U.S. hotel industry. In its second...
STR: Hotel profits rise between April and May
GROSS OPERATING PROFITS for U.S. hotels crept closer to 2019 levels in May, according to STR, with each profitability metric came in higher than...
Surveys: Fewer Americans traveling for holidays
THE OLD SONG “Home for the holidays” has a new meaning this year as most Americans are expected to stay home, not travel to...
STR: Spring break boosts U.S. hotels in the third week of March
SPRING BREAK TRAVEL helped U.S. hotel performance to rise in the third week of March from the week before, according to STR. Occupancy for...