Report: U.S. extended-stay hotels on recovery path in Q4 2021
DEMAND FOR U.S. extended-stay hotels in the fourth quarter of 2021 was more than five times greater than supply, resulting in overall occupancy just...
STR: Hotel GOPPAR for 2021 at 52 percent of 2019 level
IN 2021, GOPPAR for U.S. hotels reached 52 percent of the comparable 2019 level, according to STR‘s full-year 2021 P&L data release. The holiday...
STR: U.S. hotel performance flat in third week of January
U.S. HOTEL PERFORMANCE remained relatively flat during the third week of January, according to STR. Tampa, Florida, led the top 25 markets in terms...
LE: Slight dip in U.S. hotel construction pipeline in 2021
THE U.S. HOTEL construction pipeline dropped 8 percent by projects and 10 percent by rooms in 2021 when compared to 2020, according to Lodging...
STR, TE update U.S. forecast upward in light of strong ADR
THE UPWARD MOVEMENT of ADR for U.S. hotels lifted the forecast for the market by STR and Tourism Economics. The travel research firms released...
STR: U.S. hotel RevPAR recovered 83 percent in 2021
REVPAR FOR U.S. hotels recovered to 83.2 percent of 2019 levels in 2021, according to STR. Also, in December 2021, ADR and RevPAR hit...
STR: U.S. occupancy down year-over-year in second week of January
AS A RESULT of a larger impact from the Omicron variant, U.S. hotel occupancy worsened in the second week of January in comparison with...
Webinar: More U.S. travelers using digital tools to research plans
PEOPLE ARE SHOWING a desire to get back to travel, but within certain limits, according to a Reuters Events Travel webinar. The webinar featured...
STR: U.S. hotel performance down post holidays
AS THE HOLIDAY season dwindles into the past, so did U.S. hotel performance, according to STR. Occupancy dropped, dragging ADR and RevPAR with it.
Occupancy...
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...
